A Quote by Chris Larsen
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.
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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.
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.
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.
If blockchain technologies ignore the eventuality of standards, we are going to see less adoption. Maybe we should think of the blockchain as a public-good utility and encourage an evolution that is not unlike the Internet's in terms of openness and neutrality of access.
I think middle America has changed very, very much. I think people are way more open-minded. I think - I think it's because the Internet. I think they're exposed to so much. All the men talked about how much they love their wife, which I don't hear all the time in art communities.
Pretty uniformly, people want the benefits of bitcoin and the blockchain - near-instant transfers, globally available on any Internet-connected device, highly secure, and nearly-free value transfers.
Study how to write smart contracts, which is the basic unit of programming a blockchain for business purposes. It is the equivalent of being taught HTML and Java during the early Internet days. And master how to create assets or tokenize existing ones on a blockchain.
The right way to think about the blockchain is that it's going to replace the entire Internet.
There are very few fundamental shifts in global infrastructure that can happen in our life times. The financial infrastructure is one of them, and the Blockchain is changing the way we think about the transfer of value.
I think most of the important stuff on the Internet has been built. There will be continued innovation, for sure, but the great problems of the Internet have essentially been solved.
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.
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.
You will lose what you value most... It hadn't been me that Rhonda was talking about. It hadn't even been Dimitri's life. What you value most. It had been his soul.
We came in with the Internet, we came up with the Internet, and I think Secretary [Hillary] Clinton and myself would agree very much, when you look at what ISIS is doing with the Internet, they're beating us at our own game. ISIS.
At its core, I don't view Facebook as a social network. I think it could become the driver's license of the Internet. And beyond that, it can become the pipes and the plumbing upon what most of the Internet is built. I think it's very well positioned.
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.
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