"a naively optimistic perception
fueled by a false narrative (vs an inevitably flawed reality) is the more dangerous of the two... a la Tim Cook and Apple"
Apple's proprietary IDFA successor, SKAdNetwork, gets privileged App Install Ads access after kneecapping the 3rd party marketplace – another in a series of Strategy Credits-cum-Taxes by Tim Cook, et al
... Twitter's shifting revenue mix (increasing targeted direct response ads and deemphasizing brand ads) is another interesting narrative violation in Apple's IDFA push
... I'd say it's an unintended consequence of ATT, but we told you so
"[advertising] limitations of the analog world were not due to some sort of societal consensus, but to the limits of technology... tracking isn’t going anywhere... the question at play is who gets to do it"
"Apple, meanwhile, just drops bombs... Google Chrome has operated in the open... Apple decided to just blow up everything first... But somehow GOOGLE is the one that’s accused of not being open and transparent... Apple just get a pass"
1️⃣ scale legal system to exact individual user liability (in cases of legal abuse a la brandenburg or libel)?
2️⃣ more democratic solution for everything else (instead of centralized corporate arbiters)?
... I proposed arbitration as least bad solution for 1️⃣ and @sheeraf's Myanmar example was best exhibit of what I called the "geopolitical problem"
... but can we talk about the US only for a sec?
... I know, 'home country bias', etc; but 1️⃣ is in the spirit of domestic progress on these issues in light of congressional hearings – specifically the *legal* aspects of free speech on social media per US law – so I wanted to focus on that
... dollar volume matters as much as (if not more than) market cap:
e.g. speculators in singlenames can be marginal buyers inflating prices (with asymmetric size bias due to bandwagon a la $aapl $tsla) by reducing supply for more structural ETF demand
@DaveNadig interview with ARK COO did a deep dive into the ETF family's liquidity/capacity hypotheticals (spoiler alert: ARK's ETF-mandated transparency means investors are buying $arkk, et al to own the underlying)
Friedman's maxim "inflation is always and everywhere a monetary phenomenon" is somewhat apt here -- albeit somewhat inaccurate in its original context (i.e. money supply causation)...
If you're a subscriber and want to participate, just go to the Forum URL, which is run atop Discourse, and you just use your email and PW from your sub and there's already a profile for you...
@Wike_Meinstein@johnloeber@BlairReeves@nikillinit ...nevertheless, I can now confirm that the exact number of active Stratechery subscribers is 25,189 per a remaining loophole (the "Groups" option in the Forum) 🏁