“PBOC, China’s Central Bank has collected the most patents related to blockchain in the world. Sure enough, PBOC recently confirmed that it will issue digital RMB soon.”
“Bitcoin did peak in late 2017, early 2018– and it has since contracted. If this were really the future of digital commerce, the future of money, the future of web infrastructure– you wouldn’t expect it to take a huge step backwards. But it did, and that’s because it’s mostly hype-driven.”
“How many times have you been using an app and honestly thought to yourself, “Ah f***, if only this were decentralized it would liberate me as a person!”
“I would go to these highly technical meetups, take notes, and do extensive research afterwards. I didn’t understand 90 percent of what people were saying, but I wanted to grasp complex topics like “elliptic-curve cryptography” nevertheless.”
“I suspect it could take much longer to implement than the most ardent enthusiasts will insist, and the real opportunity is in doing something practical that either helps existing financial professionals to be more productive, or somehow automates back-office activities and budgets.”
“I haven’t seen any proven, slam-dunk use cases yet. If you start to see a few of those, then the space obviously gains in merit.”
“I kept asking myself, ‘Why can’t people generate wealth for these important acts of service that they provide to each other?’ This question was at the heart of my journey into crypto and blockchain.”
“What I see here is not just tech but a convergence of tech and data with society, law, regulation, money, financial services, and other fields in the humanities.”
