Ethereum co-founder Anthony Di Iorio is asked by Nathan Latka when Bitcoin's total market value will overtake the Toronto Stock Exchange.
Prediction Not checkable as stated
Di Iorio: Blockchain Will Be More Important Than the Internet
“I recognized way back when that this is going to be more important than the internet, and that was something that just, it hit me with, okay, wait, you can now move value instantly, globally, for pretty much free, just like you'd move an email.”
Prediction Not checkable as stated
Di Iorio: Blockchains Will Automate Intermediaries in Law, Insurance, and Beyond
“Every other sector that's used to having these third-party intermediaries can now be automated on blockchains, and you're going to see a massive reduction in costs, and you're going to see us trying to figure out how do we make money when the ways of making mo…”
Assertion Supported
Di Iorio: Ether was never meant to be a coin or currency
“It was never meant as a coin or as a currency. It was meant as a fuel or product to incentivize people to contribute resources into the network.”
Assertion Not checkable as stated
Di Iorio: Banks hire crypto consultants but refuse them bank accounts
“You have banks that don't want to set up bank accounts for Bitcoin companies because they're scared. Or they're scared because of the compliance thing. And we're saying, well, you're hiring us banks to consult with you about the technology you're funding compa…”
Prediction Not checkable as stated
Di Iorio: Crypto investors will lose money and blame the technology
“Make sure you are doing your due diligence, speaking to people that do know and getting that advice before jumping in because it's extremely hot, but people are going to lose a lot of money. And when it comes back to it, they're going to get pissed off with th…”
Assertion Partly supported
Di Iorio: Ethereum crowdsale raised $18M as largest crowdfunded project
“I bootstrapped Ethereum Before we did the crowd sale where we raised eighteen million dollars at the time became the largest crowd funded project of all time.”