Quotes About Blockchain

For the foreseeable future, I'm all about building blockchain-based decentralized services.

Digital currency is not going away. It's here to stay.

Within tech, there's a subgroup of people that are pro crypto and pro blockchain. That's a very, very robust network and they're awesome.

The revolution of blockchain is not going to happen from outside the system; it's going to happen from within the system.

Blockchain technology represents a generational opportunity to mutualize database infrastructure across entities within financial services. What that translates into is an enormous cost-saving, risk-reducing, and capital-enhancing opportunity.

The blockchain concept was pioneered within the context of crypto-currency Bitcoin, but engineers have imagined many other ways for distributed ledger technology to streamline the world. Stock exchanges and big banks, for example, are looking at blockchain-type systems as trading settlement platforms.

Bitcoin Cash was created by people who don't approve of Segregated Witness.

Segregated Witness was forced onto the miners by the community.

Our basic thesis for bitcoin is that it is better than gold.

The bigger thing with bitcoin is not bitcoin itself, but what does that decentralized technology really do?

Blockchain technology isn't just a more efficient way to settle securities. It will fundamentally change market structures, and maybe even the architecture of the Internet itself.

Security is tantamount in the world of digital currencies, and rapid growth puts the security of the entire ecosystem at risk.

The interesting thing about blockchain is that it has made it possible for humanity to reach a consensus about a piece of data without having any authority to dictate it.

The blockchain is to money what SMTP is to email. It's an open way to move value around. Every existing player in this space - not just Venmo but also Google and Facebook and others - are all closed; they all want to work just within their own walled garden.

Gradually, decentralized trust will be accepted as a new and effective trust model. We have seen this evolution of understanding before - on the Internet.

I care a great deal about what happens to Bitcoin.

The world is preoccupied with dissecting, analyzing and prognosticating on the blockchain's future; technologists, entrepreneurs, and enterprises are wondering if it is to be considered vitamin or poison.

Blockchains are digital organisms. As organisms evolve through changes in their DNA, blockchain protocols evolve through changes in their code. And like biological organisms, the most adaptive blockchains will be the ones that survive and thrive.

Right now, you've got three days between a trade and a settlement, with hundreds of millions in settlement risk tied up in that time. That all goes away in a blockchain system because you've reunited the trade with the settlement. They're not two separate processes.

The Internet treats censorship as a malfunction and routes around it.

In Seoul, there are plans to create a blockchain ecosystem to make it a city that will be recognized as the center of blockchain in the world.

Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly.

I've been an entrepreneur and venture capitalist in the cryptocurrency industry for a long time, working with numerous projects.

We're working on making sure that our incentives are in place and that our legislation promotes crypto and blockchain and is forward-thinking. We want to make sure that we're creating as much of an equity framework from an educational perspective as we possibly can.