fortune favors the brave matt damon meme

#Fortune favors the brave matt damon meme software

Put another way, which of the hundreds of crypto-currencies will survive the inevitable winnowing? Which crypto-currencies will simply die off, like the zombie ETF’s that litter the securities market today (or the 70+ aircraft manufacturers of the early 20th Century that no longer exist)?Īll of which brings me to which, among other things, operates an exchange that enables purchases, sales and exchanges of more than 150+ crypto-currencies well as conversions into more than 40 fiat currencies.

#Fortune favors the brave matt damon meme software

Eventually, as we saw over the last thirty years in traditional software development, features become standards and standards become ubiquitous. This one is faster than that one the people managing software development here are smarter than the folks down the road this one has just launched the greatest DeFi application ever seen etc. This basic truth leads us to at least one reasonable conclusion: money today (fiat currencies) and money tomorrow (crypto-currencies) requires two features: ease of use and universal acceptance.Īt the moment, crypto-currencies are competing based on features and capabilities. To some extent, this simply reflects the fact that crypto-currencies like Bitcoin cannot be used by anybody (and certainly not everybody) to go the supermarket and buy a loaf of bread or fill one’s gas tank. For all their increasing market capitalizations, and the unending stream of applications, neither Bitcoin nor any other crypto-currency has yet achieved universal acceptance as money. This is not the case for crypto-currencies. Yes, there’s back and forth about the value of currencies relative to one another (i.e., the US Dollar compared to every other currency) but we don’t doubt the use of fiat money itself - as long as it convertible into a form of money that we want. With a few exceptions, the world accepts all fiat currencies. We accept the US Dollar, we accept the Euro, we accept RMB, we accept the Yen. We know that money facilitates the exchange of goods and services because it is universally accepted as the means by which those exchanges are made. Rather, let’s focus for a brief moment on the Roman poet Virgil (19 B.C.) who said, in the Aeneid, “audentis fortuna iuvat” which we can translate as “fortune favors the bold.” Hold (and not HODL) that thought for a minute and let’s bring that idea to money in general and crypto-investing in specific.

Let’s just take a step back and think for a bit. And, let’s put away our Hp-12C’s, that financial calculator of choice for the old guard, or any other calculator for that matter. Perhaps it’s time to take a break from thinking about block-chains, stable coins, meme coins, NFT’s, transaction speeds, wallets, exchanges, security, private keys, China, the US Federal Reserve, Hillary Clinton, electricity consumption and Elon Musk. However, Parker, Stone and team were able to create a couple of hourlong specials and two made-for-TV films on Paramount+ amid the show’s hiatus.Not everyone at DDI wants to read about crypto-currency all the time. Like most shows, South Park was forced to halt production on regular weekly episodes due to the pandemic. There are a few more shots at Damon over the commercial before the episode goes meta and notes that jokes about the commercial are already dated. Clyde responds to Cartman with, “My dad said he listened to Matt Damon and lost all his money.” To which Cartman counters, “Yes, everyone did! But, they were brave in doing so!” “What does Matt Damon say in the bitcoin commercial? Fortune favors the brave!” Cartman says while trying to rally the class to fight back against the school principal’s PJs decision. Famously taking aim at Damon in their classic 2004 film Team America (the puppet character can only say his name) and mocking crypto and NFTs in the recent South Park made-for-TV Paramount+ films, it was a slam dunk for creators Trey Parker and Matt Stone to tee off on Damon’s commercial.