In 2024:
> Visa made $39.4B - owns no banks
> Spotify made $17.2B - owns no music
> Expedia made $13.7B - owns no hotels
> Lyft made $5.7B - owns no cars
Lesson? Be the middleman.
AC Penetration:
🇺🇸 USA - 88%
🇨🇳 China - 62%
🇸🇦 S Arabia - 63%
🇮🇳 India - 7% Households
In a country boiling half the year, the Govt calls ACs a "Luxury" and slaps 28% GST.
14 years ago, Laszlo Hanyecz purchased two pizzas for 10,000 Bitcoins for his two kids.
If he hadn't, those Bitcoins will be worth 700 Million $ or 6000 Crore Rupees today.
Lesson: Kids will ruin your finances.
Happy #BitcoinPizzaDay
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