Embracing a New Chapter: My Journey to CTO of Hoseki
Building the foundations for Bitcoin's Financial Future
I am thrilled to share the exciting news that I have accepted the role of Chief Technology Officer (CTO) at Hoseki, where I will lead their product and engineering teams. For those unfamiliar with Hoseki, we're on a mission to build the infrastructure that bridges the gap between the innovative world of Bitcoin and the established financial system. This new opportunity represents a significant milestone in my career, and I am eager to contribute to Hoseki's ambitious vision.
My decision to join Hoseki was driven by the company's commitment to what I see as the next phase of Bitcoin. Born out of the desire for a decentralized and censorship-resistant form of money, Bitcoin has evolved from a niche concept to a globally recognized asset with a market capitalization encroaching — and at its peak passing — Silver. Bitcoin's decentralized nature and limited supply make it a compelling store of value and hedge against money supply growth, which has attracted the attention of investors, institutions, and even governments. By enabling the seamless integration of Bitcoin into the traditional financial system, Hoseki is at the forefront of this transformative movement.
Why is financialization critical now? Accruing Bitcoin is accruing wealth, and we should be able to use this new form of wealth for practical things in society, such as mortgages and loans. Because of its cryptographic nature, Bitcoin already does transparency and auditability natively by default, and because it's digital-first, it should seamlessly be added into existing systems.
If we do financialization properly, we can bridge the gap between Bitcoin and traditional finance and still adhere to the principles of transparency that Satoshi built Bitcoin to embody. If we can do this seamlessly, we unlock new avenues for adoption, investment, and innovation while avoiding many of the opaque, 'black-box' problems that exist in the banking system today.
This isn't just about flipping the switch on financialization. It's about building robust, secure, and user-friendly infrastructure that can handle the complexities of both worlds. We need to create a system that is not only comparable to today's but also superior to it. As CTO, my goal is to assemble a top-tier team of engineers who will develop innovative solutions that simplify the intricacies of Bitcoin and make it as user-friendly as the financial products we use every day.
The journey ahead is exciting, challenging, and brimming with potential. We're entering a pivotal phase in Bitcoin's adoption, and Hoseki is at the forefront, building the foundations that will lead it toward a brighter, more inclusive financial future. As I embark on this new role at Hoseki, I am excited to be at the forefront of this revolution and contribute to building a more inclusive and resilient financial system for future generations.