The podcast discusses SpaceX's domination in space launches, the potential of Starlink and its impact on internet coverage. It also explores Visa's integration with stablecoins, looking at the growth and usage of stablecoin technology and the disruption it presents to traditional payment systems.
Read more
AI Summary
AI Chapters
Episode notes
auto_awesome
Podcast summary created with Snipd AI
Quick takeaways
SpaceX's dominance in the space industry and its potential to revolutionize the industry with the Starship
Visa's integration of stablecoins indicating the growing adoption and disruptive power of stablecoins in the traditional payments space
Deep dives
SpaceX Dominates in Space Launches
SpaceX continues to dominate the space industry, launching 80% of all spacecraft upmass in the first half of the year. With plans for Starship, their capabilities could increase significantly, potentially launching every few hours and revolutionizing the industry. This dominance and the potential of Starlink, their low Earth orbit constellation, suggest a strong business outlook for SpaceX.
Visa Integrates Stablecoins
Visa announces a partnership with WorldPay and NuVay to integrate stablecoins into their payment network. This move aims to provide a more direct and peer-to-peer payment system, reducing the need for intermediaries and lowering fees. This integration represents a recognition of the growing adoption and potential of stablecoins, indicating their disruptive power within the traditional payments space.
The Rise of Stablecoins
Stablecoins, such as USDC and USDT, have gained popularity due to their ability to provide access to a US dollar-like asset and offer a more efficient and direct transfer of value. Circle, the issuer of USDC, generates revenue through interest income from investing in short-term treasuries. Stablecoins have found utility in regions with currency inflation and within the crypto world. The integration of stablecoins into traditional payment systems highlights their growing importance and potential for further disruption in the financial industry.
If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.
This week, Associate Portfolio Manager Nick Grous Autonomous Technology and Robotics Director of Research Sam Korus are joined by Next Generation Internet Director of Research Frank Downing. Together they discuss updates on SpaceX and Visa’s integration with stablecoins.
Key Points From This Episode:
Intro
SpaceX
Visa Stablecoin Integration
For more updates on Public.com:
Website: https://public.com/
YouTube: @publicinvest
Twitter: https://twitter.com/public
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode