What’s ahead for crypto: thoughts from Naval Ravikant & Sep Kamvar

C Labs
C Labs
Dec 31, 2018 · 3 min read

“When new technology comes out, there is a lot of hype. It takes decades to live up to hype.” — Naval

In the shadow of Wall Street

Blockchain provides digital scarcity

Five features of money

Fairer distribution to gain adoption

Final Reflections

“The opportunity for new stories to arise. There is some competition amongst those new stories. The old story doesn’t have the same power but the new story doesn’t exist yet. This is our potential right now as a field, to tell beautiful stories and build technologies that align with the stories. The stories that lead to the most posterity for all will lead to the most beautiful [world] for all.” — Sep

“In crypto, you can just put your head down and you don’t have to watch the stock ticker everyday. And build something that was not possible [because the] technology didn’t exist a decade ago. Build something new, like the internet, when the rest of the normal economy was suffering. These are the things that people can’t live without. But it will take a decade. There is a weird combo of governance, and economics, and technology — once you really get into it, you can’t see the world any other way. The build stage could last 3 years, 5 years, 10 years. I have a high inclination there will be a financial reward at the end.” — Naval


About Celo


Celo

Celo is an open platform that makes financial tools accessible to anyone with a mobile phone. Visit celo.org for info on the community, team, and technology.

C Labs

Written by

C Labs

C Labs is the team working on Celo. Celo is an open platform that makes financial tools accessible to anyone with a mobile phone.

Celo

Celo

Celo is an open platform that makes financial tools accessible to anyone with a mobile phone. Visit celo.org for info on the community, team, and technology.