It's like the American democratic system. When you vote, even if your candidate doesn't win, you accept that democracy was in action. When people participate in a Tezos network, they're accepting that the democratic vote of the other coin holders will govern the way the protocol moves.

VCs are used to being the gatekeepers of capital. There's this old narrative of entrepreneurs going hat in hand begging VCs for money. That absolutely is not the world we're in anymore.

We are seeing more managed money and, to an extent, institutional money entering the space. Anecdotally speaking, I know of many people who are working at hedge funds or other investment managers who are trading cryptocurrency personally, the question is, when do people start doing it with their firms and funds?

We are seeing entrepreneurs issuing their own blockchain-based tokens to raise money for their networks, sidestepping the traditional, exclusive world of venture capital altogether. The importance of this cannot be overstated - in this new world, there are no companies, just protocols.

I literally worked at research labs where the staff really tried to steer management away from the modern technology that was actually better.

Without competition, the spectacular development of technology that we have seen in the last one hundred years in this country would not have happened.

I think what AEW has done on social media is impressive. I think the amount of interest they've garnered is impressive.

If I see anything remotely like a telcom-run faster internet that you have to pay more to get preferential traffic on, I'm out folks. I've seen this story before, I ran an ISP back in the late 90s.