Ethereum co-founder and ConsenSys CEO Joe Lubin has said that with blockchain, society will move "From a scarcity to an abundance mindset," in a New York Times interview published Nov. 12.
Lubin made his remarks at the NYT's International Luxury Conference at the Intercontinental Hotel in Hong Kong, which runs Nov. 12-13 and brings together speakers that include the CEO of fashion brand Balenciaga, the president of Alibaba Group, and the CEO of luxury coat producer Moncler.
"We are going to to be more in control of our identity and our agency on these different decentralized networks and I think that's going to create more wealth more interest in expressing ourselves, and I think there will be more appetite for luxury than less."
Lubin's comments last week on the present development of blockchain ecosystems - which he compared to the growth of the Internet - cast some light on his perspective that the technology's disintermediation and decentralization can help to spur innovation across all levels of society and the economy by "Enabl[ing] a self-determined, sovereign identity."
This summer, Lubin outlined the processes of wealth generation in the new tokenized economy, noting that he has noticed a "Qualitative shift in the nature of money" that has moved society towards a world of "Global villages."
Ethereum's Joe Lubin: Blockchain Will Help to Create More Wealth
gepubliceerd op Nov 12, 2018
by Cointele | gepubliceerd op Coinage
Coinage
Vermeld in dit artikel
Recent nieuws
Alles zien
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.