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.

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.

We are seeing more managed money and, to an extent, institutional money entering the space. Anecdotally speaking, I know of many people who are working at hedge funds or other investment managers who are trading cryptocurrency personally, the question is, when do people start doing it with their firms and funds?

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. The importance of this cannot be overstated - in this new world, there are no companies, just protocols.

On the other hand, there would be some value in different folks getting together to share expertise and technology; but to the listener, it wouldn't necessarily seem like a single station in the traditional sense.

21st-century activism is different perhaps in the sense that the individual can be more present in the process, especially via social media, but the underlying drivers remain the same as desire to change the status quo.

I don't do social media of any kind. If I did, I may as well join Scientology.

I'm one of those people who always wanted to be a writer, so I have a fair amount of juvenilia, though fortunately, I was too old for my juvenilia to be on the Internet.