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Communications of the ACM

ACM Opinion

Why One of Ethereum's Cofounders Is Walking Away from Crypto


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Anthony Di Iorio

"It's a global economy. It's a global space. And those [countries] that embrace [crypto] and understand it will do better. Those that are trying to [regulate it] based on fear, or trying to restrict it in the way that they've always done, are going to be in for a surprise down the road."

Anthony Di Iorio made a habit of getting in on new crypto projects early and often, but now, the 46-year-old Canadian entrepreneur is walking away from the crypto space altogether. He's selling his stake in both the Toronto-based blockchain-focused accelerator Decentral and the Jaxx crypto wallet app it produced. He says he's focusing on new projects, including philanthropy, well outside of the crypto realm that made him famous.

In an interview, Di Iorio discusses the rise of crypto, the big changes coming to Ethereum, government regulation, risk, and his reasons—including his personal safety—for leaving the scene.

From Fast Company
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