I have not found a single open source toC application case. ToC applications lack a positive incentive mechanism for open source. Zuckerberg open sourced Llama because Meta missed the best time. He was forced to open source by competition and surpass OpenAI by imitating Android. The other reasons are all high-sounding. He is not an open source advocate. These vested interests who advocate open source are also unwilling to open source their current successful applications. The successful open source companies I have seen are toB companies. Most of the successful open source software companies open source some common tools in some emerging industries. For example, the big data and AI industries. After more companies use this tool on github, they provide value-added services around the tool. For example, Databricks.
Starting a business is difficult. You have to face team salary and product revenue issues every day. Lightning wallets also need to face legal risks. I understand Tony's pressure, but this is the price of creating new things. You can take a break if you feel you can't stand it. This is a rare opportunity to reflect and grow. It is common for startups to fail, and failure is a way to find the right path. But Tony needs to consider his future direction. "I've fallen out of love for Bitcoin and the industry."
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Open source products will go out of business if they start to offer membership subscriptions. A very important reason is that it goes against human nature and business logic. Human nature is to like better and cheaper services, and today's Internet users are used to using free products. Users are only willing to pay for those unique products. For example, Netflix subscriptions, if the copyright of movies is free for everyone to watch, the movie production company will definitely go out of business. On the other hand, if subscriptions are paid for open source applications, users can immediately find new free alternatives. The migration cost of Lightning Wallet and Nostr is very low. There are very few subscribers who can really pay for a long time. This is why the subscription service of open source products goes against human nature and business logic.
As far as Bitcoin is concerned, closed source does not mean KYC. If a closed source profitable company can enable more people to use Bitcoin, it is more valuable than only a few nerds can use Bitcoin. WOS and STRIKE have played a very important role in promoting the use of Bitcoin. Only when more people use Bitcoin will there be a greater demand for non-KYC in the future. The Bitcoin ecosystem will be better.
I have not found a single open source toC application case. ToC applications lack a positive incentive mechanism for open source. Zuckerberg open sourced Llama because Meta missed the best time. He was forced to open source by competition and surpass OpenAI by imitating Android. The other reasons are all high-sounding. He is not an open source advocate. These vested interests who advocate open source are also unwilling to open source their current successful applications. The successful open source companies I have seen are toB companies. Most of the successful open source software companies open source some common tools in some emerging industries. For example, the big data and AI industries. After more companies use this tool on github, they provide value-added services around the tool. For example, Databricks.
Starting a business is difficult. You have to face team salary and product revenue issues every day. Lightning wallets also need to face legal risks. I understand Tony's pressure, but this is the price of creating new things. You can take a break if you feel you can't stand it. This is a rare opportunity to reflect and grow. It is common for startups to fail, and failure is a way to find the right path. But Tony needs to consider his future direction. "I've fallen out of love for Bitcoin and the industry."
Time is the best proof. WOS is the simplest client I have ever come across for ordinary users to use Bitcoin for small payments. Large amounts require cold card storage. I don’t care if the hundreds of dollars in my wallet are stolen by others. At least this wallet has not stolen hundreds of dollars from you in 7 years.
#WOS
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It is difficult to raise funds in the current market environment. It is even more difficult for Bitcoin projects. If you cannot find users who can pay you, you are basically close to bankruptcy.
Before Alby was available only through an invitation code, Alby hosted lightning nodes for free to all users. Alby's payment experience was very stable and smooth. I'm curious about how much work and expenses it takes for Alby to maintain a large number of users in the lightning node operation and personnel? bumi 🫂🫡
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Global financial assets are participating in the Olympic Games' high-difficulty diving competition.
The AI concept is the last shot in the arm for the stock market. As the first batch of AI companies continue to burn money and fail to make profits, they are closed down and acquired. The bubble of highly valued AI concept companies is bursting, and the high debt and economic recession in countries around the world are the root causes.
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The omen of the world financial crisis depends on Japan. If the yen appreciates, it means that the world's safe-haven funds will return to Japan. Japan is the country with the largest overseas assets in the world and the largest creditor of the United States. Its financial policies will trigger a global financial crisis.
“ I heard a joke in the United States. An American and a Japanese were walking in the rainforest, and suddenly a hungry lion rushed over. Seeing this, the Japanese immediately squatted down and started to change his running shoes.
"Do you think you can outrun a lion that is eager for a full meal? What a stupid guy!" The American sneered.
The Japanese replied: "I don't need to run faster than a lion, I just need to run faster than you." ——Akio Morita
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The omen of the world financial crisis depends on Japan. If the yen appreciates, it means that the world's safe-haven funds will return to Japan. Japan is the country with the largest overseas assets in the world and the largest creditor of the United States. Its financial policies will trigger a global financial crisis.
“ I heard a joke in the United States. An American and a Japanese were walking in the rainforest, and suddenly a hungry lion rushed over. Seeing this, the Japanese immediately squatted down and started to change his running shoes.
"Do you think you can outrun a lion that is eager for a full meal? What a stupid guy!" The American sneered.
The Japanese replied: "I don't need to run faster than a lion, I just need to run faster than you." ——Akio Morita
Anyone who doubts that Bitcoin was created by the CIA should look at the correspondence between Martti Malmi and Bitcoin creator Satoshi Nakamoto.
https://mmalmi.github.io/satoshi/
Ironically, Zuckerberg, CEO of Meta, one of the world's largest closed-source companies, is blasting Apple's closed-source approach. The first-mover advantage of innovative companies in the AI era grows faster than previous product innovations. And it grows exponentially. They just want to restrict and weaken the development of openAI through hypocritical slogans.
Now these tech giants are advocating open source, but no company will open source their mature products that monopolize the market. Actions speak louder than words.
Where did the money go?
U.S. National Debt Surpasses $35 Trillion
The gross national debt is currently $35 trillion. This equates to:
$104,497 per person
$266,275 per household
$483,889 per child
The UK has officially announced that it has gone bankrupt, citing an unsustainable level of national debt. The country's current debt stands at 2.69 trillion pounds, which is 98.3% of its GDP. This level of debt has far surpassed the maximum threshold the nation can bear, leading to an unavoidable declaration of bankruptcy. The British government has acknowledged that its finances are no longer sustainable.
https://budget.house.gov/press-release/us-national-debt-surpasses-35-trillion
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