Lugui Tillier is the gross sales supervisor for Lumx Studios, one of many high cryptocurrency companies in Rio de Janeiro — a metropolis with a burgeoning crypto business.

However for Tillier — who holds twin citizenship between Belgium and Brazil — cryptocurrency is greater than a job. It was a ardour sparked by a buddy, and it developed into his first full-time crypto job with Lumx in 2021.

1) How did you get into crypto?

I used to be very lucky as a result of the daddy of one in every of my closest pals was the one who based the primary crypto agency right here in Brazil in 2016 — BLP Crypto. Earlier than that, he was all the time speaking to me about crypto and blockchain, telling me it was the long run and that I ought to study extra about it. So round 2019, I lastly listened to him and began learning Bitcoin. I began working for Lumx in 2021.

2) Inform us about Lumx and what you do for them.

We’re a blockchain abstraction answer for large enterprises. We assist anybody who needs to combine blockchain into their enterprise, or firms that wish to deploy initiatives or experiment on blockchain. We do issues like cost options and decentralized identification (DID) options.

Large firms can principally focus solely on their very own purposes — not on hiring blockchain engineers or studying about blockchain expertise and infrastructure, which continues to be advanced. So we allow these massive firms to work and check safely. I’m the supervisor of gross sales for Lumx, so I’m the one accountable for constructing and sustaining relationships with blockchains and protocols.

3) Do you spend money on crypto your self? What do you are taking essentially the most curiosity in proper now?

Lugui Tillier on the Savvy Mind Academy in Tanzania, a faculty he started donating to in 2017 utilizing Bitcoin. Supply: Lugui Tillier

I’m investing so much in layer 2s. (I like Polygon, Arbitrum, and ZK options — similar to ZK-Sync and Linea.) Within the final cycle, we noticed quite a lot of initiatives begin on Ethereum, and that was unsustainable. We have been paying $50 (or extra) per transaction. There have been days that we had fuel wars, and folks have been paying virtually six Ethereum per transaction.

I nonetheless don’t know if there was only a lack of understanding that you can construct stuff on a layer 2 amongst new initiatives and corporations on the time. However individuals wished to have publicity to Ethereum, so stuff that ought to have been occurring on layer 2s was occurring on Ethereum.

Liquidity is flowing to layer 2s now, so layer 2s are extra ready for the subsequent wave.

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I additionally actually like Bitcoin Ordinals and Ordinal Maxi Biz (OMB). We’re having an explosion of nonfungible tokens (NFTs) being constructed on Bitcoin, the largest blockchain on the earth. With the ability to commerce and categorical tradition — it’s actually wonderful. That’s why I actually like Ordinals.

I imagine that Ordinals will maybe seize essentially the most of this new tradition and approach of expressing the whole lot on Bitcoin. Ordinals assist to precise the core values of Bitcoin in a way more pleasant approach than Bitcoin, which is simply too technical or harsh for some individuals.

4) The place do you see Bitcoin and Ethereum in 10 years?

I feel I see Bitcoin and Ethereum as the primary consensus platforms on the earth. That is curious, as a result of these days it’s uncommon to see Bitcoin as a platform. We already see Ethereum as a platform the place you’ve got different purposes and layers to construct round it. Due to the developments of some protocols — like Taproot Property and Ordinals — I see Bitcoin venturing into a brand new period.

Associated: Bitcoin fragments may change into extra helpful than full Bitcoins

Moreover being a forex to pay for stuff, or a retailer of value, it is possible for you to to retailer different currencies on it. Bitcoin is shifting from an period the place it’s been an asset to an period the place it will likely be a platform for storing and trading different property.

5) What’s the important hurdle to mass adoption of blockchain expertise?

Lugui Tillier (second from proper) in 2022 talking at NFC Brasil, one of many important Web3 occasions in Latin America, the place he shared his expertise of working with conventional firms in Web3. Supply: Lugui Tillier

Despite the fact that now we have made important progress, blockchain continues to be composed of advanced infrastructure. It’s sophisticated not only for end-users, but additionally for conventional firms that wish to work with it. I typically joke that you just solely notice how advanced MetaMask is while you attempt to educate your father find out how to use it — therefore the significance of the rising abstraction options.

Whereas these options could barely compromise decentralization, they protect a blockchain’s programmability and automation and considerably decrease the barrier to entry. That is essential as a result of now now we have a second possibility. Individuals can keep 100% decentralized if they like it, however for many who don’t, they’ve the choice of adopting a “semi-decentralized” mannequin, which is the lacking hyperlink to mainstream adoption.

6) What do you do in your free time?

I actually like to check philosophy, particularly stoicism. Everybody who works or lives on this crypto world is uncovered to quite a lot of volatility, they usually’re used to quite a lot of dopamine and incentives. I like stuff that you’re not in a position to management, so I just like the stoic philosophy. The mantra of stoicism is to domesticate totally different stuff that you’re not in a position to management. While you grasp this, you’ll be able to stay in peace on this loopy crypto world. So it’s one in every of my favourite topics — not just for my private life, but additionally for my skilled life.

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