More or Less #80: The More or Less Holiday Special Pt. 2 (Crypto and Antitrust)
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Jan 4, 2025 This special showcase delves into the shifting landscape of tech regulation, particularly regarding antitrust actions against giants like Google and Apple. It explores the complexities of crypto regulations amid rising values and highlights Bitcoin's potential surge to $100,000. The unique culture within the cryptocurrency community comes under scrutiny, revealing both fervent enthusiasm and monetization challenges. Finally, the intertwining relationship between government and tech raises essential questions as industry leaders navigate an evolving political environment.
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Antitrust Lawsuits as Political Theater
- Big tech antitrust lawsuits are primarily political theater, often lacking merit.
- These suits significantly impact revenue and innovation, especially for Apple.
Understanding Antitrust Lawsuits
- Antitrust lawsuits function as trial balloons, gauging public support and legal viability.
- Their complexity makes it hard for non-lawyers to understand their trajectory.
Google's Search Monopoly and Apple's Services Revenue
- Google's search monopoly allows it to pay large sums, like the $20 billion to Apple, to maintain dominance. This deal significantly contributes to Apple's services revenue, comprising about a quarter of its $85 billion.