MediumD

At what point is Netflix no longer considered a technology company? Streaming the amount of video that they do is definitely a monumental technical challenge, but if content is the key to their future, it seems like they are an entertainment company.

Unfortunately, this is a pretty standard fluff piece with not much information. Would love to know what Goldman actually thinks about the prospects of cryptocurrency and distributed ledgers, but"real dollars are at work here and warrant watching" is the only shred of information this article give.

You have any numbers to support that profitability claim? YouTube wasn't profitable when Google acquired them, and it wouldn't surprise me if they still were not profitable now. I'm sure they make substantial ad revenue, and it's entirely possible they are profitable. But running servers and content creators getting paid are not proof of that - Google has more than enough money to subsidize the endeavor.

Kind of interesting that this article is coming from the WP, given their acquisition by Bezos.

Note: Didn't read due to Pay Wall

This is one of the funniest comments I've read on here. This deserves more recognition

I don't see how this is a good thing? If what you are describing is true, it ends in those rich enough to buy the majority of nodes in the network, being able to control the entire blockchain. Pay-for-power doesn't seem like a good solution for governance.

Competition isn't the only reason companies struggle. They often are solving an insignificant problem that people don't need a solution for.

It's not released yet, but I've been reading the early release version of Designing Data-Intensive Applications by Martin Kleppmann (http://shop.oreilly.com/product/0636920032175.do). I've found it pretty useful and well-written thus far. He does a good job of explaining concepts and then tying them to real-world implementations and examples. It's a good balance of theory and practical knowledge.