Solana co-founder Anatoly Yakovenko responds to Jessica Lessin asking whether most meme coins are created on the Solana blockchain.
Opinion
Yakovenko: Crypto Will Cap Around 100M High-Spending Users, Not 8 Billion
“I think there is just a set of users that are kind of heavy users, and that might be a limited, that's not going to be eight billion people. I don't know how big that set is, but it could be like A hundred million. Right now, that sounds like a small fraction …”
Prediction Not checkable as stated
Yakovenko: Global demand will force US to adopt stablecoins
“Like the world is so big that if this, everybody wants us dollars and if the programmable us dollar is tether or circle or whatever, they'll use it. And then us has no choice but to accept them because the economy is so big right now. The global economy is so …”
Prediction Not checkable as stated
Yakovenko: Visa will settle via stablecoins instead of banks
“And normal people are not going to switch from credit cards because it's just kind of entrenched. But the way Visa deals with like banks, I think it's going to change because they don't have to care about banks as much anymore. They can actually just do everyt…”
Opinion
Yakovenko: Crypto wins if Bitcoin becomes a portfolio hedge like gold
“It's weird if it actually ends up being like a, you know, part of somebody's like hedge strategy, like gold. I think that is, if that happens, then this whole crypto experiment is effectively won, whatever, whatever you want to call it.”
Prediction Open · timeframe Jul 2030
Yakovenko: Stablecoins will reach $1T in near-future crypto growth mode
“I think at some point the, We're, we'll see that accelerated event. It's hard for me to predict whether it's the next two years or some other two years short in the near future, but you'll see this massive kind of growth mode for crypto where we see a trillion…”
Opinion
Yakovenko: Centralized closed algorithms are worse than offensive speech online
“I think that what sucks is the only innovation in this over the last like decade is like basically a centralized closed source algorithm that feeds you a specific set of information and then you don't have user engagement. That's kind of a very sad outcome. Li…”