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.

If you look back through history, you'll see that God, in any form - Jesus, Buddha, Mohammed - has always wanted prosperity for everyone. There was a recognition of the need to integrate our material and spiritual lives. But that message was distorted by various leaders with their own agendas.

Most CEOs walk around the office like we own the place, without realizing that the place itself isn't worth owning: a business's value comes from the people who walk out the door every night, who have to decide each morning whether to walk back in. One of the simplest things you can do as a leader is honor their choice and appreciate their work.

Tony Blair has turned his back on the principles he claimed he believed in before he stood shoulder-to-shoulder with George W. Bush. He was an entirely different kind of leader.

I think in national security, the war in Iraq is troublesome and a difficult challenge, but our troops and the military leaders we have are managing that situation, although it continues to be very risky and very dangerous.