ISYS1021 Lecture Notes - Lecture 5: Cash Register, Bitcoin, Spotify
5 Apr 2016
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Creating the killer app: external and internal conversations. Willing to leave company big red flag: creosote bush do not want to be attacked by managers of other areas of company. Can kill all the projects by other managers. Intel and arm: using arm logic in computers because it will not generate as much energy. Fast enough and saving money on energy. Streaming: apple didn"t see what was happening with streaming. Royalties on streaming were originally very low increasing: spotify created in sweden. Apple didn"t pay attention to international market, only american. Bit coin: us gov. says its property. Seized it because of drug deals so auctions it off: have keys transfer keys to get money. Send money back home before was through western. A lot of money went to western union when they sent wages over big chunk. No overheads: no incentive to use bitcoin, some security issues, currently 7 transactions a second. The flywheel: the three pillars driving growth:
