ConsenSys CEO Predicts Trump Re-Election, Facebook Breakup and Crypto Revival

To close out the 2019 Ethereal Summit in Brooklyn, he foresaw a future where assets had all been tokenized, the web was completely decentralized and networks organized around topical interests had become roughly as important to human life as nation states.

Notably, Lubin predicted President Donald Trump would win a second term in 2020.

The turnaround would only arrive, he predicted, when Facebook, "Finally admitting its role in global radicalism," broke itself into "Facebook Media" and "Open Book," a decentralized social web that any startup could tap into.

In Lubin's vision, most of the progress since 2019 can be linked back one way or another to ConsenSys, despite a 2018 that ended with broad layoffs and challenges in spinning out incubated startups.

Lubin foresaw a medium-term future where, as he put it from his 2047 perch, "Liberal democracy was on its death bed."

Despite doubts about ethereum's potential to change how data is shared, he particularly foresaw a new era in more sustainable, more valuable journalism.

"Platforms like Civil triggered the recovery of the journalism industry, especially local journalism," Lubin said.

Lubin described a decentralized era in which "Ethics with respect to the truth, ethics with regard to the nature of facts" took hold, as opposed to our backwards era, in which "Presenting balanced viewpoints and fostering critical thinking was anathema."

By 2047 - with a decentralized open platform where former web giants had come to embrace a distributed ethos - "We are all as a society able to engage in direct democratic decision-making," Lubin said.

"The dream has been made real and we are all in it," the Lubin of 2047 said.