A Quote by Fred Ehrsam

Ethereum may make monetary policy decisions like, 'Let's do 1% inflation to support the ongoing development of the Ethereum protocol.' A token built on Ethereum might want to do the same.

Fred Ehrsam

Quote Topics

Built Decisions Development Ethereum Inflation Like Make May Might Monetary Monetary Policy Ongoing Policy Protocol Same Support Token Want

Quote Author

Fred Ehrsam
American - Businessman

I generally support just about every secession attempt that comes along. If, in the future, there is that kind of a dispute in Ethereum, I'd definitely be quite happy to see Ethereum A go in one direction and Ethereum B go the other.

Vitalik Buterin

If you look at the market cap of Ethereum before the hard fork and the split into Ethereum Classic, the combined market cap of Ethereum and Ethereum Classic is greater than the market cap before the split - and everybody got what they want.

Roger Ver

Although the Ethereum blockchain is a public blockchain, it is great to see private and consortium blockchains using the Ethereum code base actively under development.

Vitalik Buterin

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.

Fred Ehrsam

Make no mistake - Ethereum would never have existed without Bitcoin as a forerunner. That said, I think Ethereum is ahead of Bitcoin in many ways and represents the bleeding edge of digital currency.

Fred Ehrsam

In 2017, people have realized there isn't going to be one crypto to rule them all. You're seeing vertical solutions where XRP is focused on payment problems, Ethereum is focused on smart contracts, and increasingly, bitcoin is a store of value. Those aren't competitive. In fact, I want bitcoin and Ethereum to be successful.

Brad Garlinghouse

When I came up with Ethereum, my first first thought was, 'Okay, this thing is too good to be true.' As it turned out, the core Ethereum idea was good - fundamentally, completely sound.

Vitalik Buterin

The thing that I often ask startups on top of Ethereum is, 'Can you please tell me why using the Ethereum blockchain is better than using Excel?' And if they can come up with a good answer, that's when you know you've got something really interesting.

Vitalik Buterin

Ether is the token of the Ethereum network, which is focused on disrupting contract law.

Cameron Winklevoss

Working on a token is similar to working on a startup: higher risk and lower initial impact but higher upside potential. How core protocol work is best funded beyond the initial Ethereum Foundation endowment is an open question, but likely further out.

Fred Ehrsam

A token like ethereum has gone up 10 times faster than bitcoin, and it's fueling an ICO bubble no different then the dot-com IPOs of the late '90s.

Tone Vays

Ethereum exists because it enables developers to write smart contracts better than Bitcoin in the near-term. Zcash will exist because it will attempt to do privacy better than Bitcoin in the near-term, and the token gives you access to the anonymity protocol.

Nick Tomaino

Ethereum will be a first-class citizen on Coinbase.

Fred Ehrsam

If you want to buy $10 of Ethereum and poke around with smart contracts, I encourage that. But use it as a technology, not as an investment, unless you know what you're doing.