Malka: Dee Hock considered Visa a failure because it lacked smart contracts
Micky Malka · Lessons From Backing The Best Founders In Fintech | Micky Malka · Aug 2, 2026 · at 27:22
Ribbit Capital founder Micky Malka shares personal conversations with Visa founder Dee Hock regarding Hock's original ambitions for decentralized systems.
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“For him Visa was a failure, if you talk to him, because he only got to release The simple version of it, which was payments, he wanted to do a lot more, which looked a lot like blockchains and smart contracts are today, but he was probably 60 years ahead of his time.”
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