- Nov 07, 2020
William Mougayar Quotes
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- Last Updated on May 30, 2021
- Control
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- Nov 07, 2020
China wants control, and China will get control. That's their default modus operandi. Crypto-Tech is no different than the Internet and Web businesses.
- Mind
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- Nov 07, 2020
If you think about the web, the web has been an incredible development platform, and everything today is developed on the web. In the future, everything is going to be developed with the blockchain in mind.
- Nov 07, 2020
You have to think of the blockchain as a new utility. It is a new utility network for moving value, moving assets.
- Big
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- Nov 07, 2020
There is a new economy out there, what I call the Crypto-Tech Economy, that could be as big, if not bigger, than the web economy. So we have to be prepared for it.
- Money
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- Nov 07, 2020
I am very excited about the prospect of using cryptocurrency, not just as a money equivalent, but using it as a way to earn something as a result of doing some type of work.
- Everything
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- Nov 07, 2020
The blockchain cannot be described just as a revolution. It is a tsunami-like phenomenon, slowly advancing and gradually enveloping everything along its way by the force of its progression.
- Change
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- Nov 07, 2020
Blockchain infiltration will be met with resistance because it is an extreme change.
- Old
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- Nov 07, 2020
The old question 'Is it in the database?' will be replaced by 'Is it on the blockchain?'
- Future
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- Nov 07, 2020
The world is preoccupied with dissecting, analyzing and prognosticating on the blockchain's future; technologists, entrepreneurs, and enterprises are wondering if it is to be considered vitamin or poison.
- Business Model
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- Nov 07, 2020
A new DAO is like a startup. It requires a product/market fit, business model realization, and a lot of users/customers.
- Getting
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- Nov 07, 2020
Just like paying a toll to use a freeway, the token can be the pay-per-use rail for getting on the blockchain infrastructure or for using the product. This also ensures that users have skin in the game.
- Inside
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- Nov 07, 2020
For the first time, companies can be their own payment processors without the cumbersome or costly aspects of traditional financial settlement options. Tokens offer a much lower barrier for processing end-to-end transactions inside a given market.
- Contribution
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- Nov 07, 2020
Owning a token bestows a right that results in product usage, a governance action, a given contribution, voting, or plain access to the product or market.
- Elevating
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- Nov 07, 2020
Many regulators are quick to apply existing compliance practices that treat tokens as a security, therefore elevating the barriers and costs of implementation for entrepreneurs.
- Good
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- Nov 07, 2020
Ideally, it is important to communicate exactly when large amounts of tokens become unlocked and therefore available in public exchanges. It is a good practice to continuously update these exchanges with the right amount of tokens in circulation.
- Looking
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- Nov 07, 2020