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A business needs a very good reason ($$$) for the distraction and time cost of adding a new payment method. But consumers are quick to join a P2P app like Venmo or Cash App for a $10 referral code from their friends or because they like the community and culture associated with an app.
The Race for New Payment Rails
Reggie Young
I believe we should think of the Chinese state today as an autocratic regime that is occasionally capable of economic pragmatism rather than a technocratic regime that slips occasionally into Marxist faults.
2022 Letter | Dan Wang
danwang.co
While access to user data generated by platform surveillance of readers is a potential benefit to publishers, in practice publishers do not fully exploit (and may not have full access to) that information.
The Anti-Ownership Ebook Economy
nyuengelberg.org
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