Phrase by 'Olaf Carlson-Wee'

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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 counts as an investment, with a short- or long-term capital gain or loss.

Author: Olaf Carlson-Wee - American Businessman
  Time , Short , Complicated , Loss


For the first time, open source, peer-to-peer protocol developers can monetize their project on a protocol level.

Author: Olaf Carlson-Wee - American Businessman
  Time , First , Project , First Time


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 directly monetize their open-source network.

Author: Olaf Carlson-Wee - American Businessman
  Time , Like , Top , First Time


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.

Author: Olaf Carlson-Wee - American Businessman
  You , Know , Perspective , Technology


If you want to buy $10 of Ethereum and poke around with smart contracts, I encourage that. But use it as a technology, not as an investment, unless you know what you're doing.

Author: Olaf Carlson-Wee - American Businessman
  You , Know , Smart , Technology


It's like the American democratic system. When you vote, even if your candidate doesn't win, you accept that democracy was in action. When people participate in a Tezos network, they're accepting that the democratic vote of the other coin holders will govern the way the protocol moves.

Author: Olaf Carlson-Wee - American Businessman
  You , People , Democracy , Win


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, which should lead to higher payouts for the data scientists, which implies a higher Numeraire valuation.

Author: Olaf Carlson-Wee - American Businessman
  More , Management , Data , Partner


Polychain is investing in blockchain assets. We do not invest in private companies or hold shares in private companies. We invest purely in tokens or digital assets, and those include assets that people are familiar with, like bitcoin and ethereum, as well as very early-stage projects.

Author: Olaf Carlson-Wee - American Businessman
  People , Like , Digital , Blockchain


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 on the Internet in crypto-currency.

Author: Olaf Carlson-Wee - American Businessman
  People , Time , World , Money


VCs are used to being the gatekeepers of capital. There's this old narrative of entrepreneurs going hat in hand begging VCs for money. That absolutely is not the world we're in anymore.

Author: Olaf Carlson-Wee - American Businessman
  Being , World , Money , Hat


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