A decade ago, I sat in a tiny Thai restaurant in New York City trying to convince a very successful friend of mine that a new project called Ethereum would change the financial world. He told me I was crazy. But like the hidden message Satoshi Nakamoto left inside bitcoin’s first block, I saw Ethereum as a map. And it was pointing to a new kind of financial system just waiting to be built. Back then, I imagined the architects of this new system would be companies no one had ever heard of before. Tiny startups that would soon revolutionize finance. But earlier this year, I noted that the same institutions that crypto ... (full story)