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Fascinating! FB bought Whatsapp, instead of LendingClub over a decade ago... Not that Zuck isn't a genius billionaire.

Paypal bought Honey in fall of 2019, when Honey started creating/fascilitating Merchant discounts, rather than only scanning discount codes to lift cart closures (whether a code was found or not). Perhaps Chase is chasing Paypal, rather than the other way around. But of course Chase has their "ultimate rewards" loyalty ecosystem, they're leveraging and repositioning, not that they have a (global) stablecoin and digital-first ethos.

Sure, GDPR/privacy is a big advantage to fintech/payment-providers to capitalize on "secure/private" data and brand.

Hopeful that both players are anticipating payment transaction fees going toward 0% due to payments/walleting being as commoditized as things get. Ideally they'll shift to a much more aligned PMF/biz-model of precisely what they're saying - charging for a successful transaction solicitation (with facilitation embedded).

This is aligned with all-in-one marketing platforms and genAI squeezing all the artificial intermediaries and costs in marketing. All the fluff via SEO/search.

Only major player in the advertising/attention space quietly withering under a rock is the Brave Browser. Their bizdev person is aped out on NFTs, pretending like they don't owe their users a development of an ATTENTION economy, rather than puny advertising CPM utility. BAT comes with Brave's 25m MAU at a $350m market cap. Global early adopters in tech, crypto... with an embedded wallet. With the power of reordering ANY proprietary algorithm whether it is Amazon or Airbnb search results for example (clearly they're too afraid to go there to this day!). Honey browser extension was $3B in 2019 dollars.

Finally, the "scarcity" utility is an ok reason for corporations to hold bitcoin as part of the treasury. But most corporations have marketing budgets, why are they not holding part of that marketing budget in BAT, which comes with great CTR-based marketing utility...

Because Luke has absolutely no idea what he's doing and they do not have a product person working on BAT's ATTENTION utility. Listen to any of his calls - useless marketing tech NFT gibberish.

https://basicattentiontoken.org/team/

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I'm with you on BAT being a disappointment. I bought a tiny bit after ICO and sold a looooong time ago.

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