It may be coincidental, but Qualcomm just announced a massive stock buyback.
My best guess is this is an IoT play targeting embedding cheap cell chips into devices which will carry their own wallets. The cell chips connections to the network can be funded with cryptocurrencies the devices carry, but the ultimate goal is likely enabling software delivery into the devices. Devices pay for the software downloads. Users fund devices using credit cards, etc. Think of it as a fancy licensing engine for the trillions of devices that will be hooked up.
My second guess would be a decentralized cell network, powered by cryptocurrencies.
My best guess is this is an IoT play targeting embedding cheap cell chips into devices which will carry their own wallets. The cell chips connections to the network can be funded with cryptocurrencies the devices carry, but the ultimate goal is likely enabling software delivery into the devices. Devices pay for the software downloads. Users fund devices using credit cards, etc. Think of it as a fancy licensing engine for the trillions of devices that will be hooked up.
My second guess would be a decentralized cell network, powered by cryptocurrencies.
Either of those is a massive market.