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.

The Internet is part of my job, so I have to approach it with a level of professionalism. I don't necessarily think it's changed who I am, but if anything, it's impacted the opportunities that have come into my life and the people that I've been able to develop relationships with - which I'm very fortunate and thankful for.

You're talking about a younger generation, Generation Y, whose interpersonal communication skills are different from Generation X. The younger generation is more comfortable saying something through a digital mechanism than even face to face.

Beginning in the Clinton administration, there was, for nearly two decades, a broad bipartisan consensus that the best Internet policy was light-touch regulation - rules that promoted competition and kept the Internet 'unfettered by federal or state regulation.' Under this policy, a free and open Internet flourished.

Technology is destructive only in the hands of people who do not realize that they are one and the same process as the universe.