Community Trust ScoreVerified
Ever since buying his first bitcoin in 2011, Erik Voorhees has seen it all. Erik has helped Charlie Shrem build BitInstant, and then he launched ShapeShift in 2014 in just months after the Mt. Gox crash.
In 2018, ShapeShift lost 95% of its business when it introduced KYC due to regulatory demands. In a recent interview, Erik spoke about how he got through this tough time and how he recently took a bold leap to integrate DeFi into ShapeShift and further turn the company into a DAO. He has been innovative and brave. ShapeShift thus decentralizes.
Erik Voorhees, CEO of ShapeShift, expressed: The VC & ICO investments from ’16 and ’17 were laughed at in ’18 and ’19 and now reaping massive returns in ’20 and ’21. A centralized exchange is always and everywhere at the permission of The State. They will slide, slowly or quickly, toward the semblance of a bank.
Wild West > Panopticon. If you hold wealth in dollars, you get poorer. If you hold wealth in Bitcoin, you get wealthier. As people realize this, a very powerful virtuous cycle emerges and plays out over the years. The conclusion of this cycle occurs upon the burning wreckage of all fiat currency.
Community response to Bitcoin comments from Voorhees was: The VC & IPO investments in 1995/96 were laughed at in 97/98 and now reaping massive returns in 99 and 00.
Aren’t you the guy that literally paid the state after they sued you for Satoshi dice?
Unlike centralized custodians that hold your funds, with ShapeShift, you’re always in control of your crypto.
You can get started with the secure mobile wallet, which is packed with great features that are perfect for novices and advanced users. In addition, the platform helps, connect your favorite wallet to get started using the web platform without any account.
ShapeShift has its own token, FOX Token. It comes with some amazing superpowers. The more you have, the more you get rewarded.
Fox Farming helps earn up to 750% APR* on your FOX Tokens. Fox Fuel helps with solutions for high gas fees. The rainfall feature ensures you could win crypto just by holding FOX Tokens. Free fox helps get back FOX on every trade you make. Governance benefits lies in that FOX Token holders will shape the future of ShapeShift. FOX Token benefits are subject to change, as determined by FOX Token holders. Holders can participate in the ShapeShift DAO and help forge the path ahead.
