A Quote by Michael Caputo
With the Internet and blockchain, everything is changed. It's the future of content.
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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.
Has the Internet changed our lives? Have mobile phones changed our lives? The blockchain is something that is that transformative.
The blockchain is going to change everything more than the Internet has.
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.
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 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.
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.
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.
Mobile was Internet 2.0. It changed everything. Crypto is Internet 3.0.
If you think about the web, the web has been an incredible development platform, and everything today is developed on the web. In the future, everything is going to be developed with the blockchain in mind.
The Internet has changed everything. We expect to know everything instantly. If you don't understand digital communication, you're at a disadvantage.
As an early adopter of the internet, I've changed as the internet has changed, and I regret a lot of the things that I used to believe or used to do.
Public blockchains are almost like the public Internet, which is open and widely accessible. If you can get on the Internet, you will likely be able to get on a public blockchain via a specific application.
But the internet had changed everything: nobody was forgotten anymore.
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.
The right way to think about the blockchain is that it's going to replace the entire Internet.
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