A Quote by Adam Draper
In the future, when people look back at the early days of Bitcoin, they'll say, 'It was so obvious that the ability to move money anywhere, instantly, at near-zero cost would be a huge success.
Related Quotes
Bitcoin's revolution: an impossible-to-counterfeit digital store of value that can be used as money, that has no sovereign, or central bank involved, that can be sent anywhere instantly at virtually no cost, is irresistible. Anyone who uses it is converted.
The scripting language in Bitcoin is important because it is what makes Bitcoin 'programmable money'. Within each Bitcoin transaction is the ability to write a little program.
The bitcoin world is this new ecosystem where it doesn't cost that much to start a new bitcoin company, it doesn't cost much to start owning bitcoin either, and it is a much more efficient way of moving money around the world.
When you're sharing the music, you're not buying the CD. When you're sharing that video, you're not buying the TV. But we thought, really, there'd be a firewall. While near-zero marginal cost would impact virtual goods, we never thought it would move over to the physical world.
I've tended to find that myths of the near future give people the ability to really kind of explore the present, so say for example if look at William Gibson and his book Neuromancer or if you look at J.G. Ballard or Samuel Delaney those are probably three of my favorite writers in that genre.
My view is that the bitcoin is in its very early days, and it is an artificial currency. But whether it is creating new money, whether it is sustainable, whether it would survive - I have many questions about it.
If you could do something that would make people happy, and it would cost you neither money nor time, would you do it? If that same thing made you happy, would you do it? What is this magical thing that will brighten your day and the days of people around you and yet cost you nothing? A smile.
You do know it cost money to put a t-shirt on your back? You do know it cost money have a house? You do know it cost money to eat? Get money, don't let these people fool you.
When the banks create the money, they don't create the interest. They send you into the world to compete with everybody else to get the second $100,000 that never was created and bring it back to them. So if we're in a world with zero-growth population, goods, services, and money, the problem would be obvious.
[T]hese people have shown a remarkable ability, ladies and gentlemen, to cross borders, boundaries - they get anywhere they want to go. They can do it without water for a long time. They don't get apprehended, and they will do things other people won't do. So, our money, early money, is on the Hispanics.
Some people say, 'Do you have any theories on acting?' And I say, well maybe: I think you can start with zero and end with zero. You don't have to go anywhere, you don't have to go for the result.
I have always understood the unbelieving look in the eyes of those whom success touches early - it is a look half fearful, as though the dream were still in the process of being dreamed and to move or to speak would shatter it.
If you let anything infringe on your writing time, it will. And you won't get the writing done. Taking one day off can cost me five days of getting back in the mood. Going out to lunch can cost me anywhere from five hours to three days. And for me it's not worth it. For my own sense of well-being I have to finish my work before I can play.
It's about ethical. It's about leading from the front, and it's kind of hard to look at people and say hey, listen, we need to cut back or it may cost you more money - if you're not willing to do the same thing.
Bad luck for the young poet would be a rich father, an early marriage, an early success or the ability to do anything well.
We turned our planes around after landing and got them off again in 20 minutes back in the early days; 15 minutes in many cases. That gave us a huge cost advantage because we could do more flying in a day with a single plane than anybody else.
Related Authors
Bill Gates Quotes
American
Businessman
Charlie Munger Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman