People bought bitcoin because they thought it would be worth more tomorrow. And a lot of people got lucky. But we're not seeing real people use bitcoin. And we don't know what problem it solves. Now, blockchain, I think, is a genius advancement in technology.
Bitcoin has so much potential, and that's why the believers are trying to facilitate its use as a currency, so people use to buy things and spread it around more.
I think long-term, Bitcoin is a currency of the Internet. So, even if humans don't use it, routers will use it. Web browsers will use it. Web servers will use it.
Blockchain assets derive value from their usefulness. Bitcoin has value because people value the payment network. BTC is required to use the network, so people demand it. If Bitcoin continues to be useful, it will continue to have value.
Gold actually has properties - you can use gold for all sorts of things. People value gold for the metal. Nobody values bitcoin for the bitcoin; they value it because they believe that they can exchange it for something else.
Just as it got easier to use email, it will be easier to use Bitcoin as people invest in it and become more familiar with it.
We are very excited about the use of blockchain, whether it's Bitcoin or not, but we are as enthusiastic as ever about Bitcoin as a global currency and, really more importantly, Bitcoin as a global financial rail.
I think the technology will get bigger and the price of Bitcoin will go up, so I'm speculating to increase my purchasing power. But I don't intend to sell the Bitcoin. I intend to hold it until there's a day where I can just use Bitcoin completely.
Bitcoin as a globally distributed public ledger - that's the thing I'm most excited about going forward. Thinking about how to use Bitcoin in new and innovative ways. In the meantime, we have the boring uses of Bitcoin that are in the process of going mainstream.
In mobile, people really love having single-use case experiences. They want low friction to getting to the application's use case.
Gambling is entertainment... Financial markets, what one often refers to as speculation, is really the force by which we move capital to the best and highest use.
In some ways, making documentaries is like being a journalist. You interview people and then use the bits you want to use as opposed to the bits they want you to use.
People change, no use getting sentimental about it. Move on, find someone else.
It's funny how I use social media because I don't use it to promote my restaurants that much. I use it for social issues and I think that's what it's for. I do a few things - I mess around with music a lot because that's a passion of mine. If something strikes me and I want to share it, I do.
People don't use Airbnb overtly to trust people more. They use it because they want to get a better sense of the culture and to save money. A by-product was that they live in someone else's shoes.
For me I'm natural not because somebody else believes I'm natural, I'm natural because I don't use steroids, I don't use growth hormone, I don't use any of those enhancers. I'm natural in my own right because I don't do that and not because other people accept the fact that I'm natural or not.