When did you decide that you wanted to become an entrepreneur?
I never decided to become an entrepreneur, it was my natural way to create cool things that I wanted to see in my world. I always admired people that create things out of nowhere, and I have a lot of fun creating new things, thinking and brainstorming new ideas. I’m a very curious person and I ended up doing things on my way to understand how they worked.
Does your family support you in your efforts? How?
Absolutely. My family is always very supportive with my ideas. I have great parents and my brother is also my best friend. I also have great friends and I always count them as my family too. I’m very lucky to have a great family and I do my best effort to don’t take it for granted.
What message would you send to inspire all the other entrepreneurs out there who look up to you?
I hope they find the strength to have the courage to be themselves, because the things they’ll create with their own authenticity are going to be unique, and the world always needs entrepreneurs with new ideas. But that’s very cliché, so let’s try again… Try to find your own motivation, because we are all moved by different things. For some people, it is about helping the world but for others may be creating something beautiful, and I believe they are all so valid. That’s still cliché but a little bit better.
What do you understand about the crypto industry that other people don’t understand?
I like to think that I’m good at connecting the dots in a new industry. Many people tell me that I can see patterns others can’t see 8and maybe that gives me sort of an edge to see where things are moving. I talk to many different people in my daily basis, from VCs, daytraders, founders, developers, people who know the industry really well but don’t invest, people who moving from finance into crypto… I like to keep updated not only from the inside but from the outside too. I love to listen founders talking about their visions of the world but also listen to daytraders and see what they like or hate about the companies I work with. I don’t limit my social circles, because I like to see the industry from many different perspectives. The movement is bigger than investors or startups only. This is way bigger. I’m so lucky to meet so many people with different personalities, talents and visions of the future and to me, it’s really a privilege to work with some of the brightest minds in the industry.
— Brian Condenanza (@briancondenanza) June 24, 2018
What trends do you see emerging in blockchain and cryptocurrency in the next 5-10 years?
The world is going to be tokenized. The changes that we will see in blockchain and cryptocurrencies will alter our world, but in my vision, it’s going to be more integrated to other technologies as well. Many people see cryptocurrencies as the biggest transfer of wealth to a different generation. I’m not so interested about that aspect. I want to see real disruption that helps our society to be more fair, with more access to opportunities and a world with less inequality and poverty. We will have a different financial system. Some people are very scared of this but I believe it will be for the best, it is really up to us to create and reinvent a new system that works well for everyone.
Recently, the New York Times reported that Brock Pierce and other Bitcoin Billionaires are looking to create a Crypto Utopia in Puerto Rico. What do you think of his plan to create the first Cryptocurrency bank on the island?
Many Puerto Ricans don’t like this idea and I definitely understand that. They went through a lot and so they are afraid of bringing a whole new, revolutionary industry into their island. I think that Puerto Rico should seize this unique opportunity. This is a special time in history, and even when we are moving to a world that’s more decentralized in every aspect, we will still have crypto hubs around the world, and the citizens from these populations will definitely enjoy many of the benefits. For blockchain entrepreneurs, Puerto Rico offers an unparalleled tax incentive: no federal income taxes, no capital gains tax and favorable business taxes without having to renounce American citizenship.
Do you think we will see more crypto investors moving to the Caribbean?
Absolutely, many are moving to the Caribbean in a way or another. It is a beautiful place with great people, and I see many blockchain entrepreneur with good intentions moving their operations there. I believe that it makes a lot of sense, both from a business side and as a social movement too. Although, I like to think more in terms of mass adoption, and location has a lot to do with that, but in my opinion it isn’t so important where the companies are based if the local population doesn’t use it. I am not so interested in articles of incorporations, I want to see more pioneers in these locations, because they know their problems better than what we think we can understand them.
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