Are Bitcoin & Tezos More Similar than You Think?

The Tezos community is a strong one and one that holds to its values too. According to an assessment from Castle Island Ventures partner Nic Carter, it might be on the same level as bitcoin too as he stated:

“The number one lesson and takeaway of bitcoin is a core set of principles – defining them and making the chain a beacon to attract people who believe in those principles.”

Carter made these comments at TQuorum, the conference revolving around Tezos ecosystem organised by the Tocqueville Group. Like we say, Tezos holds it values tight and whereas these are different to bitcoins, Carter admitted that both groups were well-defined.

Despite Tezos being funded by one of the biggest initial coin offerings (ICOs) of them all (perhaps as big as EOS), Carter is a skeptic.

Speaking on the Tezos ICO which he says is the only ICO he’s participated in, Carter says:

“But if you are going to do it, shoot for the moon and believe you are going to be able to create a new form of non-sovereign money. You don’t have enough advocates if it’s concentrated in a small number of folks.”

Following the panel, the Tocqueville Group’s president, Alison Mangiero said “There has to be a shared narrative,” and explained why her organisation gathered leading members of the Tezos community for three days in New York.

As reported by CoinDesk:

“Before the public conference began, Mangiero gathered some of the most active participants in the Tezos blockchain for a conversation about values. Some of the values her staff presented for discussion included open participation, token-holder-centricity, non-aggression, nuanced pragmatism and evolution (not revolution).”

It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!