524 karma · joined January 10, 2011
This could probably be profitable for anyone if you're at a big school with a decent amount of friends.
Nobody want's to invest time into learning something called "Perl 5" when there's something already out there called "Perl 6". Yes, some research into it will reveal that they are now on two separate dev paths, but there is still some mental stigma associated with investing time in learning an "old version" of something. And learning the "newer version" quickly reveals that it is not widely used/supported yet. They are basically two separate languages and should be treated as such.
These days the arena Perl competes in is extremely competitive, and these seemingly small issues will continue to be disastrous for Perl.
It might serve the masses well, but my point is if you're the type of person who would make your own you're probably better off not doing so.
Anyone else is free to open up a competing exchange but it's such uncharted territory (mainly legally) that the risk outweighs the reward.
Bitcoins are in their infancy, remember. How they will ultimately be used, exchanged and valued has yet to be determined, and early adapters on all fronts are just going to have to deal with these things.
Edit: Just to add to this, during the last two attacks the guy that runs mtgox was in the bitcoin IRC channel working on the problem and giving people updates in real time. Both were fixed in a relatively timely manner (it's back up now). You really just can't ask for more from such a small operation.
Interesting interview overall I guess but his comments on this subject really annoyed me for some reason.
So asking what Google will do isn't really an important question.
Google has a ton of users on the business and consumer end, and a ton of public trust despite all this recent rambling. For the price they were going to pay for Groupon they can make this work. They will be able to attract offers that can appeal to a wider audience do to their sheer volume of their current business clients who are already earning solid ROIs advertising from Google and could easily be enticed to give this new Offers thing a try.
While we have yet to see the effects of ChromeOS, its release will no doubt be massively disruptive, and the ability to recognize the different functionality both operating systems serve and launch both consecutively despite the fact that it looks like a very odd play to the naive masses, takes balls and isn't something I would say ANY other company even a twentieth the size of Google would attempt, and I predict this will pay off in the end.
I also disagree that Wave, TV and Buzz lacked discipline and oversight. Not everything a company can do is going to be a revolutionary success. A lot of times markets just need to be probed or explored, and if there's a hit great but if not there's no huge loss of resources and returns will still be made in some form or another (eg. wave code being reused in Docs or buzz maybe showing up as part of another social product in the future). For Google TV in particular, it really hasn't been outperformed significantly by competitors, and really the world just isn't ready for that type of media. But when it is Google will be there.
I mean, I don't know Shcmidt's exact role in all these products but sometimes I think people are too quick to dismiss the Google products that don't live up to the expectations of Gmail, Maps, etc, when really they are minuscule investments by the company among many others, and even if one in ten is the next Gmail then that's a damn solid business model.
In addition, Facebook has reached the mindshare of the masses in a way that no other internet company has. No other internet company has EVER had my parents and aunts and uncles talking for hours about an internet company though the holidays. It brought talking about the internet in public to the masses.
Facebook will have a 12 figure valuation by this time next year, and Google will lose its current level of dominance in the online ads sector. I'll put my money where my mouth is if someone want's to propose a safe way to go about doing it...