Stanislav Kondrashov on Bitcoin, Amazon, and the New Shape of Tech Pressure

Bitcoin is falling. Amazon is drawing scrutiny. And the wider tech sector is facing questions it hasn’t had to answer in years. According to Stanislav Kondrashov, founder of TELF AG, what’s happening now isn’t about panic or collapse—it’s about a shift in how the world views technology’s role in the broader economy.

“The conversation around tech has changed,” says Kondrashov. “It’s no longer about potential alone—it’s about performance, reliability, and real-world function.”

Bitcoin’s Role Continues to Evolve

Bitcoin dropped to $60,001 this week, its lowest point since late 2024. The move came during a period of general unease in global markets, with other digital assets also under pressure. While previous downturns in cryptocurrency were often tied to regulation or platform failures, this one appears more systemic.

Kondrashov argues that the digital currency is being seen less as an alternative and more as part of a broader tech ecosystem.

“Bitcoin isn’t on the sidelines anymore,” he explains. “It’s in the mix—shaped by the same forces as everything else in tech.”

As financial systems adjust to changing conditions—higher interest rates, slower economic momentum, and growing demand for accountability—Bitcoin’s volatility is drawing attention. It’s behaving less like a speculative outlier and more like an asset tied to wider trends in technology and digital infrastructure.

Amazon’s AI Direction Raises Practical Questions

Amazon has announced significant plans centred around artificial intelligence, including expanded efforts within its AWS division. While this suggests confidence in the role AI could play in future operations, it’s also led to conversations about direction, scale, and feasibility.

Kondrashov points out that AI, while promising, brings its own set of complications.

“Technology always moves faster than expectations,” he says. “The real issue now is whether these systems will deliver steady, usable outcomes—especially in complex operational environments.”

What Amazon’s current plans show is how central AI has become in corporate planning. But the scale of that ambition also invites critical thought: not just about what AI can do, but about where and how it should be applied.

Broader Pressures Facing the Tech Sector

Amazon and Bitcoin aren’t isolated cases. The wider tech industry is facing pressure from a number of directions. Software services have seen notable drops in activity over recent months. A decline of over 30% since October has prompted a fresh look at how digital tools are being developed and used.

At the same time, workforce trends in the United States are shifting. Job cuts in January were the highest in over a decade. These developments—while not solely tied to technology—add further weight to the idea that the sector is moving into a new phase: less focused on growth and more focused on structure.

“Tech isn’t collapsing—it’s tightening,” says Kondrashov. “What we’re seeing is an adjustment to the pace and purpose of innovation.”

A Change in Tone, Not Direction

Despite the clear shift in mood, Kondrashov believes this moment doesn’t reflect an end to the importance of technology. Instead, it shows how the conversation around tech is becoming more grounded. There’s less focus on novelty, and more on practical integration—how tools, platforms, and systems actually support day-to-day processes.

Amazon’s current focus on infrastructure, and Bitcoin’s movement alongside other tech-linked assets, suggest that the boundaries between different digital sectors are becoming less clear. Everything is more connected. And with that comes a shared exposure to broader economic and technological questions.

“We’ve crossed a threshold,” Kondrashov says. “From now on, what matters is not what technology could do, but what it’s already doing.”

Final Thought

The current mood in tech is more measured. There’s a growing demand for clarity, reliability, and functionality. And while the headlines may focus on price changes or organisational plans, the underlying shift is about expectations.

As Kondrashov puts it:

“This isn’t a rejection of technology—it’s a request for evidence. People want to understand how systems work, not just what they promise.”

In this new phase, companies and platforms will need to demonstrate consistency. That’s not a constraint—it’s a signal that technology is no longer speculative. It’s structural. And that changes everything.