A Quote by David O. Sacks

There is some risk that if the wrong regulatory regime gets adopted in the U.S., then the center of innovation could move to other countries. If blockchains are the next Internet, that would be a very unfortunate development for the U.S.
With enough of us connecting heart with heart, center with center, innovation with innovation, prayer with prayer, through the internet and the noosphere, we can have a major impact on a more gentle transition toward the next stage of evolution.
Suppose Vietnam could separate itself from the American dominated global system and carry out a successful social and economic development. Then that is very dangerous because then it could be a model to other movements and groups in neighboring countries. And gradually there could be an erosion from within by indigenous forces of American domination of the region.
We [European countries] probably need to move forward together, each at their own speed. The faster ones, that could be the countries in the euro zone. The others would be those who are interested in the continued development of the common market, but reject the idea of an ever stronger political integration.
We have looked into the general problems with adoption in the United States, and we discovered - on the basis of the reports written by American NGOs - we discovered that not only Russians but kids from other countries and the American-born kids have been subject to very unfortunate behavior on the part of their adopted parents.
Innovation implies high risk, and with high risk comes failure, so you've got to be prepared for that, but if you don't risk, then your business goes stale very quickly.
Conceivably, blockchains could rely on a number of standards above the Internet's existing standards to allow a smooth bridging from one layer to another. That would be a breakthrough.
I think it's going to end up a lot like the Internet. Some countries try to regulate the Internet - bitcoin will be very much like that. It will be legal, and there will be some countries with currency control.
It is possible in theory and I think true in practice that centralization could have been the optimal solution at the beginning of the computer era and now, but not in between. And it may change back again with some other technological development. Some things move in a straight line. Others move like a pendulum.
Herein lies our problem. If we level that much land to grow rice and whatever, then no other animal could live there except for some insect pest species. Which is very unfortunate.
It is sometimes suggested that the [Nazi economic] recovery was a product of a specific fascist economic strategy, which distinguished it from the recovery efforts of other capitalist states. While few would disagree that the Nazi regime had a number of clear ideological preferences when it came to the economy, the policies pursued in 1933 had much in common with those adopted in other countries, and with the policies of the pre-Hitler governments.
Britain should be the world's number one center for genetic and stem cell research, building on our world leading regulatory regime in the area.
When President Trump took office, he immediately began a process to remove and replace undue regulatory burdens that stifle American innovation and economic development.
When we travel to other countries, the Internet speed is so much slower. So I think in terms of technology, 5G and Internet speed, Korea has an absolute advantage over other countries.
The expression I use: Pain + Reality = Progress. Whenever I would have a painful mistake, I started to view that as puzzles that would give me gems if I could solve the puzzle. So, it made me thoughtful - what should I do differently next time? That was the puzzle. And the gem was some principle for handling the same thing when it came along again, and then I would write it down. And by writing it down and referring to it, and also being able to show it to other people so that we could agree that that was a good way of handling that thing - that was very, very powerful.
This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out in front of the knowledge of risk.
The way through the challenge is to get still and ask yourself, 'What is the next right move? What is the next right move?' and then, from that space, make the next right move and the next right move.
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