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Ask powping round two! > $50 in tips for the best answers between now and Friday. Which fortune 500 company or foreign equivalent would most benefit from adopting BSV? How and why for extra considerations?
prinz tipped:
bitcoin tipped:
tonymontoshi tipped:
0.08 USD
1 week ago
Who made powping?
benjamin replied:
Unwriter
tonymontoshi tipped:
0.08 USD
1 week ago
@jack Bilderberg group is an extremely powerful consortium that invests massively, in particular via its subsidiaries such as Mastercard and other "butt clamps". https://bilderbergmeetings.org/ They have a planetary field of influence and are made up of eminent "makers". They are in all levels of companies, communities and even associations such as the Lions Club, Handicap International, Médecin sans Frontières, Danish Refugee Council, Acumen and a multitude of others with a loss of arms. The advantage of BSV could bring is clearly a strong signal from the field of "possibilities" towards the applied models, whether they are ascending, descending, parallel, or subadjacent, applicable within the constitutions established in each profession (or almost). For example: imagine being able to certify a "news" by labeled time stamping, from a B2B or B2C production through its logistic follow-up to a consumer's plate. It is already possible. Imagine with the air of fake news, I.A. DeepFake, it's only just beginning. Another concrete asset is tokenization through the creation of NFT (non-fungible) "tokens" for example for real goods such as buildings, housing, cars, popcorn machines, porcelain plates.... For what use is the nft? to certify the sincere and true right of ownership held, shared, transferred, authenticated. Even the state and political leadership could take a step up as "trustworthy" many models like BitCoin is based on trust, almost all sectors do not deviate from the rules, BitCoin is a TrustMachine that cannot be falsified, the system that nChain and BSV set up can perhaps allow to digitize the global society, without recourse to a big human management, very reduced infrastructures, with a maintenance cost completely melted, almost automated. Other examples: all kinds of contracts, court judgements and court orders can have an impact labeled "reliable", so that all these "low entropy carriers" can emerge spontaneously. Other porting, using push infrastructure, it can be completely carried on a blockchain such as BSV, why? To achieve a high level of security other than renewable ssl protocols, dns poisoned and various protocols obsolete for years but hidden under the carpet. Make no mistake BitCoin is one of the pillars of the fourth industrial revolution that is underway. Another distinct advantage is that the Blockchain is available to everyone and for everyone, the moment of truth will come towards the apogee in an era where we idolize liars such as actors (even if it's their job) with the generation of morons that is coming and who no longer make the difference between the virtual and the real, you can be sure that whoever will label a Trust event will control the data (at least its impact) and by this action will control the world. 3.0 The probable disadvantage is multiple, especially societal for example: how far will everyone's freedom finally stop, would you be ready to expose everything? What will happen to the companies that will automate their processes, will people lose their jobs? Will it be necessary to establish a universal basic global income? All on the same economic scheme? Would the rich be ready to share their wealth with everyone on an equal footing? Do you turn on the tap, you have water, pooped in drinking water, have access to food without the need to hunt, with which you can shelter, often you are not always cold and hungry, in some countries it is even legally permitted to take drugs in the name of recreation ... I'm writing to you every citizen of the world has a king's life but not everyone knows it or has forgotten it forever. Will the madness of men finally be compatible with their own truth? If you want to continue the reflection I invite you with great pleasure to consult this: https://powping.com/posts/7ba2bc68c35342f4b4fb66a9e97fab291b23bc527cfae18a3bcf01dff05430b7
mamatrohimat replied:
Bilderberg Group is secret meeting right?
bsvfan replied:
Yes, the subjects discussed there remain secret.
😷 🤝
Tesla. They want to revolutionise insurance? How about a policy that charges you instantaneously for whatever you’re doing? Parked in your garage? 0.2c/hr. Driving in traffic, $0.02/mile. Ludicrous mode take-off? $0.50. All done inside a payment channel with a staked token. Can be done on Elas.
john tipped:
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elas_digital replied:
Next step is a ride share per journey insurance. Pay for guaranteed arrival. Miss your plane because traffic? Get paid. Cost calculated based on traffic, route, luggage value etc.
@jack Owning your own data will keep getting bigger and easier with BSV. Any company that relies on data transparency such as United Health for patient records will benefit greatly from leveraging the power of BSV for as a tamper-proof and secure database. Records stored on BSV become easily accessible, efficient and immutable.
jack tipped:
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Walmart is the world's largest private employer. can be useful to retrieve employee data, training, experience, performance, and other statistical information. Ditto for the medical sector, patient records, health insurance can be very useful. I hope it helps you here: In billions (Mill.) of USD (US Dollars) 1. Johnson & Johnson or J&J (USA): 85.2 Mill. Note: J&J is not only active in the pharmaceutical field. In 2019, according to EY, J&J's turnover in the pharma sector was 37.7 mill. euro. 2. Roche (Switzerland): 64.9 Mill. In 2019, according to EY, the turnover was 45.6 million euros, which makes it the largest laboratory in the world if only the pharma sector is included. 3. Novartis (Switzerland): 49.7 Mill. In 2019, according to EY the turnover was 33.7 mill. euro. 4. Merck & Co or MSD (USA): 49.3 Mill. Note: *At the beginning of February 2020, the group announced that it was going to divest certain activities and focus mainly on its main growth drivers. In 2019, according to EY, sales were 37.2 Mill. 5. Pfizer (USA): 47.3 Mill. In 2019, according to EY, the turnover was 44.4 Mill. euros, making it the 2nd largest pharmaceutical company in the world, behind Roche. 6. Glaxo-Smithkline or GSK (UK): 46.0 Mill. In 2019, according to EY the turnover was 28.2 Mill. of euros. 7. Bristol-Myers Squibb (USA): 42.2 Mill. Note: Turnover following the merger with Celgene. In 2019, according to EY the turnover was 23.4 Mill. euro. 8. Sanofi (France): 42.0 Mill. In 2019, according to EY, the turnover was 27.7 Million Euros. 9. AbbVie (USA): 35.3 Mill. In 2019, according to EY, sales were EUR 25.7 million. 10. Astra-Zeneca (UK): 27.0 mill. Note: Merck & Co (MSD) announced on February 5, 2020 the intention to divest a large part of its pharmaceutical business and to focus primarily on its key growth drivers in the future. The Women's Health, Biosimilars and Older Medicines businesses will be transferred to a new publicly traded company, Merck & Co announced on Wednesday, February 5, 2020. MSD wants to focus even more on cancer drugs. The American group is experiencing significant success with their cancer immunotherapy, Keytruda, which is one of the world's best-selling drugs with sales of 11.1 billion dollars (USD) in 2019. General remarks : - In the United States, we also talk about Big Pharma to characterize these largest pharmaceutical laboratories in the world with a projected turnover in 2020 of 489 billion USD for the 10 largest laboratories in the world. - Only 4 countries are represented in the list of the 10 largest pharmaceutical companies in the world: USA (5 times), Switzerland (2 times), United Kingdom (2 times) and France (1 time). - In 2012 it was estimated that the pharmaceutical industry as a whole (i.e. not the top 10 companies in terms of sales) had annual sales of approximately 856 billion USD. - According to some consultants (e.g. EY) the company Takeda Pharmaceutical with 25.8 billion euros in sales in 2019 would also belong to the 10 largest pharmaceutical companies in the world, in 8th position in 2019. Astra-Zeneca would not be in the top 10 in 2019. Vaccines Vaccines sales are mainly concentrated in four companies: Glaxo-Smithkline (GSK), Pfizer, Merck & Co and Sanofi. These four pharmaceutical companies, which belong to Big Pharma, account for more than 80% of global vaccine sales, according to the Handesblatt (German business newspaper) of April 23, 2020. The Handesblatt estimates total annual vaccine sales at $35 billion per year. But the leading English magazine The Economist estimated in its June 6, 2020 edition that annual global vaccine sales were more like $60 billion. The English magazine stated in June 2020 that the Anglo-Swedish laboratory AstraZeneca was seeking to enter the field of vaccines by carrying out research on Covid-19 in particular. Thus BSV can be presented as the catalyst of data recorded on its database, secure, immutable and reducing management costs because BSV centralizes the details of the "production/source" to allow multiple readings at a lower cost (very reduced) from inclusion to extraction the data remains accessible at all times from anywhere on the planet.
jack tipped:
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cryptonews replied:
thanks :)
Netflix. Bitcoin change “pay per view” to “pay per viewing time”.
jack tipped:
think about Apple 🧐 How can this compagny benefit from Bitcoin ? 🧐
Another compagny we usually to forget is Cisco. Cisco is at the heart of internet. They lack something that they try to solve with VPN : Security; and VPN consumes a lot of bandwidth. Bitcoin shows that Cisco can secure high data transaction with just a penny. Bitcoin shows that with payment channel, we can have a better price for internet. I can predict that Bitcoin can bring Cisco in the TOP 20. ” Cisco via bitcoin peut donner a internet une cuirrace en OR. "
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BSV will not solve Paypal problems because they do not want to be a global service. They seek control. Even in their terms and services they have too many power. We put enough energy there any could put Paypal at position 501 in fortune 500 compagnies. Do you see those lies around covid-19 ? No need to say that R&D need a tool to get trustable data. BSV will clean Pharma compagnies and save many database which died each day as we speak.
jack tipped:
It's a hard question to answer because in some ways, bitcoin is representative of the classic sci-fi phrase, "prepare to jump to hyperspace." It's hard to say which business would benefit most from a transition to hyperspace. Maybe ironically, the business which would benefit most would be Berkshire Hathaway. With bitcoin, businesses become unmoored from their hub-and-spoke modalities whereby the inefficiency of centralization is written into the cost of growth. It is the Sysiphean effort of growing market share despite the inefficient business models which naturally form which I think bitcoin can mitigate by relieving the burden of accountability from the infrastructure of the organization. When the organization is no longer subsumed with the process of monitoring its own accountability, it can be re-focused onto the tasks for which it was formed in the first place. No business ever develops with the sole plan to monitor and account for its own development. The immutability and interoperability of bitcoin enables legacy businesses to re-align their purpose through the equivalent of a mid-life crisis. In my opinion, even without bitcoin being central to their business model, it's been Amazon who's been most successful at doing this. Amazon remains focused on the original purpose for its being a business at all, and in some ways, it's Amazon's need for efficiency that is forcing so many legacy businesses to either re-prioritize or to go the way of the buffalo. Also, if you need people at Unbounded Capital, I'm looking to involve myself more deeply in bitcoin. Thanks.
jack tipped:
jack tipped:
jack replied:
Always enjoy your thoughts!
manifestable tipped:
manifestable replied:
thanks. you have a unique patience which I feel is in part driven by an inherent skepticism although that may be the wrong word of your own ideas. if you think of it like cross country skiing, its neither the boot nor the ski nor the foot which can say it is the single driving force. and to those ends, its not useful for us as a boot to sneer at the ski or the foot. you strike me as someone who is able to use negative space creatively. and the universe is mostly negative space, so that is a good thing.
easy life for supply chain. try to buy a product in Amazon and send it to a poor country and you will understand WHY BSV is the solution for FEDEX DHL BANK-CHEMISTRY-SUPPLY CHAIN in big block, you will smile in no time 😎
jack tipped:
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the walmart problem is already in many Satoshi talks !!! Banks. Banks will kill money laundring and useless wars with bsv. yes all banks should be swallowed by bsv . SECOND are all those big CHEMICAL industries. (EXXON Mobil et compagnies) with bsv those compagnies can reponsabilities to repair many errors like pollution by cleary knowing where their products are. It can even detect those who use chemistry to craft fine chemicals like fentanyl and many others. OPCW is trying to fix many chemistry problems but it is very HARD without tracability.
jack tipped:
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The great thing is that all (every single one) of the fortune 500 can get the most benefit from adopting BSV. What? Why? How? Since the introduction of the Sarbanes-Oxley Act of 2002, every single US public company has been required, by law, to have an immutable database for its accounting records. The Act required that organisations maintain a write once read many (WORM) database for all accounting entries and for many other electronic activities. It is the same form of database that Bitcoin uses. All of these companies could save incredible costs by using Bitcoin for permanent record storage.
jack tipped:
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British pound tokenized on BSV because its cheaper.
jack tipped:
thacypha replied:
Ahhhh, all companies, big and small. How? By scaling to include everyone. Why? Because BSV is the future of all transactions. Fast, Secure, Inexpensive transactions, worldwide.
jack tipped:
i think banks will be among the first to adopt the technology that bitcoin is working towards. credit card fraud & identity theft costs banks and institutions a tremendous amount of money. legal fees, reimbursements and write-offs are expenses that cut directly into profits. so i think that the ability for large institutions, banks, payment processors & even data storage systems would all choose to use bitcoin as the back end for their businesses. not only for transactions as cash currency (perhaps serving as a back-end for a point of sale system for visa/mc and all global payment processors) but especially the money related things (stock and futures exchange markets). instant settlement opens new doors for trade. and because bitcoin automatically provides a low cost evidence trail, i would expect fraud & identity theft would have a new kind of deterrent. i think these factors will have such direct impact on the profit & loss for each business and their bottom line. especially the banks. without bitcoin, banks have losses from ID theft & fraud, often leading to reimbursements or other expensive litigation. with bitcoin, banks and payment processors can mitigate these types of loss. that's why i think they will be among the first.
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adonsats replied:
yeees.
This is related to liam's post: Google Ads (Alphabet) could gain something by marketing that they use immutable blockchain technology, and how that somehow provides transparency etc. They need something new if Amazon and Facebook are really taking more of the pie: https://www.emarketer.com/content/google-ad-revenues-drop-first-time
jack tipped:
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PWC, KPMG or any accounting firms. If they linked every clients transactions to the public ledger and then were able to link that data there there own system, then all accounting calculations are almost instant and real time.
jack tipped:
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Hilton, Marriott any of these companies. It hit me when I was at a hotel recently that due to COVID no one has cash on them anymore and the doormen, bellhops, valet etc are not able to be properly compensated. These companies all have loyalty programs and they could move all of their customers onto a BSV backed protocol. One function of this would be provide a 'dollar account' for the customer. This would enable small payments (tips) to be provided directly to workers that could accept the payment on their mobile and be cashed out directly to them. It would enable tipping to come back to this sector where the workers are probably suffering right now. It would provide a whole host of other advantages to the company as well and bring much more power to the loyalty program.
jack tipped:
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simplyhansen replied:
Why the double tip? Just adding to this and thinking out loud here. The conundrum is the vision and solution is to big for the problem trying to be solved. To get money into hands of service workers you need to compel a fortune 500 company to move their entire customer loyalty program to a brand new unused infrastructure. That will take time, lots of it. How to get money into these kids hands now while they are working without tips? That is the solution I want. But creating a business requires KYC, infrastructure and a lot of work and money. Really it should be a guerilla marketing campaign where you could target the top 20 lets say resorts in a chain. Physically go there and get their customer facing staff onto the program of pointing their customers to a easy to use app (using handcash connect or utilizing that infrastructure to create on). Guests (customers) can buy preloaded cards of $10-50 that they scan into the app (doable as centbee does something like this in South Africa). Digital dollars that they can then tap to phones of staff in the resort. Staff get there money and customers are happy because it is easy and no cash to touch. Keep it as simple as possible until model proves itself viable, or not, and then it could be easily rolled out across more properties and across chains. Once it gets mass you have momentum to get a chain to consider supporting the program chain wide. How does the company make money. We take a percentage of initial dollar purchase (5-10%) and a small fee on every transaction Never mention BSV. Something like that.....
Intel Corporation and my company for managing data. We need to access sensitive data while letting the owner maintain ownership of the data. Think trillions of transactions. If anyone wants to help me please DM me on twitter@kinglutron
jack tipped:
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Already tweeted the answer to this awhile back: https://twitter.com/EquityDiamonds/status/1152010072681172992?s=20
Snapchat Lens Studio. You can find Tweeters who are bragging that their augmented reality mask or face "Lenses" are garnering over 1 billion uses. There's experience, art, and tech involved in creating those Lenses, and over 200 million users are using them every day for fun and sometimes even for business. What if each use of a mask was 1 penny? Here's the math: User Math: If a user used Lenses 3 times per day per year, that's 3 cents x 365.25 days or just under $11 per year fee-- or < $1 per month to use Snapchat's coolest features. When users pay, they barely notice the expense AND they inspire better Lenses to be built, which means cooler more advanced use. Lens Studio creator math: 1 billion uses, times 1 penny = $10 million earnings. This is an obvious win for Lens Studio developers who can be 13 year olds with good imaginations and development kit skills. Snapchat math: Snapchat inspires creators to make better Lenses, which inspires users to use Snapchat even more. Snapchat wins If Evan Spiegel and Bobby Murphy got their head out of their political ass and focused on new trends in payments, they'd adopt BSV asap and not start with 1 penny use, but 0.1 penny use. Now the economics would still be great: Users: spend $1 per year on Lens use, or 8 cents a month! Creators: Top creators make $1mm Snap: again, they just win from incentivizing a better product. Snap could even take a cut, say 30%, and add to revenues which wouldn't have to rely completely on advertising. Now imagine Snap uses this same incentive system with Snap Games, Snap Maps. But Snap Lens Studio is just the most obvious homerun. If you don't know what Lens Studio means: it's the creation software which allowed someone to create that viral Lens which turns boys into girls, and old men into kids again. Augmented Reality Lenses have only just begun their long journey, there are SO many use cases. Think of movies like Eyes Wide Shut, Face Off, or any Cartoon overlay (Roger Rabbit, Space Jam). If@jimmywin or@brentongunning had an "in" at Snapchat, the sooner the better because the transactions and usage would be gargantuan right from the getgo. True Story: I applied for the job of Snapchat COO. I would have had Snap on BSV by now, and they'd be murdering Instagram, TikTok, and others just by being first to the great BitCoin revolution. I suspect it will be the smallest of startups within the BSV ecosystem who will be the biggest creators of transactions and garner all the economics of the new paradigm. (epilogue: the person who got the job checked all the usual resume boxes, lotta FAANGy experience, proper political alignments etc... but wouldn't know a BSV from a ChainLink shitcoin from a wooden penny)
akondelin tipped:
jack tipped:
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jack replied:
Love it!
simplyhansen replied:
I would have hired you John.
john tipped:
Less friction for paying with bitcoin in starbucks/walmart/... Reward points for starbucks/walmart/... should reduce the friction and creates the possibility for aftermarket for reward points.
jack tipped:
jack tipped:
Pharma companies will be able to finally reduce the middle man friction and sell directly to consumer. (they will be able to see precisions and deliver directly to the patient)
jack tipped:
Just like the internet changed fortune 500, the same way bitcoin will change it.
E-commerce companies like Alibaba.com Amazon.com ebay.etc. Short story I stuck here in Dubai we have Talabat.com this the most people using for transactions nowadays, because of pademic. I bet other country also has similarities I was in Singapore also they have carosell. Olx, etc
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leah replied:
You’re a bitcoin whale you tipped a lot of people here 🐋
jack tipped:
Facebook is the most beneficial company for adopting BSV as it has 3.1 billions users connected. It will create global loop new economy. Imagine if it charge $0.05 per transactions in its ecosystem in additional of BSV Network fee which still low, it can collect huge amount of money. How if users are able to tip on its post on social media Facebook, Instagram, Whatsapp or Messenger, the engagement of the users will accelerate. Adopt BSV for Facebook is easier than creating new Crypto Currency like libra politically. The government will only said that BSV is the unstoppable Force, any company will adopt it eventually. While Google is the beneficial company for adopting paymail like money button. It may help the world to fight spam, better connection between websites, easier to reward YouTube and Google Ads, better identification of Internet citizen, creating open economy based on BSV.
jack tipped:
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Red Hat. For the same reasons as Microsoft and Apple, but they're actually hungry enough to use Bitcoin.
jack tipped:
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In general the gambling/casino industry could benefit a lot from being provably fair..
jack tipped:
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Google. Advertisement was a choice because micro payments weren't a thing.
jack tipped:
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ejfhp replied:
Thanks... ;-)
Amazon. They would save 100s of millions of dollars in transaction fees.
jack tipped:
Salesforce...on chain data entries given the ledger is effectively a single giant account statement. Also they can leverage data centers infrastructure to enhance their cloud business solutions, from fake cloud (your data on their server) to real cloud (your data distributed across data centers globally).
jack tipped:
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maybe car industry? expensive product with a guarantee. they could register every service, repair, accident, driving habits, misuse and everything. also insurance companies could use the data, not sure if its actually beneficial for them or just a future necessity. but a safe driver or a company with safely driving employees would indeed benefit for that.
jack tipped:
akondelin replied:
nice product idea: safe-driver insurance corp you stream your driving statistics you get a small tip or a penalty at the end of your ride, along with why this closes the loop; like immediately getting the results of your test instead of wondering all weekend
jack tipped:
Maybe Wells Fargo. Start w/ mortgage Easy to token, important and valuable to fully document - but not very memory intensive, better enable buying and selling of mortgages, verification of issuance of delinquencies, etc. Get WF Home Mortgage and you get a 1/4 of the U.S. home market and demonstrate trust in what is generally the largest investment of a person's life.
jack tipped:
benjamin replied:
https://www.coindesk.com/wells-fargo-invests-5m-in-startup-connecting-crypto-exchanges-and-banks https://www.ledgerinsights.com/wells-fargo-blockchain-internal-settlements/ Tell them $5M investment is chump change and if they're serious they can use a pre-existing, robust, law compliant, chain and not be beholding to ol' JP Morgan et al.
I'm tempted to say Google/Alphabet. I'm not exactly sure whether it would make them more profitable as a company if they monetised their search using micropayment via BSV, but the value it would bring to humanity if they did that would be significant. A search engine designed for the ones searching rather than designed for advertisers. It would make the distribution of important and valuable knowledge much more effective.
jack tipped:
There are many companies that could benefit so I think its useful to think who would take the risk first. A company seeking new traction would be more likely to take the risk first, like say T-Mobile (or Verizon). There is so much upside there to integrate a wallet on devices, switch monthly payment to BSV and partner with a bank for fiat, then encourage users with discounts and freebies.
jack tipped:
Retail companies, such as Walmart. They generate and record huge amounts of transactions every day.
jack tipped:
Insurance companies 💥 for ex. https://www.travelers.com/ Especially the one who focuses on travelling and property. Bitcoin is an excellent tool for collaboration globally. Also funeral industry ⚱️ A ledger of the grave stones, deceased stored on a robust blockchain open transparent. Not a fortune company for example: https://findagrave.com/
jack tipped:
Electrical and mobile internet providers.why?cause you cant pay with bsv without either of them
jack tipped:
Microsoft and Apple. Especially Microsoft. Both could add a lot of security to their products by leveraging Bitcoin's immutable ledger.
jack tipped: