People understand that once blockchain matures, we’ll be able to build things that will radically transform human life for the better. And people like to jump into things like that. We’ve seem irrational exuberance in the price of Blockchain-based currency and tokens, and a correction to that. Cryptocurrencies will be important and interesting in our society, but they’re only a narrow slice of what blockchain can do.
Joseph Lubin founded and co-founded several companies including the Swiss-based Ethereum, a decentralized cryptocurrency platform. With his latest company ConsenSys, Lubin’s aim is to develop the next stage of the Internet, which he refers to as Web 3.0.