Bitcoin Forum
May 01, 2024, 05:17:20 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Reggie Middleton on Ebay, bitcoin and cannibalising their own cash flow  (Read 1390 times)
tabnloz (OP)
Legendary
*
Offline Offline

Activity: 961
Merit: 1000


View Profile
August 26, 2014, 07:22:50 PM
 #1

Here's Reggie giving a short rundown on what Ebay is doing and why they should stop tiptoeing around bitcoin.

https://m.youtube.com/watch?v=4FBFnfsv0A8

Great analysis again.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714540640
Hero Member
*
Offline Offline

Posts: 1714540640

View Profile Personal Message (Offline)

Ignore
1714540640
Reply with quote  #2

1714540640
Report to moderator
1714540640
Hero Member
*
Offline Offline

Posts: 1714540640

View Profile Personal Message (Offline)

Ignore
1714540640
Reply with quote  #2

1714540640
Report to moderator
thezerg
Legendary
*
Offline Offline

Activity: 1246
Merit: 1010


View Profile
August 27, 2014, 01:25:10 AM
 #2

RE: Bitcoin and Ebay
"Its very simple, either you cannibalize your own cash flows or somebody else is gonna do it for you"
gog1
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500


View Profile
August 27, 2014, 02:44:40 AM
 #3

I am a big believer of crypto$, BTC open up crypto$ to the whole world - but is it the one?  I've reservations.  Reggie doesn't think BTC is the one either.

However, at the moment, I view most of the so-call 2nd gen crypto as scams.
DavidHume
Full Member
***
Offline Offline

Activity: 235
Merit: 102



View Profile
August 27, 2014, 09:09:03 AM
 #4

Here's Reggie giving a short rundown on what Ebay is doing and why they should stop tiptoeing around bitcoin.

https://m.youtube.com/watch?v=4FBFnfsv0A8

Great analysis again.

Kodak is a good example of this.

The company is the pioneer of digital film and technology but refuse to sell/market the product because of their existing cash flow in traditional film. It went bankrupt in 2013 for refusing to change.

gog1
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500


View Profile
August 27, 2014, 01:57:32 PM
 #5

Here's Reggie giving a short rundown on what Ebay is doing and why they should stop tiptoeing around bitcoin.

https://m.youtube.com/watch?v=4FBFnfsv0A8

Great analysis again.

Kodak is a good example of this.

The company is the pioneer of digital film and technology but refuse to sell/market the product because of their existing cash flow in traditional film. It went bankrupt in 2013 for refusing to change.

Once a company gets to a certain size, it is run by more and more by accountants - not technologist or 'business people'
DavidHume
Full Member
***
Offline Offline

Activity: 235
Merit: 102



View Profile
August 28, 2014, 08:08:48 PM
 #6

Here's Reggie giving a short rundown on what Ebay is doing and why they should stop tiptoeing around bitcoin.

https://m.youtube.com/watch?v=4FBFnfsv0A8

Great analysis again.

Kodak is a good example of this.

The company is the pioneer of digital film and technology but refuse to sell/market the product because of their existing cash flow in traditional film. It went bankrupt in 2013 for refusing to change.

Once a company gets to a certain size, it is run by more and more by accountants - not technologist or 'business people'

Sad state of affair.

Google and facebook is still run by technologist/visionary. Hopefully there won't be internal coup d'etat and get taken over by bureaucrat.


giveBTCpls
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250


View Profile
August 29, 2014, 05:16:54 PM
 #7

Here's Reggie giving a short rundown on what Ebay is doing and why they should stop tiptoeing around bitcoin.

https://m.youtube.com/watch?v=4FBFnfsv0A8

Great analysis again.

Kodak is a good example of this.

The company is the pioneer of digital film and technology but refuse to sell/market the product because of their existing cash flow in traditional film. It went bankrupt in 2013 for refusing to change.

Legit example. Sony may end up the same way.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!