Estimated reading time: 2 minutes, 53 seconds
In episode 8, we interview Taylor Gerring for our “Blockchain and You” series. Watch to learn Taylor’s interesting story of how he got involved with blockchain and cryptocurrencies, and his thoughts for the future of both! He is the founder of Blockchain WTF, and has worked in the crypto/blockchain-sphere for quite a few years now! He’s also an active member of the Chicago blockchain community, so if you’re around town, reach out!
If you want to see more of Taylor, he is featured in our Ask an Expert series, as our expert on blockchains, and also in the Blockchains and Airplanes series! For a talk of his at a event in Chicago, check out this link!
How and when did you first hear about blockchain technology?
I first heard about blockchain technology when I discovered bitcoin
trying to send a donation to a website. They were having their PayPal and Google payment method account shut down, and this was the only way left to continue donating.
Who are you and what is your role in Blockchain WTF?
My name is Taylor Gerring, and I’m the founder of Blockchain WTF. I wanted to put out a bunch of blockchain-related information and education for everyday people to understand what is tangible and relatable to their life and how it might impact them in the future.
Once you had a grasp on the technology, what impact did you see it having?
One of the first things that are recognized with Internet of Value
is that we could extend this idea, and actually enable new types of services that are more secure and better designed for the way we use the Internet today. And this is the part of blockchain technology that I’m personally really interested in.
What influence do you think cryptocurrencies will have?
I think cryptocurrencies will give us an extra set of options. In the time where things can be uncertain at the global climate, having something that’s not controlled by any particular nation or corporation, I think is something that we’re all really interested in now. Especially now that we’ve had the Internet for a solid 20 years, and we’re getting really used to how this works.
When were you intrigued, and when were you sold?
I was intrigued when I first figured out that this idea the Internet of Value
was definitely possible. I was sold when I realized we could extend the idea to a whole lot of other ways that we interact. Including just peer-to-peer interactions between ourselves on the Internet without having lots of intermediaries, enabling us to kind of bootstrap our own use cases and different kind of projects that we want to explore.
What’s your prediction for the future of blockchain technology & cryptocurrencies?
For the future of blockchain technology, I think we’re in for a long ride. First off we have businesses
that have already bought into the idea of being able to make more efficient use of their supply chain, and other ways of reducing their back-end infrastructure. And now governments and other companies are starting to wake up to this idea of blockchain technology and directly interacting on the Internet, and being able to transmit value that way.