𝗖𝗮𝗻𝗮𝗱𝗮’𝘀 𝗖𝗿𝘆𝗽𝘁𝗼 𝗣𝗮𝗿𝗮𝗱𝗼𝘅: 𝗔 𝗟𝗮𝗻𝗱 𝗼𝗳 𝗧𝗮𝗹𝗲𝗻𝘁, 𝗕𝘂𝘁 𝗟𝗶𝗺𝗶𝘁𝗲𝗱 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 👇
Since landing in Canada, I’ve had the chance to meet many investors and founders across the crypto and tech space. One thing that stands out is the conservatism of Canadian investors—especially when it comes to early-stage startups and, even more so, anything related to crypto.
Last week, I attended a Web3 Toronto (Web3TO) event and found a recurring theme among founders: raising funds in Canada is tough. It’s interesting because if you look at some of the most significant figures and innovations in crypto, they are Canadian:
• Vitalik Buterin, the founder of Ethereum
• Changpeng Zhao (CZ), the mind behind Binance
• And even the founder of ConsenSys, Joseph Lubin.
There’s no shortage of talent and visionary thinking here. Yet, Canadian investors and regulators seem hesitant, and as a result, many brilliant founders struggle to gain the support they need to build and grow. 🤔
The recent HBO documentary speculating that Peter Todd (another Canadian Bitcoin developer) could be Satoshi Nakamoto highlights this further. While I don’t personally believe Todd is Satoshi, I do think it’s highly possible that Satoshi could be Canadian, considering the talent pool and innovative mindset here.
The truth is, Canadian regulators are lagging behind the founders they should be supporting. Instead of mimicking every regulatory move from the U.S., Canada has a chance to lead and create policies that embrace and nurture innovation. 💼
Imagine what could happen if we harnessed the talent and innovation already present here with the right regulatory and investment environment. We could truly become a hub for crypto and Web3 development. 🚀
It’s time for investors and regulators in Canada to catch up. There’s enormous potential here—let’s not let it go to waste. 💥
#Canada #Crypto #Web3 #Blockchain #Entrepreneurship #Innovation #Regulation #CanadianTech #SatoshiNakamoto
Blockchain Eng. | DeFi | @Simpled.app @Gloria.tech
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