Deal Quote by Balaji Srinivasan
“If you deal with information, you need the Internet. If you deal with money, you need to deal with blockchains.”
About This Quote
Source Interview: Podcast on Decentralized Finance, 2021
Internet is essential for information; blockchains are essential for money; each technology underpins its domain.
In simple terms: Internet for info, blockchains for money.
Adopt blockchain for financial tasks.
Themes
Mood
Type
When to use this quote
- online research
- cryptocurrency transactions
- smart contracts
- financial planning
Key Concepts
Questions to Reflect On
- What financial tasks could benefit from blockchain?
- Are you comfortable with decentralized systems?
Blockchain adoption faces regulatory uncertainty.