POPA ReconThe money flow is the moat
The money flow is the moat The best businesses sit inside the flow of value. Stablecoins and programmable networks are making that pattern available to every startup Historically, the most enduring businesses build defensive moats by positioning themselves directly within the flow of value to capture a percentage of transactions as network activity scales Blockchain technology and stablecoins make this model natively accessible to startups, enabling programmable, global financial rails that lower costs and capture revenue directly from circulating capital https://a16zcrypto.substack.com/p/…
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