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William Mougayar Quotes


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Quotes by William Mougayar

Showing 1-10 of 53 Quotes by William Mougayar

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

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The blockchain symbolizes a shift in power from the centers to the edges of the networks.

~William Mougayar

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If you have your own currency, you have your own governance, so each currency becomes their own mini-government. Mini-government is a big word, but it's a body that is governed in a decentralized manner where users have a say, where there's oversight and transparency.

~William Mougayar

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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

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The old question 'Is it in the database?' will be replaced by 'Is it on the blockchain?'

~William Mougayar

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How do we create new value? You create value by running services on the blockchain.

~William Mougayar

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Study how to write smart contracts, which is the basic unit of programming a blockchain for business purposes. It is the equivalent of being taught HTML and Java during the early Internet days. And master how to create assets or tokenize existing ones on a blockchain.

~William Mougayar

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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

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You have to think of the blockchain as a new utility. It is a new utility network for moving value, moving assets.

~William Mougayar

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As we prepare to enter the cryptoconomy, undoubtedly it looks fuzzy, foggy, risky, buggy, uncertain and unproven, but so did the Internet in 1995.

~William Mougayar

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Biography

Nationality: Canadian

Type: Businessman

Born: Unknown

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