Security tokens are going to give birth to a quadrillion dollar market. This is because we will see the tokenization of the world's fiat money, debt market, real estate, equities, and art.
Over the next decade, there will be disruption as significant as the Internet was for publishing, where blockchain is going to disrupt dozens of industries, one being capital markets and Wall Street.
I think most of the ICOs you're seeing are not real token use cases. They're really securities, so I think the SEC should regulate that.
Can we all please - I don't want anybody buying cryptocurrencies, okay? Stop it. Enough already. Or buy Bitcoin, don't buy Ethereum.
The main event isn't bitcoin. It's using the blockchain to disrupt other industries and Wall Street.
Cryptocurrencies will create a fifth protocol layer powering the next generation of the Internet.
I love this stuff - bitcoin, ethereum, blockchain technology - and what the future holds.
I've been all over meeting government ministers and such in Caribbean financial circles. There's a small blockchain movement in the Caribbean. They've been quite a bit more advanced than you might've imagined.
The earliest adopters at scale of crypto were gamers.
We believe existing currencies may move into becoming more of a crypto-currency.
I had been exposed to bitcoin early. I thought the consumer application of it felt, to me, further away. I thought there would be faster adoption of the blockchain in the enterprise space and with banks.
Whatever happens to bitcoin, other cryptocurrencies are gaining ground and more respect. Ethereum, for instance, has far more transparency.
Digital currency is now a misnomer for Bitcoin. It can be used as currency, but it can be used for many things.
I've been an entrepreneur and venture capitalist in the cryptocurrency industry for a long time, working with numerous projects.
It's clear to me now that Ethereum is the new currency of the Internet. It's way ahead of where Paypal was in its day, and it's much more exciting to its customers than Paypal ever was.
Before I went to prison, there were not really many blockchain products. It was only bitcoin.
Take a very small amount of money, your throwaway money, treat it as if it's already gone, you've mentally set it on fire, and put it in some distribution of a few truly legit layer 1 blockchains.
At GDAX, we want to see new protocols and their tokens flourish.
You'll be using digital currency. I think really what will happen is you'll use a combination of bitcoin, ether, your devices, the 'Internet of Things.' We've got billions of devices coming online.
As I was looking around, to me, what was happening in the blockchain and crypto world was a movement.
