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AWS is now the fourth biggest software enterprise software company in the world
they're all over AI they're all over VR they're all over Big Data they're all over cloud audio they're their assistants
one thing they're not doing its anything or much on blockchain zero basically zero
they don't have two or three thousand of the amazonbasics brands now I mean it's literally everything coming from them soon I think it's just gonna be an Amazon version like it could be the diapers everything is gonna be just Amazon cops everything on top of the cables
today literally today I opened up a two pound bag of ground Amazon fresh white labeled Columbian coffee and it was delicious and I just looked I looked at I just laughed that's home turf yeah being up Starbucks
AWS is now the fourth biggest software enterprise software company in the world hidden inside of the people who bring you your milk and books.
it is beneficial for us to dig into what's going on at coinbase is how they deal with you know the surging transactions a company that clearly does not have the infrastructure to deal with the kinds of transactions that are going through their pipes and they acknowledge it and yet there's no other place to really transact there are a few other exchanges that have even worse infrastructure you have daily limits on the amount of money that you can get out so you have a run
I don't have great insight into what's going on operationally which again is probably a sign they're doing a pretty good job one thing I've noticed just as a user is that prices have gone up pretty dramatically over the course of the last six to eight months I feel like you for my purposes they've gone up I would say 60 to 70 percent
one of the most remarkable investments ever and one of the greatest dramas ever
uber as an investment represents one of those all-time investments there are you know maybe seven to ten of them that we could you know reel off of the top of our head over the last 20 to 30 years so this is one of them and it certainly looks like it's the most dramatic
I one of the true sort of ironies and of the many ironies in the Trump administration is he went so hard after Amazon in very unspecific way during the campaign that he was going to go after them as a non taxpayer which isn't true and that there's some sort of they're using their tax status to prop up the Washington Post or vice versa and all of this was nonsense and then none of this plays out Amazon is up 26% this year and nothing has happened to them and then Trump takes credit for the increa