Fred Ehrsam : (4) " Forks often arise from differences of opinion in the direction of a project. And tokens are increasingly a mechanism for voting on changes to their protocols. Since the point of a fork is to try a new path, the new fork may not want to port all of the prior holders opposed to trying the new path the fork was created to take. " - Fred Ehrsam " At GDAX, we want to see new protocols and their tokens flourish. " - Fred Ehrsam " As with early internet startups, some token models don’t make sense. For every 1 huge hit, there will be 3 minor successes and 100 failures, so we shouldn’t be surprised when some fail. " - Fred Ehrsam " When Coinbase was starting, we thought we were seeing the birth of something that was really important – what I would almost describe as the future fabric of society – the system for who we are – our identities, what we own, our assets. " - Fred Ehrsam