Episode 214 - Bitcoin's Relevance, Cybersecurity's Future in Private Sector, and Innovation Outpacing Adoption

Topic 1: Is there a valid reason for Bitcoin to exist?

You can now use Venmo (a subsidiary of PayPal) to pay for your tacos at Taco Bell. This is just the latest addition (see Apple Pay and Google Pay). Cash App is available indirectly as a card through Apple Pay and Google Pay.

E-payments are expanding all the time. We can move money to relatives via apps from banks and services like Venmo.

So what role does Bitcoin play other than hiding assets and transactions from the government?

https://www.tacobell.com/offers-and-deals?utm_source=venmo

Topic 2: Will Cyber Security have to Be a Private Function?

CMMC (Cybersecurity Maturity Model Certification) became “effective” November 10th. At this point, it’s unclear whether there’s any funding for compliance with the regulations.

At the same time, CISA staff and funding have been slashed and it’s not yet clear what funding will look like going forward.

Is security, monitoring of foreign actors, and distribution of cyber security-related information and alerts now simply left to the private sector by default? While some vendors will see money in pieces of this puzzle, is there a financial incentive to create a comprehensive cyber security infrastructure that’s not funded by the government?

Topic 3: Innovation Outpaces Adoption … Creating a Roadblock for Growth

https://www.linkedin.com/pulse/speed-innovation-outpacing-adoptionwho-you-gonna-call-geoffrey-moore-4kyef/

https://www.linkedin.com/pulse/disruptive-innovationthe-game-changing-geoffrey-moore-cjhyc/

The speed of technology innovation has accelerated. The speed of technology adoption has not. This creates a backlog of trapped value for customers and a growth obstacle for vendors. How can we solve this? It’s all about partners getting involved to deliver implementation / adoption services for emerging / disruptive technologies. Not “selling stuff” … but enabling customers to adopt stuff and get real value from it.

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