Tuesday, December 5, 2023

CoinDesk Had a ‘Stash’ of BTC, and Different Tales Instructed by Consensus OG Joon Ian Wong

I by no means would have thought Vitalik might have turn into fairly the icon that he’s as we speak. Or that Katie Haun could be one of the crucial profitable VCs of all time. And even that Arthur Hayes would have this redemption narrative. For most individuals I feel it could have been fairly troublesome to foretell the place they ended up as we speak. Maybe even Brian Armstrong. This isn’t instantly CoinDesk associated, however I interviewed him in 2014 when he got here to London as a part of this massive Coinbase world tour. You need to keep in mind Coinbase began out as a pockets, competing with the Blockchain Dot Data. There was no trade enterprise. I feel it was the world tour after they pivoted to turn into a brokerage. We had the interview close to the CoinDesk workplace in Fitzrovia in London, after which that night there was this very long-running meetup referred to as Coin Scrum, which has been operating since 2013, at a bar in East London close to the place I dwell. It was a packed home. You recognize, Brian Armstrong is gonna come and discuss to us (even again then Coinbase was one of many better-funded startups). So he gave his discuss and I keep in mind a band of individuals got here into the bar led by Amir Taaki [who, at the time, was one of the most prominent Bitcoin Core developers] and began heckling him. You recognize, “you are centralized.” “You’re fiat.” There have been three or 4 of those guys, who I feel all lived in the identical East London squat, shouting at him from the gang. Even again then, he was very even-tempered. He was making an attempt to answer them level by level. However he sort of received drowned out. There’s this form of endearing picture of the house again then. I simply do not assume you will ever see Brian Armstrong and Amir Taaki in the identical room ever once more. Individuals like Gavin Wooden or Vitalik, they might go to those meetups and bars and attempt to persuade folks that their factor – Ethereum, no matter – was this nice, great factor. You’d have a motley crew of individuals listening to them. And from these impossible beginnings, you’ve got sort of these quote unquote company titans of the day.

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