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ANDRÉ CRAMER

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Are you aware of the insane Energy Consumption for Bitcoin Creation that is ahead of us? Soon to hit a hard wall…

Over the last months and especially culminating in the last days, it was hard to avoid the bitcoin topic. Climbing to insane heights, bitcoin has passed even the keenest expectations regarding “value” that many of us had. The price has crossed the $15k mark for the first time this week.

Although I do see a bright future for cryptocurrencies, for me the key value lies in the potential it has in enabling us to create a fundamentally new financial system. From a speculators point of view I do believe that what we currently see is mostly based on the greater fool theory (“I will buy Bitcoin because others will hype it even more”). Continue reading “Are you aware of the insane Energy Consumption for Bitcoin Creation that is ahead of us? Soon to hit a hard wall…” →

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Good read, and a lot of truth behind it: Regulating the internet giants – The world’s most valuable resource is no longer oil, but data (The Economist)

A NEW commodity spawns a lucrative, fast-growing industry, prompting antitrust regulators to step in to restrain those who control its flow. A century ago, the resource in question was oil. Now similar concerns are being raised by the giants that deal in data, the oil of the digital era. These titans—Alphabet (Google’s parent company), Amazon, Apple, Facebook and Microsoft—look unstoppable. They are the five most valuable listed firms in the world. Their profits are surging: they collectively racked up over $25bn in net profit in the first quarter of 2017. Amazon captures half of all dollars spent online in America. Google and Facebook accounted for almost all the revenue growth in digital advertising in America last year…

Source: Regulating the internet giants: The world’s most valuable resource is no longer oil, but data | The Economist

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Where accelerating technological Development will lead us in the next 15-20 years (André Cramer)

I would like to share some of my thoughts on key developments that I believe will determine our lives in the upcoming two decades. Almost all of this is fueled by ever more accelerating technological progress and there are a lot of opportunities in it. As well as significant challenges.

Looking back at the perceived principle of the industrial age, where growth occurred or seemed to occur in a linear function, today we know about Moore’s Law. We have been able to observe it for the last 50 years where over time it became clearer that we have a doubling of computing power roughly every 1,5 years.

Now how does that apply in our everyday life? Where do we actually see that technologies get more and more “disruptive”? To show that this is not about buzzwords, here are a couple of examples for “wow” type of developments: Continue reading “Where accelerating technological Development will lead us in the next 15-20 years (André Cramer)” →

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Solar was the cheapest source of electricity in 2016, and it will further undercut fossil fuels in 2017 (Michael J. Coren)

The renewable energy future will arrive when installing new solar panels is cheaper than a comparable investment in coal, natural gas or other options. If you ask the World Economic Forum (WEF), the day has arrived.

Solar and wind is now the same price or cheaper than new fossil fuel capacity in more than 30 countries, the WEF reported in December (pdf). As prices for solar and wind power continue their precipitous fall, two-thirds of all nations will reach the point known as “grid parity” within a few years, even without subsidies…

Source: Solar was the cheapest source of electricity in 2016, and it will further undercut fossil fuels in 2017 — Quartz

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