Currency Quotes by Olaf Carlson-Wee

In a world with many blockchains and hundreds of tradable tokens built on top of them, entire industries are automated through software, venture capital…

— Olaf Carlson-Wee

This is unproven technology, and if you don't know what you're doing, you shouldn't interact with tokens - from an investor and security perspective.

— Olaf Carlson-Wee

For the first time, entrepreneurs can monetize their own open-source and peer-to-peer network. They can crowdfund and raise money from people across the world…

— Olaf Carlson-Wee

Application-specific tokens, or app-tokens, are built on top of existing general-purpose blockchains like Bitcoin and Ethereum. For the first time, open-source project creators can…

— Olaf Carlson-Wee

There will be many types of assets codified into the blockchain, and they are all not just going to be on the bitcoin blockchain…

— Olaf Carlson-Wee

It doesn't always make sense to have a token on the blockchain that is both useful and represents ownership - it has to be…

— Olaf Carlson-Wee

Taxes have been complicated. Every single time I spend a Bitcoin, it's a taxable event. It's like I bought and sold an asset. It…

— Olaf Carlson-Wee

If the Numerai fund performs well, that should lead to more assets under management, which should lead to more revenue for Numerai's general partner,…

— Olaf Carlson-Wee

I've been through a lot of moments when other people thought Bitcoin was going to implode, and in those instances, I generally have seen…

— Olaf Carlson-Wee

We are seeing more managed money and, to an extent, institutional money entering the space. Anecdotally speaking, I know of many people who are…

— Olaf Carlson-Wee

We are seeing entrepreneurs issuing their own blockchain-based tokens to raise money for their networks, sidestepping the traditional, exclusive world of venture capital altogether.…

— Olaf Carlson-Wee

Polychain is investing in blockchain assets. We do not invest in private companies or hold shares in private companies. We invest purely in tokens…

— Olaf Carlson-Wee

When decentralized blockchain protocols start displacing the centralized web services that dominate the current Internet, we'll start to see real internet-based sovereignty. The future…

— Olaf Carlson-Wee

I think the technology will get bigger and the price of Bitcoin will go up, so I'm speculating to increase my purchasing power. But…

— Olaf Carlson-Wee

Polychain manages a hedge fund that invests exclusively in digital assets. We invest exclusively in protocols, not companies, and we do this by investing…

— Olaf Carlson-Wee