London banning Uber is a crisis that shouldn't go to waste.

in #uber7 years ago (edited)

If you're like me and believe in the promise of CryptoCurrency and decentralized applications, the up-hill legal battle Uber and its competitors have faced is one of many canaries in the coal mine. What's are the canaries telling us? That traditional corporate business models are antiquated and government is the one that has killed them.

Corrupt and inefficient governments throughout the world have made it all but impossible for the market to do what it does, serve the consumer. If you're an entrepreneurial individual looking to help people and create jobs, all while turning a profit, you now either need to specialize in manipulating the government or completely working around it.

This makes Uber, an entity less than 10 years old and born via smartphone ubiquitousness, and obsolete business model. This corporate structure is dependent on government cooperation, despite offering a service perfectly capable of run in an ad-hoc/peer-to-peer service model.

While ICO scams and whitepapers abound for silliness, here we have right in our face a proven service model that is struggling under the weight of government oppression, which can easily be solved via decentralization. With no corporate master beholden to the bureaucrats, software linking drivers and riders and exchanging funds and feedback is a trivial technical matter.

I'm not a developer or marketer, but it doesn't take a great business mind to see that the killer dApps and crypto use-cases are in the headlines daily.
uber-london-tfl-license.jpg

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