Recurrent Patterns
Recurrent Patterns is a venture exploring strategies and insights around leading-edge companies, technology and cultural trends. Vaclav engages with leaders, entrepreneurs, scientists, authors and others who can share their perspectives in long-form conversations.
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Bitcoin ETF. The dream is over. Now, the real fun begins.
The SEC approval this week signals the mainstream breakthrough Bitcoin has been waiting years for. But as I discuss in this week’s newsletter, we’re now witnessing a shift from crypto idealism to big-money influence.
Meanwhile, in Africa
Explore fascinating technological solutions that address real-life challenges and improve lives, taking us beyond the realm of generative AI. Journey to Africa and discover innovative initiatives tackling issues like addressing systems, data analysis, and mobile banking. Witness the power of human ingenuity harnessed through technology.
The missing link in the blockchain
Don’t think about the technology first. The first step is figuring out the business problem you’re looking to solve. Then you can start looking at solutions, which might include technology.
Build the tech before you figure out the business? Bad idea
It’s one of those stories that makes you ask a serious question: why would anyone build technology for such a specific use case and with such limited money-making potential?
Nasdaq is going crypto
Nasdaq is a big name. By moving into the crypto space, it provides a guarantee for investors that their money invested in the cryptocurrencies will be safe and properly handled. Unlike other crypto exchanges which have been around for a few years, Nasdaq brings stability into the market.
The Merge is coming
It is September, 2022 and a major change in the world of cryptocurrencies and blockchains is happening. The Ethereum blockchain is merging with the Beacon Chain. Yes, it is a big deal and here is why.
Follow the bitcoin
Yes, there are people and organizations sitting on large amounts of bitcoin. But their ability to use it or change it to fiat currency is getting more and more difficult. The network for storing and trading bitcoin (and other digital assets) is growing and getting more transparent. Some see it as a good thing; some as a betrayal of the promise of anonymity, privacy and decentralization.
Innovation is like Waldo: hard to find
Some of the most well-known companies in the world say they are trying to drive innovation - but are getting hung up when their technology works exactly as designed. It’s almost like the people who build technology should be thinking about strategy before they build it.
The Truth
How many times have you read a news story, an article, or a post on Twitter or Facebook and were left confused? On the one hand, you wanted to believe that information was accurate. It would fit in your carefully-built narrative. At the same time, it was 'hard to believe' that something like this was possible. Also at that moment you realized that the effort to dig deeper and find out more was not the best use of your time and energy, and you left it at that.
Walmart on blockchain
We all know Walmart. It’s the place where even people trapped in a hostage situation will deny that they were shopping there. It’s also the largest company by revenue and by number of employees - and it has reported another successful year.Walmart is rarely mentioned as an innovator. Usually, the glory for that goes to its rival Amazon.
But Walmart has grown into a global behemoth by mastering logistics on a large scale. It has built over 10,500 locations since 1962. And it’s not stopping: while the world is focused on bitcoin and Ether and NFTs and Metaverse, Walmart decided to use the underlying blockchain technology to solve a big business problem.