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Fred Wilson
@fredwilson
I am a VC
New York City
Born August 20
Joined March 2007
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    Twitter is too important to be owned and controlled by a single person. The opposite should be happening. Twitter should be decentralized as a protocol that powers an ecosystem of communication products and services.
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    My son and I just did some math. If the NCAA paid 20% of it's annual NCAA Tournament broadcast revenues pro-rata to every D1 college basketball player on a team roster, each player would make something like $40k a year.
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    "It’s not a fair fight, but it is one, oddly, that the small guy can compete. It might seem ludicrous – DuckDuckGo has 78 employees and Google 114,096 – but often the outcome is the same. For the majority of your searches David, it turns out, is just as good as Goliath."
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    Last night was Twitter at its finest. Anyone who says it is past its prime, irrelevant, and failing is out of their mind.
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    So many CEOs tell me that this is a game changer for them and their companies
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    Replying to @fredwilson
    In 5-10 years when we look back and consider why the next big tech sector centered itself in Asia and not in the US, it will be the SEC's unwillingness to create new rules to regulate new assets that will be the cause
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    1/ It is a bit ironic that GDPR, a regulation to protect our privacy, has resulted in the greatest deluge of spam into my inbox that i can recall
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    Just because you can doesn't mean you should #280
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    When people ask me what they should read to understand crypto, I always suggest they start where it all started with the Satoshi Nakamoto white paper which is ten years old today bitcoin.org/bitcoin.pdf
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    Replying to @Jason @Snap and @Spotify
    The two greatest & most disruptive startups of the last ten years (BTC $40bn & ETH $20bn) did not emanate from SV They represent the future
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    I am so pleased that @jack and the Twitter team are looking into this. Having been there when "we took a different path for reasons that were reasonable at the time", I have long wished that Twitter had been built after Bitcoin not before it
    Replying to @jack
    twitter was so open early on that many saw its potential to be a decentralized internet standard, like SMTP (email protocol). For a variety of reasons, all reasonable at the time, we took a different path and increasingly centralized Twitter. But a lot’s changed over the years…
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    "We think digital collectibles, and all of the games they enable, will be one of the, if not the first, big consumer use cases for blockchain technologies."
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    I just realized that I have not sent a tweet out to everyone who follows me in about a month. And yet I reply to tweets all the time. I have always preferred the conversational aspects of Twitter over the broadcast aspects.
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    Replying to @arrington
    It's hard to get excited about the thing that makes you irrelevant