[bogomipblips]

I've come to the realization recently that the moat terminology doesn't work for tech. A moat is the same in all senses but in tech you can design reverse moats for existing players. I.e. Data retention for past orders or operating at a loss something you'll be able to do cheaper later make new entrants instantly better.

[conception]

This is why all big tech companies eventually move to regulatory capture as their moat.