A note from Daniel

Incumbents are opening themselves to disruption yet again. Few big companies have taken blockchains and tokens seriously to date, unlike what they've done with Al and VR. Established players don't recognize their significance. In the years since Bitcoin and Ethereum debuted, only one tech giant has made a real run at tokens. Meta started a blockchain project called Diem, formerly Libra, in 2019. Two years later the company sold off its assets and shut down its related digital wallet product, Novi. It's no coinci-dence, in my view, that Meta also happens to be the only Big Tech company still led by its founder. It takes a visionary to even try to buck convention.

Daniel Read Write Own, page 84 · March 3, 2024 Save to shelf
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