A Quote by Dan Kaminsky
The Internet's proven to be a pretty big deal for global society, and Bitcoin could basically be thought of as the Internet, applied to money.
Related Quotes
Bitcoin is a peer-to-peer, decentralized form of money, as durable as the Internet itself. Remember, the Internet - or DARPA, as it was originally called - was created as a fail-safe, global network with no 'single point of failure.' If one part goes down, data takes another route, and nothing is lost.
The penetration of society by the Internet and the penetration of the Internet by society is the best thing that has ever happened to global human civilisation.
When the Internet first launched, you had all these newspapers saying that the Internet was only used by bad people, to do bad things and what was the point of it. But the Internet changed everything, just like Bitcoin will.
As the platform and protocol become more ingrained in society, get built into products and services, and basically become more of the mesh of society, just like the Internet, companies and people will need to own Bitcoin to play on its rails.
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.
Could you imagine if we could leapfrog language and communicate directly with human thought? What would we be capable of then? And how will we learn to deal with the truths of unfiltered human thought? You think the Internet was big. These are huge questions.
Facebook is like the Internet: a large company and an application. Bitcoin is a protocol for decentralisation, so you could build a decentralised company on top of it, a stock market. It's an Internet of ownership, so it's not quite a direct comparison.
Bitcoin is not currency; it's the internet of money!
The Internet didn't get invented on its own. Government research created the Internet so that all the companies could make money off the Internet. The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together.
I'm not sure Riot Grrrl would have been as big a deal if the Internet had existed back then. Because there's so much stuff on the Internet. People could have been like, oh, whatever, I'm going to go look at pictures of Barbie vaginas, you know what I mean? There's so many different things on the Internet, you read one article and then you read something linked off that article and you go down the rabbit hole.
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.
A utopian future for the Internet could be secured if the heavy-duty influencers - and the grassroots influencers tweeting along - can create a new global organization peopled with defenders of Internet freedom.
I view Bitcoin as the more democratic version of money and value transfer because no one controls it... I expect the Internet to be around longer than any nation-state, so a nation-state-backed currency is actually less safe than an Internet currency in my mind.
Bitcoin is valuable as a currency because of the economic efficiencies the bitcoin network is already creating as transactions flow over it. As with the Internet, more applications will flourish which will make the bitcoin network, and thus bitcoin as a currency, valuable.
The big deal about the Internet design was you could have an arbitrary large number of networks so that they would all work together.
On the other hand, a lot of the internet - I don't know the percentage, but I am sure a great mass of internet use - is pretty superficial interaction amongst people. Its not necessarily a bad thing. A teenager wants to talk to her friend, that's fine, but I think it probably contributes to atomization, which is a threat to the society.
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