But there is something very valuable it offers to a rational investor — disclaimer: I am long in crypto, albeit not very successfully so far. I am also not a certified advisor and hence nothing in this text is to be considered financial advice. DYOR* A quote from the Jacobin, radically taking apart crypto: Cryptocurrency is a scam. All of it, full stop…

Part 2: Marketplace as an alternative to ecosystem — In my last piece of “The Boring Telco”, I examined several possible new types of Digital Operator business models, enabled by focus: Ecosystem Marketplace NetCo I’ve covered the “Ecosystem” model before and here will focus on Marketplace. What is a marketplace model? Unlike “ecosystem” there is no invented meaning behind the term. …

Part 1 — exploring the ecosystem strategy — Two analysts meet. Says one: “I cannot understand what’s going on!”. The other: “well, let me explain it to you”. First: “I can explain it myself very well, but I just still don’t understand…” Departing point In part 3 of “The Boring Telco” I wrote on the reason why carriers integrated model…

but lack of value creation comes at high social costs — DoorDash buys Wolt for $8bn to expand in EU, following JustEats $7.3b to buy Grubhub — this newsline caught my attention. #Foodtech is the hottest industry right now. Sky-high valuations, prime news, even stronger funding rounds. …

They put their “global change” mission statements on the shelf when switching to value extraction mode — Disrupt and “uberize” The story of AirBnB and Uber started almost at the same time, around 2007–2009. (On a side note: this also coincides with the time Apple allowed third party app developers to sell on their platform, but that’s less important for the story). …

Part 4— Breaking the inertia of the past success — → Disclaimer and background ← This is the fourth piece of a longer story. There is no need to read them in sequence, but its the way I was writing it up. In Part 1 and 2, I gave some historic retrospective, a mix of history and dynamics. Part 3…

Part 3 — on value erosion and Telco unbundling — → Disclaimer and background ← This is the third piece of a longer story. There is no need to read them in sequence, but its the way I was writing it up. In Part 1 and 2, I gave some historic retrospective, a mix of history and dynamics. …

First of all well argumented article. Like the sources. However, several points are not really debunking misinformation. Starting with #1 "Volatility". There is nothing to debunk the fact, as there is no misinformation at all. Your case is about future not present. Bitcoin is too volatile today to be used…

Part 2 — how wireline industry connected societies and became despised — → Disclaimer and background ← This is a second piece of a longer story. There is no need to read them in sequence, but its the way I was writing it up. In Part 1, I wrote about the wireless industry. …