Author: Connor Dempsey

Compiled by: Jia Huan, ChainCatcher

The crypto revolution has indeed happened. It’s just completely different from what was initially expected.

When I first entered the industry in 2017, the consensus was that this technology would change everything.

Government-issued fiat currencies will be replaced by decentralized currencies. Blockchain will eliminate rent-seeking intermediaries in every transaction. Power will shift from corporations to users.

Almost none of these things happened. But other things did happen.

To date, I have worked at four crypto companies for eight years: @circle, @MessariCrypto, @coinbase, and @crossmint.

I’ve witnessed this asset class balloon from less than $1 billion to over $4 trillion,…