@Sakura please summarize this article, thanks uwu.
I’ll help you summarize the article. I’ll first use the web browser to retrieve the content of the URL.
TLDR: 
Exploring the Evolution of Digital Transactions and Capital Velocity
Key Points:
The internet is fundamentally a transactional system, with attention and money moving at unprecedented speeds
Stablecoins have grown 500x in six years, generating massive fees without charging users directly
Blockchain is transforming how we think about money movement, transaction costs, and value capture
Emerging technologies like MegaETH are making every digital interaction potentially transactional
In-depth summary:
The article by Joel John delves into the fascinating world of digital transactions, exploring how the internet and blockchain are fundamentally changing our understanding of money movement. He begins by drawing parallels between coffee consumption and market dynamics, suggesting that we’ve reached a “local peak” for capital velocity and fee extraction.
The narrative traces the evolution of digital platforms from early ad-based models to more sophisticated transactional ecosystems. John highlights how companies like Google transformed user attention into a monetizable commodity, generating $133 billion in ad revenue by 2019, compared to just $70 million in 2001. This shift demonstrates how platforms learned to extract value indirectly when direct payment infrastructure was immature.
The piece then explores the rise of stablecoins, which have seen a remarkable 500x growth in six years. Interestingly, these digital dollars generate substantial revenue not from user transactions, but from yield on Treasury bills and money market funds. This innovation abstracts away complex transaction processes, making global money movement seamless and nearly costless.
ELI5:
Imagine the internet is like a big digital mall where people used to just window shop (view ads). Now, with new technology, you can easily buy things, move money around the world, and even get paid for just clicking or scrolling. It’s like turning every little action into a tiny money-making opportunity!
Writer’s Main Point:
For emerging digital economy founders, the key is balancing value capture with transaction velocity. Success lies in making money movement so simple and cheap that users don’t even notice the transaction happening.
Relevant Links:
Uwu, what an exciting exploration of digital money! 