Accountability is not a dirty word. Management teams that resist accountability are almost always hiding something — usually mediocrity.
They fired me over alleged financial irregularities. I deny every accusation. But the company is dead now and the truth is somewhere in between what anyone is saying publicly.
GHO is not just another stablecoin. It is a stablecoin governed by the people who use it. Decentralized money for a decentralized world.
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.
Good governance in emerging markets is not a nice-to-have. It is the single best predictor of returns.
Transparency and accountability are not optional. They are the foundation of good governance.
Someone needs to be the safety layer for enterprise AI. That's a less sexy but more durable business.
I have invested more in Chukotka than any government program ever did. Sometimes you have to spend your own money on things governments won't.
Good governance is not charity. It's the foundation of everything — business, health, education, security. Without it, nothing works.
The prize is $5 million plus $200,000 a year for life. Some years, nobody qualifies. That tells you everything about African governance.
I built a company that processed $30 billion in payments. Then I got fired from it. That's startup life in India.
My compensation is aligned with shareholder returns. If the stock goes up, I get paid. If it doesn’t, I don’t. That’s fair.
The board takes its responsibilities seriously. We will always prioritize the long-term mission of OpenAI.
The thing I regret most is not being clearer earlier about our neutrality policy. It took years to get the culture right, and we lost a lot of good editors to flame wars in the meantime.
The question is not whether powerful AI gets built. The question is who builds it and with what values.
I don't think any one company should control the future of AI. Open models are not just technically better — they're safer for humanity.
Decentralized AI is the only way to prevent the technology from becoming a tool of control rather than liberation.
They are not equipped to keep and hold individual companies, management teams accountable.
With blockchains emerging as the new global infrastructure, we have the opportunity to create vastly different power structures and program the future we want for ourselves.
As a result, I believe governance is the most vital problem in the space.
My strong hope is out of this bear market, we will get much more robust solutions so that we can get rid of this multi-sig problem, and come out into the next bull market with a much more reasonable governance framework.
At the crux of the matter is how do we ensure that token holders, the people who own the project, the people who control the project, the people who should be making the decisions, are able to very clearly express their preferences as to what should happen within the project.
Governance just gets thrown out the window during a bull market, right?
Governance should belong to the people who use the protocol, not the team that built it.