“When decentralized blockchain protocols start displacing the centraliz...” — Olaf Carlson-Wee Quote

“When decentralized blockchain protocols start displacing the centralized web services that dominate the current Internet, we'll start to see real internet-based sovereignty. The future Internet will be decentralized.”

“Taxes have been complicated. Every single time I spend a Bitcoin, it's a taxable event. It's like I bought and sold an asset. It counts as an investment, with a short- or long-term capital gain or loss.”

“Application-specific tokens, or app-tokens, are built on top of existing general-purpose blockchains like Bitcoin and Ethereum. For the first time, open-source project creators can directly monetize their open-source network.”

“It doesn't always make sense to have a token on the blockchain that is both useful and represents ownership - it has to be something where there's a network effect. That's why I cite Facebook as an example of what could be disrupted more so than, say, Amazon - which is bit more centralized and is not exactly a network of users in the same way.”

“We're working on making sure that our incentives are in place and that our legislation promotes crypto and blockchain and is forward-thinking. We want to make sure that we're creating as much of an equity framework from an educational perspective as we possibly can.”