In his book Zero to One, my friend and former colleague Peter Thiel lays out an ingenious, provocative, and highly entertaining argument regarding the virtues of monopoly and the shortcomings of competition. He makes his case so deftly that I suspect it will soon attain the implacable majesty of conventional wisdom. That would be a shame.…
Last night President Obama explained the steps that the Administration will take to initiate long-needed reforms to our nation’s immigration policy. Essentially, around 4 – 5 million undocumented immigrants who meet certain criteria will be able to come out of the shadows and obtain relief from deportation for as long as three years. We are undoubtedly a…
Bitcoin is often characterized in the media as a volatile virtual commodity that can optimize speculation even more efficiently than gold, securitized subprime mortgages, or tulips. That’s not how I think about it. For me, Bitcoin is a transformative addition to Internet communication protocols that will create new networks of trust, fuel massive economic ecosystems,…