I think there will always be need of trusted voices in the investment community, but what the ICO markets are showing is that the world has incredible demand for future-looking projects!
What's really happening is that every bank in the country is experimenting with the blockchain and experimenting with bitcoin to figure out where the value is. For the first time ever, they're working hand in hand with startups. Banks are asking startups for help to build products.
No one has ever raised capital because their pitch deck was pretty. A lot of people have raised capital because they were over-prepared, knew where their business was going, and were able to articulate that through a pitch alongside a pitch deck.
I think there will always be need of trusted voices in the investment community, but what the ICO markets are showing is that the world has incredible demand for future-looking projects!
I always believe that people can learn a broader skill set. You need good technology and solving a big problem. I always think that, at it's core, it's solving a problem; you're not building technology for the sake of technology.
In the future, when people look back at the early days of Bitcoin, they'll say, 'It was so obvious that the ability to move money anywhere, instantly, at near-zero cost would be a huge success.
The world is a global economy. I thought, 'It's a bummer we don't have a unifying currency.' Then I saw Bitcoin had already had a crash and had the resistance to recover. The community was strong enough to push it through again. That's really exciting.
What bitcoin does better than the current financial system is it's a better stored value globally. There are a lot of countries that really don't trust their banks or their currency, and bitcoin is an alternative.
People wanted Bitcoin to live so much, they basically willed it back into existence. That showed me how passionate this community was about it.
Bitcoin has so much potential, and that's why the believers are trying to facilitate its use as a currency, so people use to buy things and spread it around more.
People wanted Bitcoin to live so much, they basically willed it back into existence. That showed me how passionate this community was about it.
Bitcoin has so much potential, and that's why the believers are trying to facilitate its use as a currency, so people use to buy things and spread it around more.
What's really happening is that every bank in the country is experimenting with the blockchain and experimenting with bitcoin to figure out where the value is. For the first time ever, they're working hand in hand with startups. Banks are asking startups for help to build products.
I saw Bitcoin as an actual market opportunity: as a trillion-dollar marketplace with long-term potential.
Most people hoard their money - just keep it in the bank. Bitcoin will really take off when people start spending it, creating a velocity of money.
When we announced that we were going to support Bitcoin companies, we became a great lightning rod for activity and fun.
Bitcoin is here to stay. There would be a hacker uproar to anyone who attempted to take credit for the patent of cryptocurrency. And I wouldn't want to be on the receiving end of hacker fury.