A Quote by Vitalik Buterin
A smart contract is a mechanism involving digital assets and two or more parties, where some or all of the parties put assets in, and assets are automatically redistributed among those parties according to a formula based on certain data that is not known at the time the contract is initiated.
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Do not go out first thing after signing a contract and buy assets that are huge compared to the contract signed. Just because you have money for the first time doesn't mean you have to spend it before you know all the ramifications of buying the assets.
Imperfect substitutability of assets implies that changes in the supplies of various assets available to private investors may affect the prices and yields of those assets.
People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.
Polychain is investing in blockchain assets. We do not invest in private companies or hold shares in private companies. We invest purely in tokens or digital assets, and those include assets that people are familiar with, like bitcoin and ethereum, as well as very early-stage projects.
If a lending institution is faced with bids for a package of toxic assets that are less than the carrying value of those assets, the sale of those assets would trigger a further loss and reduce the underlying capital of the institution.
State sanctioned marriage is a civil contract period. A contract is not a judgment of moral value. It is a legal agreement between two parties that testifies to a meeting of minds between those consenting entities. It is not a religious act or rite and so has nothing to do with Adam and Eve or Steve or even Harvey.
State-sanctioned marriage is a civil contract, period. A contract is not a judgment of moral value. It is a legal agreement between two parties that testifies to a meeting of minds between those consenting entities. It is not a religious act or rite and so has nothing to do with Adam and Eve or Steve or even Harvey.
I think it’s unfair that people can’t give assets to whoever they want. When I die, my assets can go to my wife. And a gay person — you ought to have a system where maybe you can just say, ‘You can give your assets to anybody you want.’
I think it's unfair that people can't give assets to whoever they want. When I die, my assets can go to my wife. And a gay person - you ought to have a system where maybe you can just say, 'You can give your assets to anybody you want.'
If God was the owner, I was the manager. I needed to adopt a steward's mentality toward the assets He had entrusted - not given - to me. A steward manages assets for the owner's benefit. The steward carries no sense of entitlement to the assets he manages. It's his job to find out what the owner wants done with his assets, then carry out his will.
More people are interested in trying to shuffle paper assets around than building lasting assets by producing real goods.
In various countries around the world, assets that had previously been in the hands of governments were sold off to the private sector in the hope that this would lead to a more efficient allocation, that these assets would be put to better use.
Except two or three parties, most parties are dependent on one family. I believe that only parties where internal democracy is alive can achieve the ideals of democracy.
[A] major source of wealth for many families is financial assets, including stocks, bonds, mutual funds, and private pensions. ...the wealthiest 5 percent of households held nearly two-thirds of all such assets in 2013
What are we focused on? Return on equity. We don't need these great big tier one assets. I'm very happy with getting tier two, tier three assets; that's what Glencore has been good at.
Where the assets of Facebook were hype, we have real assets.
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