Bitcoin Quote by 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 I don't intend to sell the Bitcoin. I intend to hold it until there's a day where I can just use Bitcoin completely.”

Olaf Carlson-Wee

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More 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…

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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.

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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…

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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…

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

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

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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…

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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,…

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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…

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

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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

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

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Explore all 20 Olaf Carlson-Wee quotes

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Calling bitcoin volatile - it's a non-statement. Unregulated assets with unclear regulatory landscapes are always going to be volatile. That's what unregulated assets do.

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