A Quote by Fred Ehrsam
Sales conducted on-chain through smart contracts couldn't really be done before Ethereum, which is why they are a newer concept. I think this style will become the most common over time.
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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.
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.
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.
I think modeling is interesting, it's obviously nice to take on a character and go through the process. I'm very lucky that I've been able to do that but I think the challenges that come with the responsibility of art directing something is something that appeals to me. I've done it before in collaboration with other people but it's the first time someone's literally handed it over and been like, "What do you want?" It was really fun to kind of dream up a concept and then execute it with all my friends.
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.
Science fiction has done a really good job of scaring us into thinking that computers shouldn't get too smart, because as soon as they get really smart, they're going to take over the world and kill us, or something like that. But why would they do that?
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.
The Office' was nothing like anything I had ever done before - the style, everything. And Finchy is so over the top, I really did think it would ruin my career.
I'm not just interested in the thoughts I have, but also in others' thoughts, and why not carry those forward? That's why American fiction can be so thin. All these fears, like not seeming to be original - I mean, hell, most stuff isn't. The question is whether you can articulate your thoughts for the moment in which you're living, which is a different time. Say them in a newer way. There are new events, and language changes - sensibilities change. We are writing in and of the time we're in. Oh, it's a weird time.
The concept of why is already in the vernacular. It is now a noun. "That company doesn't know their why." "They need to learn their why." "That politician needs to understand his why." We talk about it as a noun. That never existed prior to 2009. That never existed prior to 2006 when I first started articulating it. This is the most amazing thing to me. It has now become a concept. It's part of the way we think about businesses and transactions and decisions.
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.
You're going to be waiting a long time before you start seeing money from it. Just really sit with yourself and think "Why do I want to be a singer?" like really think it out and if you realize that you really need to stick with then then be really focused and have good intentions on why you're doing it and it will work out.
And in my classes, I will talk most of the time, and you will listen most of the time. Because you may be smart, but I've been smart longer.
It has to come out of the chain of command, because the chain of command has really become impotent. The chain of command is vested in protecting itself, and so often, the perpetrator of the assault is in the chain of command.
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.
It's like painting the same blank canvas over and over and over and over and over. Once the concept is known, you don't need to see two. And that was in the back of my head, that I was really done artistically with what I had created or pastiched.
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