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From Crypto-Native to Crypto-Enabled
I’m not one to make big annual predictions, but one thing that seems likely to me is that 2024 will mark the emergence of mainstream apps powered by ...

Bitcoin as Battery
One of my favorite things about crypto is that, every so often, your conception of what it is changes.Bitcoin at first was "weird internet money...

The Internet's Next Business Model: A Conversation with Cloudflare's Matthew Prince
I just released a new episode of The Slow Hunch with Matthew Prince, CEO and co-founder of Cloudflare. Since we invested in their Series C back in 2013, I've watched Matthew and his team build one of the most critical pieces of internet infrastructure—protecting and accelerating vast portions of global web traffic. Our conversation traces Matthew's journey from his early "slow hunch" that the internet was fundamentally broken and needed fixing. We start with his law school days in 2000, when ...
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It’s been pretty awesome to watch the roll out of Google Fiber.
For those who haven’t been following, Google is piloting a program to deliver gigabit internet service (symmetrical — equal speeds for uploads and download), starting with Kansas City and coming soon to Austin, TX.
This is important and interesting for several reasons: 1) the state of broadband access in the US is shameful, 2) the incumbent wired internet providers (Time Warner and Comcast) have divided up the US and essentially operate as unregulated monopolies in most markets, resulting in crappy + expensive service, and 3) gigabit service a game-changing 10-20x faster than the typical high-end cable service (which is 50-100mbit).
So it’s been entertaining to see everyone react to Google Fiber. I love Mike Masnick’s coverage yesterday of AT&T’s bullshit response to gFiber coming to Austin (“Hours After Google Announces Google Fiber In Austin, AT&T Pretends It, Too, Will Build A 1 Gigabit Network There”). See also: “Likely pressured by Google Fiber, Time Warner ups speeds, slashes rates”.
Maybe this is an argument that true competition is possible in the wired internet access space; I’m not sure. Google has successfully negotiated unusually favorable terms in each of these pilot cities so far, which may make it hard or impossible to do this on a nationwide basis.
I keep coming back to the idea that it may cost as little as $100 billion to lay fiber to every home and business in the US. $100 billion is certainly a lot of money, but it pales in comparison to the cost of other infrastructure projects. To put it in perspective, that’s about the amount of cash that Apple has on hand, and about 8x Comcast’s 2012 profits.
I am intrigued by the idea that we (we being everyone that has an interest in expanding opportunity on and by way of the internet) could just raise that $100b and build the fucking thing. Maybe it would take the form of a nonprofit utility-like company; maybe it could pile on to an effort like Google Fiber (with conditions about neutrality and perhaps wholesale resale); I’m not sure.
But the one thing I’m sure about is that the benefit of symmetrical gigabit fiber to every American is incalculable.
It’s been pretty awesome to watch the roll out of Google Fiber.
For those who haven’t been following, Google is piloting a program to deliver gigabit internet service (symmetrical — equal speeds for uploads and download), starting with Kansas City and coming soon to Austin, TX.
This is important and interesting for several reasons: 1) the state of broadband access in the US is shameful, 2) the incumbent wired internet providers (Time Warner and Comcast) have divided up the US and essentially operate as unregulated monopolies in most markets, resulting in crappy + expensive service, and 3) gigabit service a game-changing 10-20x faster than the typical high-end cable service (which is 50-100mbit).
So it’s been entertaining to see everyone react to Google Fiber. I love Mike Masnick’s coverage yesterday of AT&T’s bullshit response to gFiber coming to Austin (“Hours After Google Announces Google Fiber In Austin, AT&T Pretends It, Too, Will Build A 1 Gigabit Network There”). See also: “Likely pressured by Google Fiber, Time Warner ups speeds, slashes rates”.
Maybe this is an argument that true competition is possible in the wired internet access space; I’m not sure. Google has successfully negotiated unusually favorable terms in each of these pilot cities so far, which may make it hard or impossible to do this on a nationwide basis.
I keep coming back to the idea that it may cost as little as $100 billion to lay fiber to every home and business in the US. $100 billion is certainly a lot of money, but it pales in comparison to the cost of other infrastructure projects. To put it in perspective, that’s about the amount of cash that Apple has on hand, and about 8x Comcast’s 2012 profits.
I am intrigued by the idea that we (we being everyone that has an interest in expanding opportunity on and by way of the internet) could just raise that $100b and build the fucking thing. Maybe it would take the form of a nonprofit utility-like company; maybe it could pile on to an effort like Google Fiber (with conditions about neutrality and perhaps wholesale resale); I’m not sure.
But the one thing I’m sure about is that the benefit of symmetrical gigabit fiber to every American is incalculable.
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