During the second half of the 1990s, Cisco Systems experienced explosive growth driven by the internet boom and the increasing demand for network infrastructure. Cisco specialized in the manufacture of routers and switches, essential for the functioning of the internet. Its competitive advantage lay in offering technologically superior products with greater data handling capacity and reliability. Cisco's Internetwork Operating System (IOS) software was highly configurable and supported multiple network protocols, giving them a significant advantage over their competitors.

In March 2000, just before the burst of the dot-com bubble, Cisco reached a market capitalization of over $500 billion, becoming the most valuable company in the world. However, when the bubble burst, its stock value plummeted by more than 80%. Currently, Cisco has a market capitalization of approximately $190 billion, representing a significant decrease from its historic highs in 2000.

Today, NVIDIA is experiencing a similar boom, driven by the explosive growth of artificial intelligence (AI). NVIDIA's GPUs are essential for training and executing AI models due to their parallel processing capabilities, ideal for handling large amounts of data and complex operations. This has pushed NVIDIA's market capitalization to over $3.3 trillion, surpassing Microsoft and making it the most valuable company in the world.

The history of Cisco offers important lessons for NVIDIA. Although currently well-positioned with its focus on AI, NVIDIA must learn from Cisco's experience and continuously strengthen its product offerings. Artificial intelligence is a rapidly developing field, and although NVIDIA is at the forefront, it must remain vigilant and adaptable to market changes to maintain its leadership in the dynamic tech sector. A company's ability to innovate, adapt, and diversify its operations not only determines its short-term success but also its long-term resilience and sustainability. NVIDIA has the opportunity to lead the next era of technology, but it must do so with a strategy that balances innovation with preparedness for future challenges.

bafybeidljboie7e4asfkxswyljresxszoodrffbafcqxqazkbbdube4vja

Lessons from the Past: What NVIDIA Can Learn from Cisco Systems' Exponential Growth in the 90s

On June 27, we commemorated 57 years since the installation of the first Automated Teller Machine (ATM), which took place at a Barclays Bank branch in Enfield, London. This invention by John Shepherd-Barron revolutionized the banking industry by allowing customers to withdraw cash outside of banking hours.

The idea originated in 1965 when Shepherd-Barron arrived at his bank late and was unable to withdraw money. Inspired by chocolate vending machines, he proposed a machine that dispensed cash. Barclays Bank approved the project, and the first ATM, installed in 1967, used checks impregnated with carbon-14. Customers would insert these checks into the machine, which detected the radioactive material and prompted the entry of a four-digit PIN to validate the transaction. Once validated, the ATM dispensed up to £10.

Since then, ATMs have evolved considerably, transitioning from using checks impregnated with carbon-14 to plastic cards with magnetic strips and chips, allowing for larger withdrawals and offering a variety of additional services such as deposits, transfers, and bill payments. However, with the rise of digital banking and mobile payments, ATMs are becoming less relevant. Despite this trend, we should not overlook the monumental impact they had at the time, transforming the way we interact with banking services.

It is inspiring to reflect on how a simple personal setback can trigger an innovation that transforms our way of life. The story of the ATM is a testament to the impact that ideas born out of necessity and everyday frustration can have on transforming entire industries. This story reminds us that everyday challenges can spark innovative solutions and significant changes.


bafybeiag6ac7gdyax4ozgau5l5dtlsgtuehv33zwokdrcahchesuecq5wy

ATM Revolution: Celebrating 57 Years

Today marks the 17th anniversary of the launch of the first iPhone, a milestone that transcended technology to define the future of mobile communication. This device completely redefined our expectations of what a phone could do. While some previous devices integrated, in addition to the basic functions of any phone of the time, a music player and web browser into a single device, the iPhone stood out for its unique combination of these functions with a highly intuitive user interface and a touch screen that responded precisely and naturally to touch. This innovation, along with its sleek and compact design, eliminated the need to carry multiple separate devices and laid the foundation for the modern era of smartphones.

The arrival of the iPhone also revealed a harsh reality for the tech giants that dominated the market at the time. Many industry leaders underestimated the potential impact of the iPhone, focusing on phones with physical keyboards and underestimating Apple’s ability to reinvent the market. This skepticism was reflected in statements like those of Steve Ballmer, the CEO of Microsoft at the time, who criticized the high price of the iPhone and the lack of a physical keyboard, failing to recognize the paradigm shift represented by the touch interface and user experience it offered. Apple's ability to anticipate and meet the emerging needs of the market with the iPhone not only redefined competition in the smartphone sector but also illustrated how disruptive innovation can arise from unexpected sources, challenging established conventions and rapidly changing the competitive landscape.

These situations underscore an important fact: even successful and experienced individuals in the tech world may not always foresee or fully understand the future directions of technological advances. The history of the iPhone reminds us that strategic vision and adaptability are essential to staying at the forefront and leading change in any industry.


bafybeifsc2qfmfpggftz5bsfyverbwdfs5oomrsnd2cahftfkyekoy635i

17 Years of the iPhone: The Revolution that Redefined the Mobile Market

When we admire great champions, it's easy to overlook the stumbles and falls they faced from their early years on their path to success. Simone Biles, one of the most decorated gymnasts in history, has faced challenges since she was a child, but she never gave up. From her first training sessions, she experienced falls and failures, but she always got up with more determination. At the Tokyo 2021 Olympics, she faced one of the most challenging moments of her career, withdrawing from several competitions due to mental health issues and a condition known as the "twisties," which affected her ability to orient herself in the air. However, it is in these moments of adversity that true champions are forged.

Greatness is not measured by the number of medals won but by the ability to rise after every fall. Since she was a child, Simone has demonstrated an inner strength that has allowed her to overcome every obstacle. Never give up. Every failure is an opportunity to grow, become stronger, and take one step closer to your dreams.

The end only comes when you decide it does. Keep moving forward.

Simone Biles teaches us that true victory lies in the courage to try again and again. It doesn't matter how many times you fall from childhood to adulthood; what truly matters is how many times you get back up.

https://www.youtube.com/shorts/H_coDsCtIcA


bafybeigh3qp3ij7diemm5qb67zqo6fom2d756dndldxzky5nq33lsl6dvy

Falling and Rising: Simone Biles' Path to Greatness

In 2000, Amazon experienced a challenging period when its stock price fell from $3.81 to $0.78. In response, Jeff Bezos sent a letter to shareholders, emphasizing the importance of maintaining a long-term vision and not being swayed by market fluctuations.

The key to overcoming these moments is to focus on creating lasting value and making strategic decisions that benefit the company in the long run. As the renowned investor Benjamin Graham said, "In the short run, the market is a voting machine, but in the long run, it is a weighing machine."

It is crucial to remember that investments do not always follow a consistently upward trajectory and that temporary declines are part of the process. Staying calm and trusting in the research and fundamentals that guide our decisions is essential. It is not about reacting to market noise, but about maintaining a focus on long-term value creation. By staying focused and disciplined, we can navigate market volatility and build a solid path toward a successful financial future.

bafybeic6db6ypjzklpiru2ec7tks7djlg6dqg2s3l3psjq66w3pq5h7sau

The Importance of Long-Term Vision in Times of Market Downturn

Facebook has blocked access to posts with the viral hashtag #XX amid a heated debate over gender eligibility in women’s boxing at the Paris Olympic Games. This hashtag, which refers to chromosomes typically associated with the female sex, gained notoriety after a symbolic gesture by Olympic boxers Svetlana Staneva of Bulgaria and Esra Yildiz of Turkey. Both athletes formed an "X" with their fingers after losing their matches against Lin Yu-Ting of Taiwan, in protest against the inclusion of boxers with XY chromosomes.

The controversy originated when the International Boxing Association (IBA) disqualified two athletes due to the presence of XY chromosomes in their genetic tests, arguing that they did not meet traditional criteria for the female gender, which would give them an unfair advantage over their opponents with XX chromosomes. However, the International Olympic Committee (IOC) took a different approach, not considering chromosomal tests as a criterion for eligibility for athletes in the Olympic Games. This allowed Imane Khelif of Algeria, who possesses XY chromosomes, to compete and win the gold medal in the welterweight final, sparking intense debate about fairness and inclusion in sports.

Facebook’s decision to block the hashtag #XX is a troubling example of how censorship policies on social media can silence legitimate discussions on issues of significant social relevance. Facebook is limiting freedom of expression and the ability of users to engage in crucial debates about fairness and justice in sports.

The conflict between the International Boxing Association and the International Olympic Committee highlights the complexity of the debate over gender eligibility in sports. While the IBA has opted for an approach based on strict biological criteria, the IOC has taken a more inclusive stance, allowing athletes to participate regardless of their chromosomal characteristics. This debate is essential for the evolution and fairness of sports, and it is crucial that all voices are heard.

Defending freedom of expression, even on controversial or sensitive topics, is vital for the progress of society. Only through open and unrestricted dialogue can we achieve a deeper understanding and move towards a more inclusive and just environment.

bafybeiegpqaeemjkjkdq65ay6ixwlzskebftpmhc2whgozwkymzfxvpb2y

Facebook Blocks #XX Hashtag Amid Gender Debate

The recent detention of Pavel Durov, founder and owner of Telegram, by the French State sets a dangerous and alarming precedent in the fight for freedom of expression in Europe. This act not only represents a direct attack on an individual who has firmly defended the principles of privacy and free communication in the digital age, but it is, in reality, a deeper and more widespread threat to the fundamental rights of all European citizens.

Freedom of expression is one of the fundamental pillars of any rule of law. Without it, true democracy cannot exist, as this freedom allows citizens to denounce abuses of power, organize against tyrants, and hold those in power accountable. It is not surprising that those who aspire to become tyrants or perpetuate their power see freedom of expression as an obstacle that must be overcome at all costs. History shows us that, over the centuries, authoritarian regimes have always sought to control the information that circulates among citizens, because whoever controls information controls society.

In the digital age, this control has become more complicated for political oligarchies. New technologies, social networks, and instant messaging applications have enabled citizens to communicate freely, without the need to pass through state filters. This has greatly discomforted political elites, who see their ability to manipulate information diminished. As a result, in recent years, we have witnessed a constant and increasingly aggressive offensive by Western governments to restrict freedom on these new platforms.

A few days ago, we saw how European Commissioner Thierry Breton threatened Elon Musk with sanctions if censorship aligned with the desires of the European bureaucracy was not implemented on his social network X. Now, this assault on freedom of expression has reached a new level with the detention of Pavel Durov, accused by the French State of collaborating with terrorism and money laundering. The reality, however, is that these accusations are a pretext to force Durov to apply much stricter control over the content on Telegram, something he has firmly rejected.

What the French State and, more broadly, the European Union are seeking with Durov's detention is not, in reality, to combat terrorism or organized crime. These are merely excuses to justify repression. What they really desire is to blackmail Durov, forcing him to impose an ideological control aligned with their political interests. If Durov does not comply with these demands, he faces imprisonment. This situation is no different from what he experienced in Russia, where he was pressured by Vladimir Putin's government to shut down opposition groups on his social network VKontakte. Durov, who refused to bow to Russian authoritarianism, was forced into exile. Now, in an ironic and tragic twist, he faces a similar fate in the West, which presents itself as a bastion of freedom but, in practice, is adopting similar repressive tactics.

This mafia-like blackmail, disguised as legal action in a false state of law, is a direct attack not only on Durov's freedom but on the freedom of all of us. If we allow this type of action to become normalized, we will be opening the door to a future where freedom of expression is a limited privilege, controlled by political elites. The owners of digital platforms who, like Durov, resist following the orders of these regimes will be imprisoned, and only those who are willing to become enforcers of state censorship will escape reprisal.

This is why this is a crucial moment in the defense of our rights. We cannot remain indifferent to this brutal offensive against freedom of expression. We must demand, as citizens aware of our rights, the immediate release of Pavel Durov and the cessation of any attempt at coercion by European governments. If we do not, we will be allowing the fundamental principles on which our society is built to be eroded until they disappear entirely. Durov's detention is a clear warning of what is to come if we do not stand up in defense of our liberties. Now is the time to act, to raise our voices, and to make it clear that we will not accept a future where freedom of expression is stifled by those who fear the truth and the power of the people.

bafybeidv2244d5wts4nefyaxmrowxtniqayctyoqkw56xhoq25ebii2auu

The Arrest of Pavel Durov, Creator of Telegram: A Direct Attack on Our Freedom of Expression

Mark Zuckerberg's recent revelation about the pressure from the Joe Biden administration to have Facebook censor COVID-19 related content exposes a deeply disturbing truth: major digital platforms, which in theory should be bastions of free expression, are becoming tools serving state interests. When a government can impose its official narrative and suppress any form of dissent through social media, we face a direct and serious threat to free speech.

Facebook, like other centralized platforms, has proven vulnerable to government influence and control. This reality not only undermines trust in these tech giants but also highlights a broader systemic issue: the inherent fragility of platforms operating under centralized models. Instead of being open spaces for the free exchange of ideas, these platforms risk becoming extensions of the state apparatus, where the content we consume and share can be manipulated to serve the interests of power.

In a world where centralized platforms are increasingly subjected to government pressures, Subsocial emerges as a crucial alternative for those who value free expression. It is not merely about switching to a new platform but about adopting an entirely new paradigm, where power truly resides with the users, not a centralized authority. Embracing decentralized technologies is essential to protect our digital freedoms and ensure that our voices are not silenced by state power. State censorship is a threat we cannot ignore, and projects like Subsocial are vital in the fight for a future where information flows freely and without restrictions.

Therefore, I firmly believe that if we join forces, we can channel our energies to evolve this project and transform the world. State censorship is a real danger we must not underestimate, and it is crucial to find ways to ensure that information circulates freely and without constraints. Now is the time to act and build, with determination and hope, a digital space where free expression is truly unbreakable.

bafybeidrq2ag24lcaypvik5dcjqbc6ucxaj5g4y6ekhrivnrn3gdto6zm4

Zuckerberg Warns About State Censorship: The Critical Need for Decentralized Alternatives

Alexandre de Moraes, a judge of the Supreme Federal Court of Brazil, has made an unprecedented decision by ordering the complete shutdown of the social network X across the entire country. This forces all internet providers in Brazil to block access to the platform immediately.

But the measures don't stop there: Google and Apple have been instructed to remove the X app from their virtual stores in Brazil, and any citizen attempting to access the social network via VPN will face severe daily fines.

Since 2023, Alexandre de Moraes has repeatedly demanded that X suspend accounts that he claims are linked to the far-right or spread misinformation. However, Elon Musk has refused to comply with these demands, escalating the situation into a direct conflict with the Brazilian state.

To evade the growing sanctions imposed by Moraes, which included daily fines and potential legal actions against X's representatives in Brazil, Musk chose to close all X offices in the country and withdraw its assets. This left the state without mechanisms to enforce the sanctions. Unable to pressure the company through other means, Moraes resorted to an extreme measure: blocking access to X for all Brazilians.

This decision represents a direct attack on freedom of expression in Brazil, affecting not just the company or Musk, but millions of Brazilian citizens whose right to express themselves and access information freely has been severely restricted.

We are witnessing an act of state censorship reminiscent of the worst episodes of repression in recent history. Freedom of expression is under threat, and the shutdown of X in Brazil is an alarming example of how political elites are attempting to silence dissenting voices.

bafybeiahzstu4kzp6hx5jpxnky4b6rmuvg5465uq4jqte5axjn7kyszcpe

SEVERE ATTACK ON FREEDOM OF EXPRESSION IN BRAZIL

Today, September 4, we commemorate the anniversary of Instagram's acquisition for $1 billion in 2012. What at the time seemed like a risky and disproportionate investment has turned into one of the most strategic and profitable decisions in the history of technology and social media. Back then, Instagram had approximately 30 million users and no established revenue model, which made the $1 billion valuation seem questionable to many.

However, over time, this purchase has proven to be one of the most visionary moves in the digital realm. The acquisition allowed Facebook (now Meta) not only to expand its influence in the social media market but also to strategically position itself in the growth of mobile advertising and digital marketing. Instagram has evolved from a simple photo-sharing app to a comprehensive platform with multiple functionalities, transforming the way people and brands interact.

The purchase has delivered exceptional returns, with Instagram's valuation increasing exponentially. The platform now generates advertising revenue exceeding $40 billion annually and has been crucial in the growth of influencer marketing and social commerce. This investment, which initially seemed risky, has established Instagram as one of the most powerful and lucrative platforms in today's digital landscape.

bafybeihxzjqviit4q3cplgy6sp4ok2oj44qorbxjawi7zcivw324xasacy

The Anniversary of a Masterstroke: 12 Years Since Facebook Acquired Instagram

The People's Bank of China has implemented one of the largest monetary and financial stimulus packages in its history, aimed at reviving an economy that has slowed since 2019. The real estate crisis, combined with a weakened stock market, has led Chinese authorities to adopt extraordinary measures to prevent a further downturn.

Key actions include a reduction in interest rates to 1.5%, the lowest level ever recorded, aimed at making credit more accessible to families and businesses. Additionally, the reserve requirement ratio for banks has been lowered from 10% to 9.5%, freeing up liquidity to enable more loans, with an estimated injection of around $140 billion into the financial system. Furthermore, incentives to buy stocks and real estate have been introduced, making it easier for financial companies to access liquidity for purchasing shares and for families to obtain mortgages under more flexible terms.

The People's Bank of China is also considering creating a stock market stabilization fund to support stock prices, suggesting that it aims to halt market declines and encourage a potential rebound in the Chinese stock market. This raises a key question for investors: Is now a good time to invest in Chinese stocks?

## **Is It the Right Time to Invest?**

The current financial stimulus measures have the potential to trigger a short-term rebound in Chinese markets. Incentives to buy stocks, coupled with possible government intervention to stabilize the market, could create investment opportunities in the short term, particularly in sectors benefiting directly from credit injections and stimulus policies.

However, it's crucial to consider the associated risks. The Chinese economy faces significant structural challenges, such as a heavy reliance on the real estate market and increasing levels of both public and private debt. While current measures aim to maintain demand and prevent a deeper crisis, they may not be sustainable in the long term. If these underlying issues aren't properly addressed, China's economy could continue to face significant hurdles.

Another factor to consider is regulatory risk. The Chinese government has a history of intervening in financial markets, which creates uncertainty for foreign investors. Economic policies and regulatory decisions could shift abruptly, impacting investment landscapes without warning.

Lastly, there is the issue of global volatility. China's economic slowdown, coupled with international trade and political tensions, could influence global markets, causing fluctuations that may affect investors exposed to China.

We would be cautious about buying Chinese stocks and getting carried away by the bullish rally that could occur in the coming days due to the stimulus. While these measures may drive short-term price increases, the underlying structural risks in the Chinese economy, such as high debt levels and dependence on the real estate sector, remain. Additionally, the constant government intervention and regulatory uncertainty add significant risk. Therefore, it’s essential to keep the long-term picture in mind before making investment decisions.

**And you, what do you think? Is it a good time to invest in Chinese companies?**

bafybeih7p75kp3rqbe7xz5y5sqfwolnrxxoh6zrv7gonqku56y6zo36ujy

China Launches a Historic Stimulus Package: Is Now the Right Time to Invest in Chinese Stocks?

It’s fascinating to think that some of the world’s most powerful and revolutionary companies started in spaces as modest as a garage. Apple, Google, Amazon, and Microsoft, now technological giants, took their first steps in humble places where their founders worked with limited resources but disruptive ideas. From those simple beginnings, they built empires that changed the world.

These stories remind us that it’s not the starting point that defines the success of an idea, but the vision, passion, and relentless effort to make it a reality. The empires of today were the small ideas of yesterday, pursued with perseverance until they became realities that impact millions of people.

If you dare to pursue your ideas with determination, and don’t give up in the face of the inevitable obstacles, what today is just a dream or a small initiative can evolve into a transformative force that impacts not only your life but the lives of thousands or even millions of people around the world.

bafybeic3kiy7qisgs6qh33jyeu5xfygva4sjvs4h74s52ds3hdzwj264hu

From a Garage to an Empire

In mid-2011, Max Keiser made history by becoming the first presenter to talk about Bitcoin on television during his show "The Keiser Report" on RT (Russia Today). At that time, Bitcoin was a cryptocurrency practically unknown outside the technology realm, but thanks to Keiser, the concept of a decentralized digital currency began to resonate with a global audience, marking the start of a financial revolution.

Keiser was no ordinary commentator. With a solid background as a Wall Street trader, he had a deep understanding of the flaws and abuses of the traditional financial system. This experience led him to become a fervent critic of central banks and the control they exert over the global economy. On "The Keiser Report," Keiser used his platform not only to inform but also to expose financial corruption and advocate for systemic change.

Upon discovering Bitcoin, Keiser recognized in this cryptocurrency extraordinary potential to challenge and transform the traditional monetary system, offering an alternative to the reliance on fiat money controlled by governments and large banks. In his program, he clearly explained what Bitcoin was and highlighted its revolutionary capacity to empower individuals in managing their finances.

Over the years, Max Keiser has continued to play a role as a passionate advocate for Bitcoin, observing how his initial vision has come to fruition and how the cryptocurrency has evolved from a technological curiosity to an asset embraced worldwide.

The appearance of Bitcoin on television, thanks to Max Keiser, was not only a historic moment for the cryptocurrency but also a turning point in public perception regarding the future of money. What started as an idea in the technology sphere became a global topic of discussion, and Keiser was the catalyst who ignited this conversation.

https://www.youtube.com/watch?v=QiX38ua9AQ8

bafybeibphc5ekikeqb4bui5tvi7ixo4ska2p4q4j6ibatp37bxhefq3jp4

Max Keiser, the pioneer who introduced Bitcoin to the world on his television program

Today we celebrate the 30th anniversary of the launch of Netscape Navigator, the first commercial web browser, which debuted on October 13, 1994. This revolutionary software not only transformed how we access and explore the web but also marked the beginning of what we now know as the modern Internet era.

Netscape was a pioneer in making Internet browsing accessible to the general public. Before its arrival, web usage was primarily restricted to academic and government institutions. With its intuitive interface and its efficient HTML interpretation, Netscape allowed millions of everyday users to discover the vast universe of online information.

However, Netscape’s significance goes far beyond its initial popularity. It was a catalyst for the development of web standards that paved the way for a more open and efficient Internet, contributing to the web’s evolution into the global platform we know today.

Netscape didn’t just open a door to the digital world; it ignited a spark that fueled a technological revolution. Its legacy lives on in every click and every corner of the web. Netscape showed us that the true power of technology lies in its ability to innovate and in its unlimited potential to change the world.

bafybeihwb67pqwxbsafp7bqmo76wgl52dznbjmnh6klpew236fvftg3uk4

30th Anniversary of Netscape: The Browser that Changed the History of the Internet

When comparing McDonald's prices in 1972 to those of today, we see an alarming transformation: money has lost a significant portion of its value in just half a century. This phenomenon, far from being a simple consequence of inflation, is the result of a financial system that allows money to be created out of thin air, diluting the purchasing power of every bill in circulation.

The key to this reality lies in how the global financial system operates under the fiat money model (i.e., money with no tangible backing, like gold or any other asset). This system allows central and commercial banks to create money through a process known as fractional reserve banking. Instead of being based on tangible wealth, money is created as debt. When banks issue a loan, they don’t rely solely on their current deposits; they only need a fraction of that money in their reserves, and the rest is “generated” upon approving credit. This means that every time someone takes out a loan, the money supply increases without a corresponding increase in real wealth.

Therefore, by creating money without a real equivalent in wealth, all that is achieved is a greater amount of money in circulation, which pressures prices upward. Goods and services become more expensive, not because they are inherently more valuable, but because each unit of currency represents a smaller fraction of real wealth. The direct result is that, over time, money’s purchasing power falls, along with people’s ability to maintain their quality of life.

The situation worsens when central banks intervene to “stimulate” the economy through monetary easing policies, like lowering interest rates and quantitative easing (QE). These policies mean that the central bank injects large sums of money into the financial system, buying up assets and increasing the money supply. Instead of producing new wealth, this simply dilutes the value of currency in circulation, reducing the purchasing power of savings and pushing people to invest in assets to protect themselves from inflation, often in areas that require large amounts of money, such as real estate or stocks.

For those dependent on fiat money, this process is a trap: every time the money supply expands, the currency is devalued. Inflation erodes savings, and money loses its role as a reliable “store” of value, driving people to look for alternatives.

This is where Bitcoin emerges as an alternative. Unlike fiat money, Bitcoin has a limited and predefined supply of 21 million units, something hardcoded into its code. This characteristic gives it an intrinsic resistance to inflationary devaluation, meaning that rather than depreciating, each Bitcoin should maintain its relative value (and, in a high-demand system, even appreciate over time).

Moreover, Bitcoin is independent of central banks and governments, freeing it from political decisions that could affect its value. Its technology, based on blockchain, allows each transaction to be recorded on a public, accessible, and transparent ledger, eliminating the need for intermediaries. Instead of being subject to arbitrary currency issuance, Bitcoin operates in a decentralized system, resistant to manipulation.

Ultimately, Bitcoin represents a direct challenge to the fiat money model. By questioning the relentless creation of unbacked money, Bitcoin offers a model that rewards savings, scarcity, and economic independence. While fiat money continues to lose value, cryptocurrencies like Bitcoin are positioning themselves as viable alternatives in a system that no longer inspires the same level of confidence. In a scenario where fiat money seems destined to a continuous loss of purchasing power, Bitcoin and other cryptocurrencies are emerging as options for preserving value in a world where conventional money seems fated to dilution.

This is the story of a declining purchasing power, where people are beginning to awaken to the true nature of money and seeking ways to protect their wealth beyond a system that feeds on its own artificial creation.


bafybeigfm3vdnm6ft37qpvp4qaj22w6mlvwpo473mcsqahsgz6tzlx2gqy

Inflation and Fiat Money: The Story of a Declining Purchasing Power


https://www.youtube.com/watch?v=Btc8jFf1ysk

In this interview from 1995, Steve Jobs presented an astonishing vision of the transformative potential of the Internet, which at that time was an emerging and largely unknown technology. While others primarily viewed it as a tool for accessing information, Jobs already foresaw its capacity to radically change how we interact, connect, and conduct business.

Jobs emphasized that the true future of computers would not lie in their computational power, but in their potential to become communication tools that would profoundly transform human interactions. For him, the Internet would not just be a source of information but a revolutionary platform that would enable individuals and businesses to communicate, share ideas, and offer products and services on a global scale.

With this perspective, Jobs saw computers as much more than isolated processing machines; he envisioned them as portals for connection, interaction, and collaboration. His vision predicted a radical shift toward a digital society where technology would transform personal, commercial, and social relationships.

Jobs applied this innovative vision at NeXT, where he developed platforms that facilitated interaction between users and network services, preparing his products to seamlessly integrate into the web just before its boom. This same philosophy was crucial when he returned to Apple in 1997, where he drove the design of products that anticipated the importance of connectivity. This led to the creation of the iMac, the first popular computer with a USB port that simplified Internet access at a time when connectivity was just beginning to reach the general public. The iMac was not just a work or entertainment tool; it was a gateway to a world of interactions and online possibilities.

In 2007, Jobs solidified his vision with the launch of the iPhone, which placed the Internet in the palm of every user’s hand. It was not just a mobile device; it was a "connection hub" that provided instant access to the web and a platform for applications that would change how we communicate and manage our daily lives. This integration of the Internet into the iPhone represented for Jobs the culmination of his idea of devices that went beyond calculation, offering a seamless experience of connection and communication that was accessible anytime, anywhere.

Thanks to Jobs' vision, Apple was one of the first companies to make the Internet an essential part of its products, establishing a standard that shaped the entire tech industry. Jobs did not just see the Internet as a communication tool; he viewed it as a network that would empower every user, driving Apple to create intuitive, accessible, and connected devices. This vision not only transformed Apple but also expanded the impact of technology in the world, forever changing the way we live, work, and connect.

bafybeihbq76t2pnvbrqvvwsij2hoidxjxlo4vxfo7iseukhbsshzpmo2oq

Steve Jobs Visualized the Future of the Internet and Its Global Impact in 1995

On November 13, 1990, Tim Berners-Lee, a visionary physicist, launched the first website from a lab at CERN, marking the beginning of a digital era that would profoundly change our lives. That first site, designed to facilitate scientific communication, became the seed of a global network that would revolutionize how we inform, connect, and work. What started as a simple network of linked documents has evolved into a vast ecosystem that supports the structure of modern society.

At the time, it was almost impossible to foresee the magnitude of what this invention would bring. Since that day, the web has been the engine of an unprecedented transformation: it has become the invisible fabric that connects our lives, giving each of us a voice, a space, and the ability to communicate instantly. Information that once took days or weeks to travel now crosses the globe in seconds. From breaking news to education, the web has democratized knowledge and broken down barriers, making learning accessible to anyone, anywhere.

Today, thanks to the web, we live in an interconnected world that has transformed our cities, our jobs, and our understanding of reality. Every corner of society has been impacted, and innovation seems limitless.

However, beyond the technological achievements, the web reminds us of the immense potential of global cooperation and the importance of sharing ideas for the common good. From that first page in a lab to the vast network we know today, this evolution reflects human creativity and our ability to come together for a greater purpose. Yet, this progress also presents a shared responsibility: to care for this space, protect it, and collaborate to ensure it remains a place of knowledge, innovation, and connection that is accessible to all.

This anniversary invites us not only to celebrate what has been achieved but also to commit to the future. The history of the internet is the story of a connected and constantly evolving humanity, and we are the ones responsible for preserving and enriching this legacy for the generations to come.


bafybeiae6eruofr5ij7odbh7a4fxyvwrikxn5stdbcnbhmdwhjtigk6zcm

The Web Turns 34: From an Idea to a Global Interconnected Network

**Foundation and Initial Rise (1989-2000)**

Founded in 1989 by Michael Saylor and Sanju Bansal, both MIT alumni, MicroStrategy was created with the goal of developing software solutions for data analysis and business intelligence. Throughout the 1990s, as companies began digitalizing, the company experienced significant growth, establishing itself as a key player in the industry. In 1998, MicroStrategy went public with an initial public offering (IPO), which attracted numerous investors. The peak of this rise occurred in March 2000 when its stock soared to a historic high of $313, driven by the dotcom bubble.

However, this success was short-lived. At the end of 2000, an accounting scandal hit the company when it was revealed that it had made significant errors in reporting its revenues, particularly in how it recognized revenue from software contracts. These errors were severe enough to require the company to revise its financial statements from the previous two years. As a result, trust among investors was lost, triggering a dramatic fall in the stock price, which plummeted by more than 99% within a few months. The scandal not only severely impacted the company's finances but also deeply damaged its reputation, demonstrating how accounting mistakes can undermine public trust in a publicly traded company.

**The Dotcom Bubble Crisis and Reconstruction (2000-2020)**

The collapse of the dotcom bubble left MicroStrategy in a vulnerable position, forcing the company to restructure its operations and reconsider its business model. For almost two decades, the company struggled to recover its market position, dealing with the effects of the crisis, loss of trust, and the volatility of the tech sector. Despite the challenges, MicroStrategy remained relevant in the business intelligence field, though with a much more modest valuation compared to its glory years.

**The Bet on Bitcoin: An Unexpected Turn (2020-Present)**

In 2020, under the leadership of Michael Saylor, MicroStrategy made a radical shift and adopted an aggressive Bitcoin acquisition strategy, surprising many in the traditional business world. Through various purchases, the company accumulated over 331,000 BTC, valued at approximately $32.3 billion in 2024. This decision sparked controversy, as although MicroStrategy defends its strategy as a solid long-term investment, many have questioned the sustainability of its business model, given that the company is now heavily dependent on the appreciation of cryptocurrency.

By 2024, MicroStrategy's market capitalization exceeded $85 billion, a value significantly higher than its Bitcoin holdings. This led some analysts to question whether the company is overvalued, as the premium at which its stock trades seems to reflect more speculation on the cryptocurrency than the actual value of the company.

The inherent risk of MicroStrategy's strategy is evident. With Bitcoin being a highly volatile investment, the company is exposed to price fluctuations that could affect its financial stability. If the cryptocurrency's price drastically decreases, MicroStrategy may be forced to sell part of its holdings, which would negatively impact its market capitalization.

MicroStrategy's strategy echoes the dotcom bubble of the 2000s, when tech companies were driven more by speculative expectations than by solid fundamentals. The "FOMO" (fear of missing out) played a crucial role in investors' decisions, who paid a premium for assets that were not always backed by sustained growth. Just as then, investor behavior may be inflated by excitement over a new technology—in this case, Bitcoin.

**Vision or Recklessness?**

MicroStrategy's bet on Bitcoin is undoubtedly an act of business audacity, but it also represents a significant risk. If the cryptocurrency's price continues to rise, the company could benefit enormously from its strategy. However, if the cryptocurrency market suffers a downturn, the consequences for MicroStrategy could be severe. This case serves as a reminder of the dangers of investing in speculative trends and how short-term success doesn't guarantee long-term stability.

The future of MicroStrategy will depend on the evolution of the cryptocurrency market and the company's ability to manage the risks associated with its Bitcoin exposure. The lessons of the past, particularly those derived from the dotcom bubble, underscore the importance of a cautious and well-grounded approach when navigating volatile markets.




bafybeidnbhjh3pzt7hqwfugrqdbcnteplj7whqugioixyqae3qjmvuc7ya

MicroStrategy: A Visionary Move or a Repeat of the Dotcom Bubble?

In 1999, Jeff Bezos worked in a small office with a makeshift desk made from a recycled door and a hand-painted sign that read "Amazon.com." There were no luxuries, unlimited resources, or guarantees of success. There was only a powerful idea, a clear vision, and an unwavering work ethic.

Today, Amazon is one of the largest companies in the world, revolutionizing industries and transforming how we shop, read, and even watch movies. Yet, it’s easy to forget that it all started in a cramped space filled with cables, papers, and an outdated computer.
No matter how modest or improvised your starting point is, what truly matters is your determination, adaptability, and willingness to keep creating, even when results seem far off.

Key Lessons:
• Success doesn’t happen overnight.
• Consistent effort surpasses talent without action.
• Great ideas require time, dedication, and persistence.

What seems like an impossible dream today can become your reality tomorrow. Stay focused, work passionately, and never lose faith in your ability to build communities and create impact.


bafybeiecrk6kavtwut2md4lsymjfusdq43xj43eqdabkrdoj5qfmq5vy24

Never Underestimate a Humble Beginning

https://www.youtube.com/watch?v=8ovL20iGEac

In 2013, The Simpsons made their first reference to Bitcoin, when its value was around $890 per unit. At that time, cryptocurrencies were still unknown to most people, but the show had already incorporated them into its satirical universe.

Throughout the years, The Simpsons have stood out for anticipating technological trends and cultural phenomena long before they became mainstream. The mention of Bitcoin in 2013 is yet another example of their ability to capture the pulse of the future.

What other predictions do you remember from Springfield's most famous family?


bafybeie5cidwxk5qiuhpkpazp334x2zy6pqg27ca74o62n5zzdq243ifia

The Simpsons Mentioned Bitcoin for the First Time in 2013: Its Value Was $890

bafyreifkk7egzuspp5xgzwnzguxlsspd4kpcz3jagddjyo24ghs3n343ym

THE ECONOMY

On November 13, 1990, Tim Berners-Lee, a visionary physicist, launched the first website from a lab at CERN, marking the beginning of a digital era that would profoundly change our lives. That first site, designed to facilitate scientific communication, became the seed of a global network that...

On June 27, we commemorated 57 years since the installation of the first Automated Teller Machine (ATM), which took place at a Barclays Bank branch in Enfield, London. This invention by John Shepherd-Barron revolutionized the banking industry by allowing customers to withdraw cash outside of...

Alexandre de Moraes, a judge of the Supreme Federal Court of Brazil, has made an unprecedented decision by ordering the complete shutdown of the social network X across the entire country. This forces all internet providers in Brazil to block access to the platform immediately.

But the measures...

In mid-2011, Max Keiser made history by becoming the first presenter to talk about Bitcoin on television during his show "The Keiser Report" on RT (Russia Today). At that time, Bitcoin was a cryptocurrency practically unknown outside the technology realm, but thanks to Keiser, the concept of a...

It’s fascinating to think that some of the world’s most powerful and revolutionary companies started in spaces as modest as a garage. Apple, Google, Amazon, and Microsoft, now technological giants, took their first steps in humble places where their founders worked with limited resources but...

In 2000, Amazon experienced a challenging period when its stock price fell from $3.81 to $0.78. In response, Jeff Bezos sent a letter to shareholders, emphasizing the importance of maintaining a long-term vision and not being swayed by market fluctuations.

The key to overcoming these moments is...

During the second half of the 1990s, Cisco Systems experienced explosive growth driven by the internet boom and the increasing demand for network infrastructure. Cisco specialized in the manufacture of routers and switches, essential for the functioning of the internet. Its competitive advantage...

Foundation and Initial Rise (1989-2000)

Founded in 1989 by Michael Saylor and Sanju Bansal, both MIT alumni, MicroStrategy was created with the goal of developing software solutions for data analysis and business intelligence. Throughout the 1990s, as companies began digitalizing, the company...

Mark Zuckerberg's recent revelation about the pressure from the Joe Biden administration to have Facebook censor COVID-19 related content exposes a deeply disturbing truth: major digital platforms, which in theory should be bastions of free expression, are becoming tools serving state interests...

The recent detention of Pavel Durov, founder and owner of Telegram, by the French State sets a dangerous and alarming precedent in the fight for freedom of expression in Europe. This act not only represents a direct attack on an individual who has firmly defended the principles of privacy and...

This World Financial Bubble must disappear

https://www.youtube.com/watch?v=8ovL20iGEac

In 2013, The Simpsons made their first reference to Bitcoin, when its value was around $890 per unit. At that time, cryptocurrencies were still unknown to most people, but the show had already incorporated them into its satirical universe.

Throughout...

In 1999, Jeff Bezos worked in a small office with a makeshift desk made from a recycled door and a hand-painted sign that read "Amazon.com." There were no luxuries, unlimited resources, or guarantees of success. There was only a powerful idea, a clear vision, and an unwavering work ethic.

Today,...

Facebook has blocked access to posts with the viral hashtag #XX amid a heated debate over gender eligibility in women’s boxing at the Paris Olympic Games. This hashtag, which refers to chromosomes typically associated with the female sex, gained notoriety after a symbolic gesture by Olympic...

Today marks the 17th anniversary of the launch of the first iPhone, a milestone that transcended technology to define the future of mobile communication. This device completely redefined our expectations of what a phone could do. While some previous devices integrated, in addition to the basic...

When comparing McDonald's prices in 1972 to those of today, we see an alarming transformation: money has lost a significant portion of its value in just half a century. This phenomenon, far from being a simple consequence of inflation, is the result of a financial system that allows money to be...

When we admire great champions, it's easy to overlook the stumbles and falls they faced from their early years on their path to success. Simone Biles, one of the most decorated gymnasts in history, has faced challenges since she was a child, but she never gave up. From her first training sessions...

The People's Bank of China has implemented one of the largest monetary and financial stimulus packages in its history, aimed at reviving an economy that has slowed since 2019. The real estate crisis, combined with a weakened stock market, has led Chinese authorities to adopt extraordinary...

https://www.youtube.com/watch?v=Btc8jFf1ysk

In this interview from 1995, Steve Jobs presented an astonishing vision of the transformative potential of the Internet, which at that time was an emerging and largely unknown technology. While others primarily viewed it as a tool for accessing...

Today we celebrate the 30th anniversary of the launch of Netscape Navigator, the first commercial web browser, which debuted on October 13, 1994. This revolutionary software not only transformed how we access and explore the web but also marked the beginning of what we now know as the modern...

Today, September 4, we commemorate the anniversary of Instagram's acquisition for $1 billion in 2012. What at the time seemed like a risky and disproportionate investment has turned into one of the most strategic and profitable decisions in the history of technology and social media. Back then...

bafybeidybdqcvtepodudz6ypz7rlufuiiifx4oddvxi2bvzwd2bxnp7u2m