Blockchain's Limited Competitive Edge Highlighted by Alliance DAO Co-Founder

According to Odaily, Alliance DAO co-founder qw recently shared his personal ranking of 'business moat levels across various industries,' noting that blockchain itself has a very limited moat, rated at only 3 out of 10. Qw's moat rating system is as follows: 10/10 Level (Strongest Moat) - Microsoft (Key SaaS) - Apple (Brand + Development Ecosystem) - Visa/Mastercard (Payment Network Effect) - TSMC (IP + Physical Infrastructure) 9/10 Level - Google (Search and AI IP) - Amazon (E-commerce Network Effect + Logistics Infrastructure) - Moody's, S&P, FICO (Regulation Driven + Brand + Rating Network Effect) - Major Cloud Computing (AWS/Azure/GCP, etc.) 8/10 Level - Meta (Social Network Effect) - NVIDIA (IP + CUDA Network Effect) 7/10 Level - Tesla (Strong Automation Technology, but Cars Still Commoditized) 5/10 Level - Best Crypto Businesses in the Industry 3/10 Level (Narrow Moat) - Public Blockchains Qw further stated that a weak moat is not necessarily a bad thing, but it means that teams must continuously innovate to stay ahead, or they will be quickly replaced. He also mentioned that Bitcoin could be rated at 9/10, while ASML belongs to the 10/10 level.