A Quote by Brock Pierce
I call the blockchain 'the Internet of value' and 'the Internet of trust.' Because everything becomes trustless. It's a big distributed ledger. Think of it like an Excel file that's being maintained and updated and managed by millions of computers around the world.
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The blockchain concept was pioneered within the context of crypto-currency Bitcoin, but engineers have imagined many other ways for distributed ledger technology to streamline the world. Stock exchanges and big banks, for example, are looking at blockchain-type systems as trading settlement platforms.
Blockchain is moving beyond cryptocurrency, and it's worth paying attention - especially since successful prototypes show that blockchain, also known as distributed ledger technology, will be transformative.
The emergence of open Internet protocols for value exchange, today led by the global adoption of Bitcoin's blockchain, paves the way for value to move as freely as information and data move on the Internet today.
Everything is being run by computers. Everything is reliant on these computers working. We have become very reliant on Internet, on basic things like electricity, obviously, on computers working. And this really is something which creates completely new problems for us. We must have some way of continuing to work even if computers fail.
We don't think the blockchain can do most of what's been ascribed to it. But we're entering the Internet of value - and that is very much underhyped.
There's so much free material on the Internet you can learn from, and some people are pure self-starters: they pick up computers and teach themselves everything. Certainly there are millions of people like that. But at the same time, I think it's a pretty small percentage of the population.
I always remain optimistic. There are three levels of music production: the majors, indies, and what I call "inties," music distributed via the Internet. The Internet is one area that I have used pretty effectively to break free of corporate control.
I think it may be even a bigger story than the internet. You know, it's like saying, 'how big a deal is the internet?' The Chinese middle-class is going to change the world.
When decentralized blockchain protocols start displacing the centralized web services that dominate the current Internet, we'll start to see real internet-based sovereignty. The future Internet will be decentralized.
Netflix is distributed in 50 countries around the world. It's an incredibly affordable, well-distributed product that gives anyone with access to the Internet and a screen access to content in a very affordable way.
I don't really like encouraging people to go on the Internet too much, we're constantly distracted with the Internet and computers.
I think the Internet is right on time. I think it's very important. It's reaching out to millions of people. Even the most slimiest and grimiest hood cats out got iPhones and Smartphones so they're able to view everything on the Internet, so they're well in tuned to what's going on.
I think that governments are going to get disrupted by the blockchain. I think in the same way that the Internet forced everyone to evolve, the Blockchain is going to change the game again.
By the time I was a senior in high school, I knew I wanted to move to Silicon Valley and learn more about computers and the Internet. I just fell in love with technology and the potential of everything the Internet had to offer.
People are mostly focused on defending the computers on the Internet, and there's been surprisingly little attention to defending the Internet itself as a communications medium. And I think we probably do need to pay some more attention to that, because it's actually kind of fragile.
If multi-stakeholder Internet governance is to survive an endless series of challenges, its champions must commit to serving the interests and protecting the rights of all Internet users around the world, particularly those in developing countries where Internet use is growing fastest.
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