The blockchain world has caught the attention of a number of influential figures in the technological and financial world. These leaders not only expressed their interest, but also took active steps to improve and integrate technology into their domains.
Dan Schulman: The man at the helm of PayPal and its Web3 journey
Dan Schulman, current CEO of PayPal has a rich history in the business world, having led companies such as American Express, Virgin Mobile USA and Priceline.com
PayPal’s Web3 integration
PayPal not only introduced Web3 trading features but also launched their own stablecoin this week, further highlighting their commitment to the industry. This stablecoin was long awaited and went live this week.
Schulman sees blockchain as a tool to promote financial inclusion, especially in areas without access to traditional banking services, this particularly because it is a borderless system allowing anyone to participate and the transparent nature of blockchain prevents many instances of corruption.
New CEO of PayPal: Alex Chriss
Alex Chriss is known as an influential player in the technology and financial sectors. Starting Sept. 27, 2023, he will assume the role of CEO at PayPal. Prior to this appointment, Chriss enjoyed an impressive 19-year career at Intuit, where he served as executive vice president and general manager responsible for both QuickBooks accounting software and Mailchimp marketing software. Outside of his professional career, Chriss is also a pioneer in the Web3 world, given his private business that he started a decade ago.
I just sold 2 bitcoin with @Coinbase! best ROI EVER!!!!!!!!
— Alex Chriss (@acce) April 9, 2013
Michael Saylor: The driving force behind MicroStrategy’s Bitcoin adventure
Michael Saylor’s name has become synonymous with institutional Bitcoin investments after his company bought and continues to buy billions in bitcoin.
His vision of blockchain
Saylor believes blockchain can start a revolution in the way businesses operate, especially in the areas of transparency and security. By using blockchain technology, he believes there is much to be gained.
One of his most quoted statements is, “Bitcoin is not just an asset, it is a movement.” He sees it as a means of storing value for the long term.
Marc Andreessen: From Mosaic to Silicon Valley’s Web3 believer
Marc Andreessen has a rich history of technological innovations to his credit.
Influence in Silicon Valley
His firm, Andreessen Horowitz, has invested in numerous blockchain startups, highlighting his belief in the technology.
His take on blockchain
Andreessen sees blockchain as a technology that has the potential to reduce the power of central authorities and give more control to individuals.
Pioneer of the Web
In addition to his investments in the Web3 vision, Andreessen is a pioneer in the world of the Internet. During the Web1 era (1993), he and his business partner wrote one of the first commercial Web browsers, playing a crucial role in the technical evolution of the Web.
Larry Fink: BlackRock’s view on Bitcoin
Larry Fink, CEO of BlackRock, has expressed mixed feelings about Web3, but cannot ignore its impact on the financial world.
BlackRock’s approach to Web3
Under Fink’s leadership, BlackRock has experimented with Bitcoin futures and researched other Web3 assets. It recently applied to the SEC to launch its own Bitcoin ETF, which is a big step since no party has succeeded before so far. So far, they have 575 applications made, of which only 1 was denied. The question is not whether this will work, but when it will work.
Fink’s personal opinion
Although skeptical in the past, Fink acknowledged that blockchain “can have a structural impact on the financial world.”
BlackRock continues to monitor the industry closely and is considering further investments and integrations.
Jack Dorsey: The man behind Twitter and his belief in blockchain
Jack Dorsey, co-founder and ex-CEO of Twitter, has always had a fascination with the world of digital currencies with an emphasis on Bitcoin.
Twitter and Web3
Under his leadership, Twitter has experimented with blockchain integrations. His other company, Square, has not only invested in Bitcoin, but has also introduced a wallet and accompanying services. Square has now been renamed Blocks Inc. and provides everything regarding payment services for entrepreneurs, which in turn is relevant to blockchain, as the name suggests.
In addition, Dorsey’s faith in technology continues and he is stepping in with private wealth in addition to the business ventures. He himself invests mostly in Bitcoin and believes it has the potential to become the primary currency of the Internet and perhaps the world.
From tech giants to financial majors, the influence of blockchain and Web3 is indispensable. These leaders have made their mark on the evolution of these technologies and will likely play a crucial role in the future trajectory. There are of course many other big names like Elon Musk, Nayib Bukele and big leaders at google who have a lot to say on blockchain.
What is Jack Dorsey’s vision for Web3?
Jack sees Bitcoin as the potential currency of the Internet.
How has Michael Saylor contributed to the Web3 world?
Saylor has invested significantly in Bitcoin through MicroStrategy and is actively promoting its use as a store of value.
What are PayPal’s plans regarding Web3?
PayPal has introduced Web3 trading features and recently launched its own stable coin.
How does Marc Andreessen see the future of blockchain?
Andreessen sees blockchain as a means of empowering individuals and reducing central authoritarian power.
What is Larry Fink’s attitude toward Bitcoin?
Fink has mixed feelings, but acknowledges the potential impact of blockchain on the financial world.