First, we had a 218-qubit quantum computer. That was a photonic quantum computer from a company called Xanadu. And just a few weeks back, IBM announced a 433-qubit quantum computer.
This was absolutely a remarkable achievement. There’s no question about that. But as I told readers at the time, there’s still more work to be done.
These are all precursors to what I believe will be a more formal announcement from the Fed and the U.S. Treasury about their plans for digital money on some form of digital ledger that will almost certainly be centralized and controlled.
The financial media and the naysayers are sensationalizing what happened and extrapolating the events to the broad digital asset industry. I get it, it’s one heck of an insane story. But they’re missing one key point.
The larger crowdfunding deals happen under Reg A and Reg A+ deals. As much as $75 million can be raised now. So, if the Reg A/A+ deals top $100 million, then 2022 will be another record year. If not, I’m certain it will be very close.
This is arguably the biggest breakthrough for biotechnology and life sciences in recent memory. I’d put it right up there with the creation of antibiotics. It’s that significant.
I’ve long predicted that AR eyewear will be Apple’s next major product category. Apple understands the value of AR as a computing platform upon which applications can be built and monetized.