Quotes About Decentralization

I do believe that power needs to be returned to the states. I think that we've got way too much power in Washington. This is where I'm focused: way too much power in Washington.

The key to management is to get rid of the managers.

Federalism is an intrinsic part of our constitutional set-up.

In the blockchain world, each user can and should own their data, and 'central' players are less vulnerable to data losses and breaches.

Bitcoin is here to stay.

I don't see myself as the king of Bitcoin. I don't want to be the king of Bitcoin.

How do we create new value? You create value by running services on the blockchain.

t0 is blockchain-agnostic so, ultimately, we can use anybody's blockchain.

Distributed ledgers are inherently harder to attack because instead of a single database, there are multiple shared copies of the same database, so a cyber stack would have to attack all the copies simultaneously to be successful.

At first, almost everyone who got involved did so for philosophical reasons. We saw bitcoin as a great idea, as a way to separate money from the state.

In all honesty, the reason we did The Pirate Bay was to bring freedom and take back control from a centralized system.

The main event isn't bitcoin. It's using the blockchain to disrupt other industries and Wall Street.

When we look at government in Washington or what's happening on Wall Street, we see so much centralization. But really, our goals should be to eliminate and overcome these central institutions. And in recent years we have gained powerful new tools to do this, and most significant among those is the block chain, which is the software behind Bitcoin.

If the world's using bitcoin, governments won't be able to fund wars through inflation like they do today.

The less government we have the better.

Power is best when it's distributed most broadly.

With BitTorrent, the cat's out of the bag.

The purpose of activism and art, or at least of mine, is to make a world in which people are producers of meaning, not consumers, and writing this book I now see how this is connected to the politics of hope and to those revolutionary days that are the days of creation of the world. Decentralization and direct democracy could, in one definition, be this politic in which people are producers, possessed of power and vision, in an unfinished world.

There is no more great men; there is only great committees.

Bitcoin may be the TCP/IP of money.

The leader builds dispersed and diverse leadership - distributing leadership to the outermost edges of the circle to unleash the power of shared responsibility.

The highly decentralized nature of the medieval world of Indian Ocean trade produced a bubbling stew of Darwinian economic competition, in which those states whose political "mutations" were best suited to trade and commerce thrived, and those whose institutions were not withered.

A "permissionless" cryptocurrency like Bitcoin is built to be out of anyone's control, wastes incredible amounts of electricity — Bitcoin uses about as much power as all of Austria45 — and would be a completely silly idea for a company to develop as an investment, unless they were maintaining control by other means.

If the Tenth Amendment were still taken seriously, most of the federal government's present activities would not exist. That's why no one in Washington ever mentions it.