There is absolutely no reason in the world of blockchain to build in net settlement. It's like saying you have got a new Ferrari and we are going to put a lawnmower engine in it. — Patrick M. Byrne Copy Share Image
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.… — Patrick M. Byrne Copy Share Image
I'm not in the business of bayoneting the wounded. I feel the blockchain revolution is kind of my victory. I don't care whether I… — Patrick M. Byrne Copy Share Image
This is where the block chain is most useful and revolutionary: It helps us to overcome the problem of mutual trust in exchange, which… — Patrick M. Byrne Copy Share Image
There are dodgy characters in Bitcoin. But there are dodgy characters in cash, too. — Patrick M. Byrne Copy Share Image
People didn't know where they could trade. When everybody owes each other IOUs that can be in multiple places at once, that's how the… — Patrick M. Byrne Copy Share Image
I've been all over meeting government ministers and such in Caribbean financial circles. There's a small blockchain movement in the Caribbean. They've been quite… — Patrick M. Byrne Copy Share Image
If we get to a world of digital securities, then there isn't a need for DTC and Cede & Co. anymore. It's a really… — Patrick M. Byrne Copy Share Image
How high can bitcoin go? The real question is how low can the dollar go? — Patrick M. Byrne Copy Share Image
For the first time in 6,000 years of human history, we can have peer-to-peer exchange where trust is not a problem anymore. And it's… — Patrick M. Byrne Copy Share Image
The main event isn't bitcoin. It's using the blockchain to disrupt other industries and Wall Street. — Patrick M. Byrne Copy Share Image
The virtues of the blockchain is that it would be that it's peer-to-peer settlement - no centralized settlement, no manipulation... And most importantly, there's… — Patrick M. Byrne Copy Share Image
We want enough people adopting Bitcoin for a robust infrastructure. It's an act of patriotism. It gives the country a robust parallel system. — Patrick M. Byrne Copy Share Image
I've been in a room in Silicon Valley where on the wall they have 160 industries they think blockchain can disrupt. We picked six… — Patrick M. Byrne Copy Share Image
You're going to start seeing open-source, self-executing contracts gradually improve over time. What the Internet did to publishing, blockchain will do to about 160… — Patrick M. Byrne Copy Share Image
There are regulators at the SEC and elsewhere who are really excited about the potential of the blockchain. They understand you can build a… — Patrick M. Byrne Copy Share Image
There is an opportunity to recreate the financial world as we know it in the parallel universe that is the blockchain. We are writing… — Patrick M. Byrne Copy Share Image
