Ethereum co-founder Anthony Di Iorio clarifies the architectural purpose and original intent behind Ether during a discussion on crypto terminology.
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.”
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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…”
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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 hopes Bitcoin passes TSX market cap in under a decade
“I'm hoping less than a decade.”
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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.”