6 Questions for Lugui Tillier about Bitcoin, Ordinals, and the future of crypto

10 months ago

Lugui Tillier is the income manager for Lumx Studios, 1 of the apical cryptocurrency firms successful Rio de Janeiro — a metropolis with a burgeoning crypto industry.

But for Tillier — who holds dual citizenship betwixt Belgium and Brazil — cryptocurrency is much than a job. It was a passionateness sparked by a friend, and it evolved into his archetypal full-time crypto occupation with Lumx successful 2021.

1) How did you get into crypto?

I was precise fortunate due to the fact that the begetter of 1 of my closest friends was the 1 who founded the archetypal crypto steadfast present successful Brazil successful 2016 — BLP Crypto. Before that, helium was ever talking to maine astir crypto and blockchain, telling maine it was the aboriginal and that I should larn much astir it. So astir 2019, I yet listened to him and started studying Bitcoin. I started moving for Lumx successful 2021.

2) Tell america astir Lumx and what you bash for them.

We are a blockchain abstraction solution for large enterprises. We assistance anyone who wants to integrate blockchain into their business, oregon companies that privation to deploy projects oregon experimentation connected blockchain. We bash things similar outgo solutions and decentralized individuality (DID) solutions.

Big companies tin mostly absorption lone connected their ain applications — not connected hiring blockchain engineers oregon learning astir blockchain exertion and infrastructure, which is inactive complex. So we alteration those large companies to enactment and trial safely. I’m the manager of income for Lumx, truthful I’m the 1 liable for gathering and maintaining relationships with blockchains and protocols.

3) Do you put successful crypto yourself? What bash you instrumentality the astir involvement successful close now?

I’m investing a batch successful furniture 2s. (I similar Polygon, Arbitrum, and ZK solutions — specified arsenic ZK-Sync and Linea.) In the past cycle, we saw a batch of projects commencement connected Ethereum, and that was unsustainable. We were paying $50 (or more) per transaction. There were days that we had state wars, and radical were paying astir six Ethereum per transaction.

I inactive don’t cognize if determination was conscionable a deficiency of cognition that you could physique worldly connected a furniture 2 among caller projects and companies astatine the time. But radical wanted to person vulnerability to Ethereum, truthful worldly that should person been happening connected furniture 2s was happening connected Ethereum.

Liquidity is flowing to furniture 2s now, truthful furniture 2s are much prepared for the adjacent wave.

I besides truly similar Bitcoin Ordinals and Ordinal Maxi Biz (OMB). We’re having an detonation of nonfungible tokens (NFTs) being built connected Bitcoin, the biggest blockchain successful the world. Being capable to commercialized and explicit civilization — it’s truly amazing. That’s wherefore I truly similar Ordinals.

I judge that Ordinals volition possibly seizure the astir of this caller civilization and mode of expressing everything connected Bitcoin. Ordinals assistance to explicit the halfway values of Bitcoin successful a overmuch much affable mode than Bitcoin, which is excessively method oregon harsh for immoderate people.

4) Where bash you spot Bitcoin and Ethereum successful 10 years?

I deliberation I spot Bitcoin and Ethereum arsenic the main statement platforms successful the world. This is curious, due to the fact that nowadays it’s uncommon to spot Bitcoin arsenic a platform. We already spot Ethereum arsenic a level wherever you person different applications and layers to physique astir it. Because of the advancements of immoderate protocols — similar Taproot Assets and Ordinals — I spot Bitcoin venturing into a caller era.

Besides being a currency to wage for stuff, oregon a store of value, you volition beryllium capable to store different currencies connected it. Bitcoin is moving from an epoch wherever it’s been an plus to an epoch wherever it volition beryllium a level for storing and trading different assets.

5) What is the main hurdle to wide adoption of blockchain technology?

Even though we person made important progress, blockchain is inactive composed of analyzable infrastructure. It’s analyzable not conscionable for end-users, but besides for accepted companies that privation to enactment with it. I often gag that you lone recognize however analyzable MetaMask is erstwhile you effort to thatch your begetter however to usage it — hence the value of the emerging abstraction solutions.

While these solutions whitethorn somewhat compromise decentralization, they sphere a blockchain’s programmability and automation and importantly little the obstruction to entry. This is important due to the fact that present we person a 2nd option. People tin enactment 100% decentralized if they similar it, but for those who bash not, they person the enactment of adopting a “semi-decentralized” model, which is the missing nexus to mainstream adoption.

6) What bash you bash successful your escaped time?

I truly similar to survey philosophy, particularly stoicism. Everyone who works oregon lives successful this crypto satellite is exposed to a batch of volatility, and they’re utilized to a batch of dopamine and incentives. I similar worldly that you are not capable to control, truthful I similar the stoic philosophy. The mantra of stoicism is to cultivate antithetic worldly that you are not capable to control. When you maestro this, you are capable to unrecorded successful bid successful this brainsick crypto world. So it’s 1 of my favourite subjects — not lone for my idiosyncratic life, but besides for my nonrecreational life.

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