A Quote by Fred Ehrsam
Developer mindshare is the most important thing to have in digital currency.
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The regulator banned cryptocurrency... then there was an order from the Supreme Court. So, in the absence of any strong law, it was very important for us to come out with a comprehensive law-one for the private digital currency and second for the government for its digital form of currency, or the virtual currency.
Earlier, physical currency used to dominate. Now, mobile currency or digital currency is dominating. For digital currency, fintech is very crucial.
It's important to understand how Coinbase thinks about regulation and compliance in the digital currency space. As an exchange, we view compliance as key to digital currency's success.
Many countries are looking at the virtual currency and the digital currency. Now, the issue is a virtual currency by the government, digital currency by the government that is one area to look but on the other hand, there are private cryptocurrencies as well.
There is nothing that Bitcoin can do which Ethereum can't. While Ethereum is less battle-tested, it is moving faster, has better leadership, and has more developer mindshare.
Confidence is the most important thing, more important than gold or currency.
The most important thing that most countries around the world believe in is letting the markets determine the currency.
The currency in the developer community is enthusiasm.
I do think some digital currency will end up being the reserve currency of the world. I see a path where that's going to happen.
Bitcoin and digital currency is just this thing that was always going to happen.
Now with our Software Developer Kit (SDK), any developer can embed Emotion AI into the apps, games, devices, and digital experiences they are building, so that these can sense human emotion and adapt. This approach is rapidly driving more ubiquitous use of Emotion AI across a number of different industries.
I think that the future of currency is digital, and Bitcoin has a good shot at being the currency of the future.
Digital currency is now a misnomer for Bitcoin. It can be used as currency, but it can be used for many things.
At Coinbase, our first priority is to ensure that we operate the most secure and compliant digital currency exchange in the world.
I think right now it's a battle for the mindshare of developers and for the mindshare of customers, and right now iPhone and Android are winning that battle.
In the digital era, everyone is a student. Degrees given by formal education are not a value currency anymore. Technical skills and an individual's ability to apply the outcomes are important, irrespective of age.
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