A Quote by Olaf Carlson-Wee

For the first time, entrepreneurs can monetize their own open-source and peer-to-peer network. They can crowdfund and raise money from people across the world on the Internet in crypto-currency.

Olaf Carlson-Wee

Quote Topics

Across Crypto Currency Entrepreneurs First First Time Internet Money Network Open Own Peer People Raise Source Time World

Quote Author

Olaf Carlson-Wee
American - Businessman

For the first time, open source, peer-to-peer protocol developers can monetize their project on a protocol level.

Olaf Carlson-Wee

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.

Max Keiser

You can hold your Bitcoin in Ripple. We want to be agnostic to any currency, whether that be a virtual currency, political currencies, or peer-to-peer currencies.

Chris Larsen

Application-specific tokens, or app-tokens, are built on top of existing general-purpose blockchains like Bitcoin and Ethereum. For the first time, open-source project creators can directly monetize their open-source network.

Olaf Carlson-Wee

I think the best projects understand that they don't need to invent a new currency. They don't need to use the block chain as their long-term data storage solution. And they don't need to use the peer-to-peer network as their communication mechanism. They should use the block chain as the world's most secure distributed ledger.

Gavin Andresen

The idea of the Internet as sort of open and democratic and free and with no hierarchy, the libertarian beginnings as it were, with peer-to-peer networks... I'd sort of like for everyone to just admit that we're beyond that now.

Beeban Kidron

In an economy increasingly dominated by network effects, peer-to-peer transactions, self-regulation, and contract labor, the old frameworks are woefully irrelevant.

Anand Giridharadas

That kind of peer learning, that peer teaching, that peer evaluation, and then administration of insight.

Michael Eric Dyson

For the first time in 6,000 years of human history, we can have peer-to-peer exchange where trust is not a problem anymore. And it's through the technology that underlies bitcoin. It's called the block chain.

Patrick M. Byrne

In effect, the Internet is a global connection of interconnected computers. It has been described as truly a peer-to-peer system with many distributed nodes and no central point of control architecture.

Miriam Defensor-Santiago

t century, hundreds of millions - and eventually billions - of human beings will transform their buildings into power plants to harvest renewable energies on site, store those energies in the form of hydrogen and share electricity, peer-to-peer, across local, regional, national and continental inter-grids that act much like the Internet.

Jeremy Rifkin

Bitcoin has been described as a decentralized, peer-to-peer virtual currency that is used like money - it can be exchanged for traditional currencies such as the U.S. dollar or used to purchase goods or services, usually online. Unlike traditional currencies, Bitcoin operates without central authority or banks and is not backed by any government.

Perianne Boring

The best kind of accountability on a team is peer-to-peer. Peer pressure is more efficient and effective than going to the leader, anonymously complaining, and having them stop what they are doing to intervene.

Patrick Lencioni

Most Internet business theorists are really looking at preserving the necks of giant, Fortune 500 companies, rather than promoting the digital, peer-to-peer economy that actually wants to happen.