Quotes About Innovation

Rule of art: Cant kills creativity!

Capitalism has its weaknesses. But it is capitalism that ended the stranglehold of the hereditary aristocracies, raised the standard of living for most of the world and enabled the emancipation of women.

Lo bueno es enemigo de lo extraordinario".

I don't know, I'm making this up as I go.

economic growth is driven by supply factors such as improved technologies and access to more or better resources.

Ethereum and other smart contract platforms specifically gave rise to the decentralized application, or dApp. The backend components of these applications are built with interoperable, transparent smart contracts that continue to exist if the chain they live on exists. dApps allow peers to interact directly and remove the need for a company to act as a central clearing house for app interactions. It quickly became apparent that the first killer dApps would be financial ones.

The most popular application of blockchain technology is cryptocurrency, a token (usually scarce) that is cryptographically secured and transferred. The scarcity is what assures the possibility of value and is itself an innovation of blockchain.

The form of money has changed over time, but the basic infrastructure of financial institutions has not.

DeFi offers considerable potential for solving the following five key problems associated with centralized finance: centralized control, limited access, inefficiency, lack of inoperability, and opacity.

The key innovation of Bitcoin was to combine the idea of blockchain (time stamping) with a consensus mechanism called proof of work

Blockchains allow for cryptographic scarcity (Bitcoin has a fixed supply cap of 21 million), censorship resistance and user sovereignty (no entity other than the user can determine how to use funds), and portability (can send any quantity anywhere for a low flat fee). These features combined in a single technology make cryptocurrency a powerful innovation.

Crop rotation and contour plowing require no additional capital equipment and would contribute significantly to productivity. By raising grain storage bins a few inches above ground, a large amount of grain spoilage could be avoided. Although such changes may sound trivial to people of advanced nations, the resulting gains in productivity might mean the difference between subsistence and starvation in some poverty-ridden nations.

William Shakespeare called dreams the 'children of an idle brain, begot of nothing but vain fantasy.

Man may have discovered fire, but women discovered how to play with it.

Who changes their legal name to Yarn Goddess? I mean, for real.

If it was not a good idea, it was at least an interesting one.

Even the editor of the highly respected Medical Record found more to fear than to admire in Lister's theory. "Judging the future by the past," he wrote, "we are likely to be as much ridiculed in the next century for our blind belief in the power of unseen germs, as our forefathers were for their faith in the influence of spirits, of certain planets and the like, inducing certain maladies.

Science would soon exceed even Bell's expectations. Had Garfield had been shot just 15 years later, the bullet in his back would have been found by X-ray images and the wound treated with antiseptic surgery. He might have been back on his feet within weeks. Had he been able to receive modern medical care, he likely would have spent no more than a few nights in the hospital.

Work smarter, not harder

Mathematics is as much an aspect of culture as it is a collection of algorithms.

You never change things by fighting the existing reality,

To change something, build a new model that makes the existing model obsolete.

Mathematics is the queen of the sciences.

Without this playing with fantasy no creative work has ever yet come to birth. The debt we owe to the play of imagination is incalculable.