> And what is TSMC in this analogy?
replyThe mint?
A platform: aka the foundation under the bank.
replyThe material cement that allows chips to exist above it.
And the platform is made of time: ours.
If TSMC is a platform, then why doesn't it have an App Store?
replyThey do, you only get access to it if you're comissioning chips.
replyASML is the foundation. Without them, none of this would exist.
replyI think we can go even further and say that IBM, Zeiss, several Japanese companies, and even the US Department of Energy are the actual foundation since ASML is largely just an integrator of many different technologies they license from elsewhere.
replyWe can go even further, all of the mining companies! Or even further, and the dead stars that exploded!
reply“Our age of silicon is collapsing” - Christopher Nolan
replyIdk… government bonds or something?
replyWhat’s upstream of the central bank? …Congress?
replyThe currency press operator and manufacturer.
replydo they lend money to their customers to buy their own chips?
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