Bitcoin Quote by Balaji Srinivasan

“Isn't the purpose of bitcoin mining simply to get rich - or not, as the case may be? Well, at 21, we are less concerned with bitcoin as a financial instrument and more interested in bitcoin as a protocol - and particularly in the industrial uses of bitcoin enabled by embedded mining.” quote by Balaji Srinivasan — Download Open image

“Isn't the purpose of bitcoin mining simply to get rich - or not, as the case may be? Well, at 21, we are less concerned with bitcoin as a financial instrument and more interested in bitcoin as a protocol - and particularly in the industrial uses of bitcoin enabled by embedded mining.”

Balaji Srinivasan

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The future of technology is not really location-based apps; it is about making location completely unimportant.

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Tokenization applies to scarce assets. Today, the most appropriate thing to tokenize is something that's purely digital. Bitcoin and ethereum are the canonical.

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Our nation of immigrants is, tautologically, a nation of emigrants.

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Don't do a startup unless you're ideologically driven to make it succeed beyond the economic motivation.

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By, say, 2025-2030, I expect that there will be multiple jurisdictions that allow the tokenization of virtually any scarce resource, all the way down…

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If you deal with information, you need the Internet. If you deal with money, you need to deal with blockchains.

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I'm interested in businesses that take digital bits and turn them into interfaces for physical atoms. I'm also interested in drones, Bitcoin, and 3D…

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There are downsides to implicitly trusting banks, as the 2008 financial crisis showed.

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