She then called on the Cardano community to hold The Wall Street Journal to account for not referring to Wyoming in its online article that day about stablecoins. I'm not quoting that correctly, but that's the idea!’ Unfortunately, but not surprisingly, the breakthrough had been largely ignored by the (centralized) powers that be. ‘It's the classic Gandhi phrase: First they ignore you, then they laugh at you, then you win. Long was soon to raise a cheer from the local audience by alluding to the success the Wyoming community has had in shaping blockchain-related laws. It's the classic Gandhi phrase: First they ignore you, then they laugh at you, then you win – Caitlin Long And then enterprise and governments come last, in my personal point of view,’ he said, bringing the first big applause of the session. ‘My preference is that it continues to be grassroots – that is, powered by the individuals first – and that small businesses are built on top of them. Given that the coming wave of new adopters would include large enterprises and governments, extra care was warranted, he said. If Pellerin seemed to suggest that adoption and utility would take care of themselves, Fragiskatos introduced a note of caution. ‘In a world that globalized itself, you need a technology that can cross borders, and legacy systems are very slow to create those bridges.’ He later suggested that blockchain was ‘the system’ to program interoperability, not just between chains but wherever it was needed. I think it's the technology of its own time,’ he said. ‘Blockchain is not here, you know, randomly. In the future, therefore, adoption and utility would remain intimately linked. Kicking off on the subject of adoption, Pellerin pointed out that blockchain technology had come about in response to a need. You need a technology that can cross borders, and legacy systems are very slow to create those bridges – Romain Pellerin The moderator was Rob Adams, IOG vice-president of corporate strategy. As well as Hoskinson, the panel consisted of Romain Pellerin, IOG technology chief Jerry Fragiskatos, commercial chief Joel Telpner, head of legal Frederik Gregaard, boss of the Cardano Foundation and a non-IOG local hero, Caitlin Long, the founder and chief of Avanti Bank and Trust. The task fell to an appropriately high-powered panel, brought together on the stage at Laramie in Wyoming, the leg of the event attended by Charles Hoskinson, chief executive of IOG. Ideally you’d want to reiterate the main points of the event, unpack the insights that emerged from getting all those brains together – and then give a clue to what might be coming next. How do you close out an event like the Cardano 2021 Summit? With dozens of speakers, the announcement of a host of new deals, and the whole thing taking place live in six locations worldwide and watched online at more than 40 community hubs and in tens of thousands of homes, it’s certainly a tall order.
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