They were bewitched by “crypto”

It’s the banks too. The internal corporate emails are laughably embarrassing.

“our efforts continue to focus on McKinsey slogans that have literally no semantic content and how they can be regurgitated to equally clueless institutional investors in order to prop up our stock price.”

wen, Sir?

Looking forward to the steam roller passing by

lmao no way this is real

Centralized Shit Show

🤣

Like watching Kodak or Blockbuster in real-time

And it will be glorious.

Bruh they haven’t learned shit in almost 9 years.

Those same corporates made the same mistake in the ‘90s: “Our efforts continue to focus on how the underlying internet technology can be applied to building private INTRAnet systems.”

bLoCkChAiN. As if this was the only innovation of Bitcoin.

Agree. And it’s crazy to me, that after so recently seeing other industries get steamrolled by tech advances, most financial institutions aren’t recognizing the inevitable and acting accordingly. Why in the world do they think that for them, this time will be different?

Blessings on you and your house.

So true. The zap feature in Damus makes it so easy to see.

It's not even a fair fight

💯🎯

‘address current painpoints’……😂

Rekt as usual

Read The Innovator’s Dilemma. This is a textbook case of everything described in that book.

This is the “putting candies near the cash register “ blockbuster moment.

?cid=2154d3d784r6hwq9tn5cm01p00fht92rfrn19vxpjfrf9crk&rid=giphy.gif&ct=g

I took a whole class this quarter about discontinuities in S-curves. I tried convincing the professor that Blockchain is not the next S-curve technology but Bitcoin is. Later in the quarter, he gives a whole speech how large and old organizations fail to see change, rather they innovate in the wrong direction (Kodak w/ digital). I asked him how so many large organizations are spotting Blockchain? He stared at me, blank faced and said hmm.