Best quotes by Olaf Carlson-Wee on Bitcoin

Checkout quotes by Olaf Carlson-Wee on Bitcoin

• ‟ 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.

  - Olaf Carlson-Wee
  

• ‟ 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.

  - Olaf Carlson-Wee
  

• ‟ 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.

  - Olaf Carlson-Wee
  

• ‟ I've been through a lot of moments when other people thought Bitcoin was going to implode, and in those instances, I generally have seen through inaccurate coverage of it.

  - Olaf Carlson-Wee
  

• ‟ There will be many types of assets codified into the blockchain, and they are all not just going to be on the bitcoin blockchain - it's going to be a number of different assets here. And the best way to invest in that is a diversified portfolio.

  - Olaf Carlson-Wee