What: Turns out I like crypto. But the part I’m sharing here reminded me sooo much about stuff going on in the data space right now, I had to share it…
“Step 1: You hear a strange new word (“NFTs”, “DeFi”, “Eeeeeeth”, etc.)
Step 2: You ignore it
Step 3: You hear it again
Step 4: Your cousin Bobby quits his job, because he made $8M from that strange new word
Step 5: You immediately Google the strange word
Step 6: Your head hurts. The concept is confusing. You secretly hate Bobby.
Step 7: You become a believer
First, it was Bitcoin, then it was Ethereum, then it was DeFi, then it was NFTs, and I believe next…is Stablecoins”
My perspective: Ok, so now you gotta do some filling in. What are those strange words to you? And much more important: What are the stablecoins of data? ELT seems to be an oldie already. Observability and the modern data stack however seem to be on the front. As is the “data mesh”. But just as with stablecoins, the question is: For which one of these new fancy data words is the “why now?” moment, well, now?
Now it’s your turn, go read the piece and then conduct your own little analysis, what’s the X?