Bitcoin Quote by Brad Garlinghouse
“In 2017, people have realized there isn't going to be one crypto to rule them all. You're seeing vertical solutions where XRP is focused on payment problems, Ethereum is focused on smart contracts, and increasingly, bitcoin is a store of value. Those aren't competitive. In fact, I want bitcoin and Ethereum to be successful.”
About This Quote
Source Interview: Bloomberg Tech, 2017
Different blockchains serve distinct purposes; they are complementary rather than competing for a single role.
In simple terms: Each blockchain has its own niche.
Choose the blockchain that fits your problem.
Themes
Mood
Type
When to use this quote
- payments
- smart contracts
- store of value
- investment strategy
Key Concepts
Questions to Reflect On
- Which blockchain best solves your specific need?
- How can ecosystems stay compatible?
Market fragmentation may hinder interoperability.