William Mougayar Quotes

William Mougayar
Canadian Businessman
Blockchain Business Internet Own Will You
Related authors: Craig Bruce Garrett Camp Guy Laliberte Maurice Strong N. Murray Edwards Ryan Holmes Tobias Lutke
The blockchain cannot be described just as a revolution. It is a tsunami-like phenomenon, slowly advancing and gradually enveloping everything along its way by the force of its progression. William Mougayar
Blockchain Revolution Progression Everything Way Slowly Advancing Along Force Gradually Just Cannot Phenomenon
I'm looking forward to seeing more ICO projects provide increased clarity about the performance metrics expectations they plan to exhibit during their future adult lives in addition to the assumptive utility of that token they are selling. William Mougayar
Future Looking Increased Addition Projects Clarity Seeing About More Adult Performance Looking Forward Exhibit Provide Selling Expectations ICO Plan Token Forward Utility Lives
If you haven't used Bitcoin first-hand, you may not get the inherent advantage of a quicker appreciation and understanding of its potential. Seeing assets move swiftly without intermediaries is an eye opening experience, and that is just a starting point. William Mougayar
You Appreciation Experience Bitcoin Understanding Eye Seeing Potential Point Advantage Opening Without First-Hand Quicker Get May Move Just Inherent Used Swiftly Assets Starting Starting Point
You have to think of the blockchain as a new utility. It is a new utility network for moving value, moving assets. William Mougayar
You Value Blockchain Think Network New Moving Utility Assets
The blockchain is custom-made for decentralizing trust and exchanging assets without central intermediaries. With the decentralization of trust, we will be able to exchange anything we own and challenge existing trusted authorities and custodians that typically held the keys to accessing our assets or verifying their authenticity. William Mougayar
Trust Challenge Will Blockchain Own Keys Our Able Exchange Exchanging Without Verifying Existing Trusted Authenticity Authorities Anything Central Custodian Held Assets
As much as one would like to think that what China does doesn't matter, the reality is that when China sneezes at crypto, the rest of the world catches the cold. William Mougayar
Reality World Matter Rest Think Cold Would Like Crypto Does China Much
My advice to many ICOs is to start reading about startups and focus on the product, customer, and market as soon as the sale is over. And don't get distracted by post-ICO euphoria and the price of ETH or BTC. William Mougayar
Focus Advice Reading Startups Market Distracted About Price Soon Over Sale Get Customer Product Euphoria Many Start
In the blockchain world, each user can and should own their data, and 'central' players are less vulnerable to data losses and breaches. William Mougayar
World Blockchain Own Data Vulnerable Losses Central Should Less User Each Players
If blockchain technologies ignore the eventuality of standards, we are going to see less adoption. Maybe we should think of the blockchain as a public-good utility and encourage an evolution that is not unlike the Internet's in terms of openness and neutrality of access. William Mougayar
Internet Neutrality Blockchain Think Unlike Evolution See Adoption Openness Terms Access Encourage Going Maybe Should Ignore Less Standards Utility Technologies
There is a new economy out there, what I call the Crypto-Tech Economy, that could be as big, if not bigger, than the web economy. So we have to be prepared for it. William Mougayar
Big Out Be Prepared Web Could New Economy Call Than Bigger Prepared
The world is preoccupied with dissecting, analyzing and prognosticating on the blockchain's future; technologists, entrepreneurs, and enterprises are wondering if it is to be considered vitamin or poison. William Mougayar
Future World Poison Blockchain Analyzing Considered Enterprises Entrepreneurs Wondering Preoccupied Dissecting
A new DAO is like a startup. It requires a product/market fit, business model realization, and a lot of users/customers. William Mougayar
Business Startup New Like Lot Fit Model Realization Business Model Requires
Owning a token bestows a right that results in product usage, a governance action, a given contribution, voting, or plain access to the product or market. William Mougayar
Voting Action Market Given Results Access Governance Contribution Owning Plain Product Usage Token Right
Many regulators are quick to apply existing compliance practices that treat tokens as a security, therefore elevating the barriers and costs of implementation for entrepreneurs. William Mougayar
Treat Compliance Security Costs Entrepreneurs Implementation Practices Existing Quick Barriers Many Therefore Elevating Apply
Tokens should not be listed before the start of the operations on the network, platform, or application. This is where many ICO's seem to have lost their ways, and that's risky. William Mougayar
Lost Before Ways Seem Network Risky Operations Listed Where ICO Should Many Platform Application Start
When (not if) regulators start looking at ICO deals they might want to investigate, they will likely start with the ones that exhibit weaknesses. William Mougayar
Will Looking Weaknesses Investigate Likely Deals Exhibit Want ICO Might Start
Government leaders should get up to speed on the blockchain by understanding it first and committing to exploring its potential. William Mougayar
Government First Understanding Blockchain Speed Potential Leaders Up Get Committing Should Exploring
ICOs cannot escape startup evolution characteristics. This means that their growth will be hard fought, hard earned, and hardly a walk in the park. William Mougayar
Walk Will Startup Earned Characteristics Evolution Park Escape Cannot Means Hard Fought Growth Hardly
In my opinion, one of the most exciting potentials of the blockchain relate to creating new business models, whether in public or in private settings. In most of these cases, the new models don't care for incumbents because they are mostly on a disruption quest. William Mougayar
Business Care Blockchain Relate Settings Cases Exciting New Most New Business Mostly Because Opinion Private Quest dont Care Models In My Opinion Whether Public Creating Disruption
Few incumbents will succeed in deploying blockchain applications to enable new business models. The innovator's dilemma will prevail. Even if they aspire to, they must first get their feet wet within their business boundaries. William Mougayar
Prevail Business Will First Blockchain Few Innovator Dilemma Must Boundaries New Feet New Business Within Enable Wet Get Models Deploying Succeed Aspire Even Applications
The blockchain start-ups that have done ICOs are just at the beginning of something. Ask me how they are doing in a year or two years from now. I know for a fact it won't be any different from the statistics of all start-ups: 80% of them will not make it. William Mougayar
Me Will Year Blockchain Beginning Statistics Something Fact Know Make How Doing Years Any Done Just Different Them Ask Now Two
Big companies do not want to disrupt themselves. All they want to do is improve themselves. They see the blockchain as another IT project. It's going to save money; it's going improve a process here and there. It's not going to change their business. William Mougayar
Business Change Money Big Blockchain Project See Another Big Companies Improve Going Want Process Themselves Companies Here Disrupt Save
Crowdsourced funding via cryptocurrencies is a viable practice. A lot of good ideas and innovative companies are coming out of it. This segment is creating thousands of jobs and companies all over the world. William Mougayar
Good World Practice Good Ideas Innovative Out Jobs Thousands Segment Over Ideas Coming Lot Via Viable Creating Companies Funding
In the increasingly digital world, data is a valuable currency, yet as consumers, we control and own little of it. As consumers, we must ask what big companies do with our data, a question directed to both the online and traditional ones. William Mougayar
World Digital Valuable Big Own Control Increasingly Digital World Our Must Directed Data Online Both Consumers Big Companies Traditional Question Currency Little Ask Companies
An aftermath of real failures can make the whole blockchain ecosystem more resilient because it will result in revealing the boundaries and realities of what's possible, useful, absurd, impossible, repeatable, and scalable out of everything that appears plausible and innovative at the beginning. William Mougayar
Result Impossible Will Blockchain Beginning Innovative Everything Out Possible More Absurd Boundaries Failures Ecosystem Make Because Revealing Real Aftermath Realities Useful Whole Appears Plausible Resilient
How do we create new value? You create value by running services on the blockchain. William Mougayar
You Value Blockchain Running New How Create Services
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