There’s a decent likelihood that many of the people who stumble upon this article don’t even know what bitcoin is, but their mate’s cousin made a fortune after he bought a bunch of bitcoin mining hardware and struck gold. So, where do we even begin? We will start by telling you the most important thing […]
Ilusory superiority refers to the propensity of humans to overestimate themselves when compared to others. Take for example the survey they did of Stanford MBAs, of which 87% rated their academic performance as above the median. While that sort of ignorance can be expected from people with MBAs, it’s actually a far more widespread problem. The truth […]
When it comes to telling people what your business does, you’re supposed to have what’s called an “elevator pitch”. It’s a succinct way to describe your value proposition that doesn’t bore people to tears. When describing Nanalyze, we always use the same example. Suppose your dad was watching the evening telly and saw an excerpt […]
Many people seem to be getting all excited about ICOs because they will “fix the broken venture capital model”. It’s as if all the amazing technological innovations around us are somehow lacking and if we could only democratize the flow of money to startups, that would somehow result in an even faster pace of innovation. That’s a […]
You won’t have to look very hard to find people who think initial coin offerings (ICOs) are all scams and people who think they’re the greatest thing since sliced bread. With a fierce debate raging on, we want to try and understand this whole “ICO/cryptocurrency/blockchain” thing from the perspective of investors who can see that the […]
Removing the nuances from an industry and boiling it down to its essence is important when you’re an investor. Unless you’re spending your money philanthropically, you want to know the bottom line: Is this a company with smart leadership, strong intellectual property, and clear potential to scale? So it’s with these measures in mind that we […]
Everywhere you look there’s talk of how blockchain technology is changing everything. All these new currencies are sprouting up while bitcoin continues its upwards march. All the while, Silicon Valley naysayers are praising the emergence of ICOs so they can stick it to the man and democratize the entire fundraising process without realizing just how […]
We do loads of research here at Nanalyze and we’re always watching the news for new and exciting emerging technologies. Over the past few weeks, we keep noticing in the news that bitcoin is making new highs and now all the pundits are saying insightful things like “proceed with cautious optimism” or gems like “there’s an […]
In a recent article, we provided a simple explanation of “blockchain technology” and learned that there are many applications for blockchain outside of the most popular usage “Bitcoins”. According to an article by the WSJ, analysts at Autonomous Research estimate that within five years, blockchain could theoretically cut $16 billion from the $54 billion spent […]
We recently read an article from CB Insights about how “blockchain” will disrupt no fewer than 12 different industries and the first question we had was, just what is blockchain? Is it another name for Bitcoin? It’s not, but the two are related. You’ve probably heard mention of Bitcoin before, a controversial virtual currency that’s […]