Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly.
I was born in China, grew up in Canada, worked in Japan, and built a company with no headquarters that operates everywhere. I am not from anywhere. I am from the internet. Binance is from the internet.
Permissionless means anyone can list a token. That includes scammers. But the alternative — a gatekeeper who decides what you're allowed to trade — is worse. Freedom has costs.
Decentralization is not a technology. It is a philosophy. No single entity should control how people communicate or move money.
Decentralized moderation is the hardest problem in social media. We are solving it with composable moderation — layers of filters that users and communities control.
The internet was built to be decentralized and free. Telegram is one of the last platforms that still believes in that original promise.
The problem with social media is not the content. It is that one company controls the algorithm, the data, and the rules. We are changing that.
We started in Copenhagen. Now DAI is used in 100 countries. Decentralized money does not have a headquarters.
Decentralization is not a destination. It is a process. We are not decentralized enough yet. We know that. We are working on it.
DAI does not need a CEO or a board. It needs good code and engaged token holders. That is the experiment.
Decentralized governance is messy. Slow. Frustrating. It is also the only governance model that cannot be captured.
I believe crypto is here to stay. It gives people a way to participate in the financial system independent of traditional institutions.
The beauty of crypto is that you can build financial systems that don't require trust in any single institution.
Decentralization works. Give good managers autonomy and judge them on results.
Uniswap has no CEO, no board, no headquarters. Just code running on Ethereum. That's the whole point.
$20 billion in deposits. No bank accounts. No branches. No bankers. Just code on Ethereum.
Crypto is volatile, but the underlying technology of decentralized networks is the most important innovation since the internet.
I moved to a village because I wanted to prove that great technology can be built anywhere. You do not need Silicon Valley.
I coined the term Web3 because I believe the next internet should be decentralized. Users should own their data.
Decentralized AI is the only way to prevent the technology from becoming a tool of control rather than liberation.
I'm not a crypto native, I'm really a tech investor, so I don't believe in decentralization for the sake of decentralization.
Governance should belong to the people who use the protocol, not the team that built it.