crypto protocols

“But now really for the first time, the governance is actually built into the code”

“The fact that it's open, and anyone can take it, and hack it, and fork it, and look at it, and audit it, and do all these things, like, this is why Linux won, right? And this is why all this stuff is going to win.”

“Value will accrue to where there is the highest cost. And it doesn't really matter where in the layer that is. It matters more what is the kind of service that's being provided and what is the cost of that service.”

“Hospitality, services like Airbnb, messaging, things like WhatsApp, ride sharing, services like Lyft, you know, I think all of these, I believe we'll see over the next decade, all of these things kind of reinvented.”