American - Businessman | -
Everything will be tokenized and connected by a blockchain one day.
Fred Ehrsam
DayConnectedOne DayBlockchain
To create an open protocol which helps coordinate resources towards a common goal, the resources need to be known at some level in the same way a lot of of data on the web needs to be public for it to be traversable and useful.
DataGoalCreateWayNeedResources
Ethereum has taken what was a four-function calculator of a programming language in Bitcoin and turned it into a full-fledged computer.
LanguageProgrammingEthereumBitcoin
I think the whole narrative of blockchain without bitcoin will amount to very little.
ThinkWillBlockchainWithoutLittle
Blockchains are digital organisms. As organisms evolve through changes in their DNA, blockchain protocols evolve through changes in their code. And like biological organisms, the most adaptive blockchains will be the ones that survive and thrive.
SurviveThriveWillDNABlockchain
People far too often associate derivatives markets with mere speculation, but there are very legitimate businesses that need derivatives to protect themselves against risk.
PeopleRiskProtectNeedAgainst
There's been a myth perpetuated where people think, 'I need to go into consulting, banking, finance, law, or medicine to make a consistently reasonable amount of money.' People are now realizing that's not the case.
MoneyFinancePeopleLawMedicine
Working on a token is similar to working on a startup: higher risk and lower initial impact but higher upside potential. How core protocol work is best funded beyond the initial Ethereum Foundation endowment is an open question, but likely further out.
WorkBestFoundationImpactBeyond
Ethereum will be a first-class citizen on Coinbase.
CitizenWillEthereumFirst-Class
AIs trained on open data are more likely to be neutral and trustworthy instead of biased by the interests of the corporation who created and trained them.
DataMoreTrustworthyOpenNeutral
Scaling is multidimensional. Different methods address different things.
ThingsDifferentMethodsAddress
Not having sub-governance would be like anyone who owns USD being able to walk into a Google shareholder meeting and voting without owning Google stock just because Google shares happen to be denominated in USD.
WalkVotingMeetingJust Because
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