Quotes About Decentralization

Bitcoin is amazingly transformative because it's the first time in the entire history of the world in which anybody can now send or receive any amount of money, with anyone else, anywhere on the planet, without having to ask permission from any bank or government.

Like the Internet, Bitcoin will change the way people interact and do business around the world.

What proplets do is they look to the blockchain to see who owns them; they are kind of like SIM cards today - they know where they are at.

The philosophy is that you push the power of decision making out to the periphery and away from the center. You give people the room to adapt, based on their experience and expertise. All you ask is that they talk to one another and take responsibility. That is what works. The

The philosophy is that you push the power of decision making out to the periphery and away from the center. You give people the room to adapt, based on their experience and expertise. All you ask is that they talk to one another and take responsibility. That is what works.

We must decentralize to deal with regional satraps.

In my opinion, one of the most exciting potentials of the blockchain relate to creating new business models, whether in public or in private settings. In most of these cases, the new models don't care for incumbents because they are mostly on a disruption quest.

Bitcoin and the block chain enables a whole new way to incentivize and transact, so change the world with this new tool. Create and build! Surprise us with an idea we have never seen before.

The thing that makes me excited about cryptocurrency is that it is something that is changing the world, and it's changing it in a way that is fundamentally different from what has come before.

The world has become so complex that the idea of a power in which everything comes together and can be controlled in a centralized way is now erroneous.

the complexity of society does not imply a planner.

The internet has no centre and no hierarchy. All the computers that use it are equal – 'peers' in a network.

So plants can withstand almost any loss, and regenerate easily. They are utterly decentralised.

Brink Lindsey has pointed out. 'Despite the obvious successes of unplanned markets, despite the spectacular rise of the Internet's decentralized order, and despite the well-publicized new science of "complexity" and its study of self-organizing systems, it is still widely assumed that the only alternative to central authority is chaos.

The coffeehouse model of creativity helps explain one of those strange paradoxes of twenty-first-century business innovation. Even as much of the high-tech culture has embraced decentralized, liquid networks in their approach to innovation, the company that is consistently ranked as the most innovative in the world—Apple—remains defiantly top-down and almost comically secretive in its development of new products.

I believe in the Italy of municipalities, of the Renaissance, not in Mussolini's centralization.

You could imagine something like a completely automated system for renting bikes that's just done completely over blockchain crypto-payments. And theoretically just sort of start it up, and it works completely autonomously.

The right way to think about the blockchain is that it's going to replace the entire Internet.

The old question 'Is it in the database?' will be replaced by 'Is it on the blockchain?'

I hope that we increasingly shift power to local governments.

To shut down Bitcoin is to shut down the Internet.

I love the idea of shifting power away from institutions and toward individual creative people.

That's what the founding fathers intended, that most decisions be made at the state level, not at the federal level.

The blockchain is going to change everything more than the Internet has.