It's probably easier and cheaper to counterfeit hundred-dollar bills than it is to counterfeit Bitcoin. — Naval Ravikant Copy Share Image
While the traditional banks and credit card companies lock down access to their payments infrastructure to a handful of trusted parties, Bitcoin… — Naval Ravikant Copy Share Image
If you're investing in a company in the Bitcoin economy, you have to compare the valuation of the company to the valuation… — Naval Ravikant Copy Share Image
I think long-term, Bitcoin is a currency of the Internet. So, even if humans don't use it, routers will use it. Web… — Naval Ravikant Copy Share Image
China may censor YouTube. China may censor Twitter. They won't be able to censor Bitcoin. There's no central authority. There's no one… — Naval Ravikant Copy Share Image
Within my social circle, there is a large group of people who will take bitcoin as legal tender; like, you can go… — Naval Ravikant Copy Share Image
Cryptocurrencies like Bitcoin are already trustless - any machine can accept it from any other, securely. They are (nearly) free. They are… — Naval Ravikant Copy Share Image
We can code wills, escrows, trusts, notaries, revokable charge backs, proof of contracts, intellectual property enforcement. What Wall Street does can be… — Naval Ravikant Copy Share Image
It's important not to think about Bitcoin as a replacement for cash or gold or something that works alongside that; it's to… — Naval Ravikant Copy Share Image
The ledger, the distributed database - it's called a Blockchain - is held in the cloud by all the parties involved. It… — Naval Ravikant Copy Share Image
Just as the web democratized publishing and development, Bitcoin can democratize building new financial services. Contracts can be entered into, verified, and… — Naval Ravikant Copy Share Image
People think about Bitcoin incorrectly. They think about it as currency or about gold or hoarding, speculation, about how much money do… — Naval Ravikant Copy Share Image
Think of Bitcoin as a bank account in the cloud, and it's completely decentralized: not the Swiss government, not the American government.… — Naval Ravikant Copy Share Image
Entrepreneurship is really hard and painful - I'm not sure I'd recommend it for anyone who can't handle the extreme stress. — Naval Ravikant Copy Share
“A fit body, a calm mind, a house full of love. These things cannot be bought — they must be earned.” — Naval Ravikant Copy Share
Nation states that are used to imposing capital controls will face a quandary: ban cryptocurrencies and live in the technology dustbin; enable them, and… — Naval Ravikant Copy Share
Cryptocurrencies are an emergent property of the Internet - almost a fifth protocol in the Internet suite. If Satoshi Nakomoto did not exist, it… — Naval Ravikant Copy Share
Our model is very, very different to LinkedIn. We only deal with very small companies. We don't have any support for recruiters. In fact,… — Naval Ravikant Copy Share
I think almost everything about humans and human civilization is explained better by evolution than anything else. — Naval Ravikant Copy Share
One philosophy I have at AngelList is I would rather have someone working on the wrong thing and do it their way and be… — Naval Ravikant Copy Share
“I don't actually read a lot of books. I pick up a lot of books and only get through a few, which form the… — Naval Ravikant Copy Share
Getting in the middle of financial transactions is a regulatory minefield. — Naval Ravikant Copy Share
In an ideal world, you raise a lot of money and then there is a downturn, before you start investing so you get better… — Naval Ravikant Copy Share
If you go to a venture firm, what you're doing is you're buying money from them in exchange for equity. They have a commodity… — Naval Ravikant Copy Share
Startups often want to control the timing of their financing announcement and prefer not to reveal amounts raised for competitive reasons. If more of… — Naval Ravikant Copy Share
We are seeing a lot of cases where the startups are writing the term sheet, dictating the terms, selling common stock instead of preferred… — Naval Ravikant Copy Share
