The second largest cryptocurrency by market capitalization has been on a large run this year alone. Joe Lubin, one of the eight co-founders of the blockchain-based ethereum platform has stated that having a low amount of ego helps to grow investment strategies given the low amount of emotional input. Lubin stated that “Buterin does a really good job sourcing input from many different classes of actors in the space.
He weighs that input as well as he can and makes decisions when he feels like he’s heard as many voices as is necessary.” Lubin stated that the way his team works together is solid, but that there were of course issues along the way. He further stated that “but the overarching goals that we all held for the project, decentralization in general, has enabled us to work effectively and keep us in sync.”
The investor focuses mostly on ConsenSys, a Brooklyn-baed software production studio that he founded. This has become a large part of the ethereum project. He stated that “it’s an open-source project so anybody can show up and get up to speed and contribute.” Before he got into the cryptocurrency space, Lubin worked as a software engineer and technology executive for banking. He stated that “it’s an open-source project so anybody can show up and get up to speed and contribute.” Lubin has undoubtedly become slightly disappointed in how the market is structured as of right now.
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He stated that he has grown disenchanted with how the current state of monetary systems are going. The hopes are high that the cryptocurrency market will help to change that of the world banking system as a digital space that can likely effect financial markets across industries.