Just a place to write
When looking at who is consuming stablecoins and which ones, you can consult diagrams like this one below, where Tether is the main one followed by USDC. But this does not give you a lot of context. Now if you look at this map, where 73% of the world’s income is possessed by 14% of … Read more
The yield / no-yield discussion around Digital Asset Market Clarity Act exposes this tension (map below): In one side, banks keep high volumes of deposits and provide less benefits to the end user. In the other side of the table Fin-tech companies are willing to offer more profit to users for the adoption of Stable-coins, … Read more
In October Nvidia announced their work in quantum computing space, focusing mainly in the integration side (hybrid solutions), similar to the moves done by Microsoft and D-Wave. We have started 2026 with 2 new National Quantum Initiative Re-authorization Act. that authorizes billions in funding for NIST, NSF. U.S. federal agencies (FBI, CISA, and NIST) officially … Read more
I was not familiar with this ecosystem of payments and I wanted to learn a little bit on the basis. The TRON Network is a decentralized, open-source blockchain designed to be a “global settlement layer” for digital assets. They started in 2017 with the goal of decentralizing the internet and the entertainment industry (giving content … Read more
If you use Google Maps, you probably know that it offers different versions depending on where you connect from. I did an test today with a colleague from India. This is how the Maps of Kashmir zone is drawn for a user accessing from India. You can see how the borders are clearly defined. The … Read more
I have been reading more about stablecoins and what are the mechanisms behind the scene. In this previous map I asked my question: what do these companies do with all these US dollars they have in custody? The answer before July 2025 was: where they obtain more benefits keeping the risk of lack of liquidity … Read more
Reading some news about the evolution of Roblox, I discovered they has developed the ability to: Long story short: they are exploring how to monetize and incorporate videos into their platform. It would be interesting to understand how Google profits from this. When looking at the P&L of the company, there are two things that … Read more
We did an event where we were discussing about sovereign debt. Very interesting conversation where we ended with this map. We discussed about many things, and for just 1 hour we did a lot. Is the map wrong? I’m sure it is, they all are wrong, some are useful.
Quantum Generative Adversarial Networks (QGANs) are an advanced form of generative models that leverage quantum computing to enhance data generation capabilities. They build on the classical Generative Adversarial Networks (GANs) framework, which consists of two neural networks: a generator and a discriminator: Why do I want to use QGANs? An initial representation (a map) about … Read more
Listening the this episode of Kapital’s podcast titled “Too big to bail” (it’s in Spanish), I took my time to draw some of the dependencies commented there. It’s interesting to see how capital flows move from one place to other. After 2008, the commercial banks saw how the regulation limited their ability to get loans … Read more