--- title: "Meaning & Key Takeaway of: There are a lot of really fabulous things…" description: "\"There are a lot of really fabulous things that get done with digital assets and blockchain technologies to reduce friction, to reduce costs, and enable..." image: "https://sms4smile.com/quotes/i/6c6/brad-garlinghouse-15542_blockchain_there-are-a-lot-of-really-fabulous-thing_1615630.jpg" --- # There are a lot of really fabulous things that get done… ![“There are a lot of really fabulous things that get done with digital assets and blockchain technologies to reduce friction, to reduce costs, and enable things that weren't possible before.” quote by Brad Garlinghouse](https://sms4smile.com/quotes/i/6c6/brad-garlinghouse-15542_blockchain_there-are-a-lot-of-really-fabulous-thing_1615630.jpg) [Download](https://sms4smile.com/quotes/i/6c6/brad-garlinghouse-15542_blockchain_there-are-a-lot-of-really-fabulous-thing_1615630.jpg) [Open image](https://sms4smile.com/quotes/i/6c6/brad-garlinghouse-15542_blockchain_there-are-a-lot-of-really-fabulous-thing_1615630.jpg) > “There are a lot of really fabulous things that get done with digital assets and blockchain technologies to reduce friction, to reduce costs, and enable things that weren't possible before.” [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Highlights blockchain’s ability to cut friction, lower costs, and enable new possibilities. **In simple terms:** Blockchain reduces barriers and creates new opportunities. Key Takeaway Leverage blockchain for efficiency. Themes technology innovation economics Mood optimistic analytical Type technological visionary When to use this quote - supply chain management - financial services - digital art - government services Key Concepts decentralization smart contracts Questions to Reflect On - What problems can blockchain solve best? - How do you address security concerns? A Different Perspective Adoption challenges and regulatory uncertainty. ★ ★ ★ ★ ★ No ratings yet [Assets Blockchain](https://sms4smile.com/quotes/about/assets-blockchain-6121201/) [Blockchain](https://sms4smile.com/quotes/about/blockchain/) [Blockchain Technologies](https://sms4smile.com/quotes/about/blockchain-technologies-351412/) [Digital Assets](https://sms4smile.com/quotes/about/digital-assets-613466/) [Done](https://sms4smile.com/quotes/about/done/) [Fabulous](https://sms4smile.com/quotes/about/fabulous/) [Possible](https://sms4smile.com/quotes/about/possible/) [Technologies Reduce](https://sms4smile.com/quotes/about/technologies-reduce-5658719/) [Technology](https://sms4smile.com/quotes/about/technology/) [Things Digital](https://sms4smile.com/quotes/about/things-digital-1931455/) ## Related quotes > [Blockchain technologies will change transactions in a broad way.](https://sms4smile.com/quotes/brad-garlinghouse/blockchain-technologies-will-change-transactions-in-a-broad-way/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [2016 has proven to be the year where the most forward-thinking financial institutions are actually using blockchain technologies for payments and settlement rather than…](https://sms4smile.com/quotes/chris-larsen/2016-has-proven-to-be-the-year-where-the-most-forward-thinking/) [Chris Larsen](https://sms4smile.com/quotes/author/chris-larsen/) > [Polychain manages a hedge fund that invests exclusively in digital assets. We invest exclusively in protocols, not companies, and we do this by investing…](https://sms4smile.com/quotes/olaf-carlson-wee/polychain-manages-a-hedge-fund-that-invests-exclusively-in-digital/) [Olaf Carlson-Wee](https://sms4smile.com/quotes/author/olaf-carlson-wee/) > [Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets in the…](https://sms4smile.com/quotes/vitalik-buterin/giving-users-easy-access-to-many-different-kinds-of-digital-assets-on/) [Vitalik Buterin](https://sms4smile.com/quotes/author/vitalik-buterin/) > [What will prevail is this will to reduce the world to the point where one could possess it. All military technologies reduce the world…](https://sms4smile.com/quotes/paul-virilio/what-will-prevail-is-this-will-to-reduce-the-world-to-the-point-where/) [Paul Virilio](https://sms4smile.com/quotes/author/paul-virilio/) > [We need to come up with use cases for this technology that drive clear benefits for individuals and institutions - these are our customers.…](https://sms4smile.com/quotes/abigail-johnson/we-need-to-come-up-with-use-cases-for-this-technology-that-drive/) [Abigail Johnson](https://sms4smile.com/quotes/author/abigail-johnson/) > [If blockchain technologies ignore the eventuality of standards, we are going to see less adoption. Maybe we should think of the blockchain as a…](https://sms4smile.com/quotes/william-mougayar/if-blockchain-technologies-ignore-the-eventuality-of-standards-we-are/) [William Mougayar](https://sms4smile.com/quotes/author/william-mougayar/) > [“A responsive IT means a lot of things for the digital transformation: Speed, innovation, agility, integration, modernization, intelligence, value creation, and maturity, etc”](https://sms4smile.com/quotes/pearl-zhu/a-responsive-it-means-a-lot-of-things-for-the-digital-transformation/) [Pearl Zhu](https://sms4smile.com/quotes/author/pearl-zhu/) > [You can fix things with digital technology and there's a temptation to fix everything or make it perfect and what you're losing there is…](https://sms4smile.com/quotes/joe-walsh/you-can-fix-things-with-digital-technology-and-there-s-a-temptation/) [Joe Walsh](https://sms4smile.com/quotes/author/joe-walsh/) > [One of the most important things in the digital world is being able to story-tell and help people envision the art of the possible…](https://sms4smile.com/quotes/jamie-s-miller/one-of-the-most-important-things-in-the-digital-world-is-being-able/) [Jamie S. Miller](https://sms4smile.com/quotes/author/jamie-s-miller/) > [Of all the things that the digital revolution has produced, once of the coolest, simplest ones is you can now contact people who write…](https://sms4smile.com/quotes/stephen-j-dubner/of-all-the-things-that-the-digital-revolution-has-produced-once-of/) [Stephen J. Dubner](https://sms4smile.com/quotes/author/stephen-j-dubner/) > [When things are digital, they're all 1's and zero's, and so they commingle in ways we didn't anticipate and you could do things that…](https://sms4smile.com/quotes/nicholas-negroponte/when-things-are-digital-they-re-all-1-s-and-zero-s-and-so-they/) [Nicholas Negroponte](https://sms4smile.com/quotes/author/nicholas-negroponte/) > [I think one of the most exciting things about the whole digital side of publishing is that it eventually allows you to operate at…](https://sms4smile.com/quotes/robin-sloan/i-think-one-of-the-most-exciting-things-about-the-whole-digital-side/) [Robin Sloan](https://sms4smile.com/quotes/author/robin-sloan/) > [Digital assets, including bitcoin, could save small businesses substantial transaction fees and provide an added layer of security to their payment processing.](https://sms4smile.com/quotes/perianne-boring/digital-assets-including-bitcoin-could-save-small-businesses/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) > [Digital assets are a fast-evolving sector, and the United States must lead in this space. Innovation should be encouraged, and it must be safe,…](https://sms4smile.com/quotes/ruben-gallego/digital-assets-are-a-fast-evolving-sector-and-the-united-states-must/) [Ruben Gallego](https://sms4smile.com/quotes/author/ruben-gallego/) ## More by Brad Garlinghouse > [I had been exposed to bitcoin early. I thought the consumer application of it felt, to me, further away. I thought there would be…](https://sms4smile.com/quotes/brad-garlinghouse/i-had-been-exposed-to-bitcoin-early-i-thought-the-consumer/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [To be candid, I think, in retrospect, it was a mistake to work at AOL when I did. I think I had rose-colored glasses…](https://sms4smile.com/quotes/brad-garlinghouse/to-be-candid-i-think-in-retrospect-it-was-a-mistake-to-work-at-aol/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [What xRapid allows you to do is to have real-time liquidity.](https://sms4smile.com/quotes/brad-garlinghouse/what-xrapid-allows-you-to-do-is-to-have-real-time-liquidity/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [Whether you talk about Africa or underbanked communities, these are all examples where Ripple can change the way society works.](https://sms4smile.com/quotes/brad-garlinghouse/whether-you-talk-about-africa-or-underbanked-communities-these-are/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [Governments aren't going to go away; banks aren't going to go away.](https://sms4smile.com/quotes/brad-garlinghouse/governments-aren-t-going-to-go-away-banks-aren-t-going-to-go-away/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [You should empower the creativity of others.](https://sms4smile.com/quotes/brad-garlinghouse/you-should-empower-the-creativity-of-others/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [There is a lot of volatility in the digital asset market broadly, and certainly that is true in the bitcoin market. It's been true…](https://sms4smile.com/quotes/brad-garlinghouse/there-is-a-lot-of-volatility-in-the-digital-asset-market-broadly-and/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [I think any great culture is born out of transparent, authentic communication. You almost can't overcommunicate. You can try, and you might think, 'Oh,…](https://sms4smile.com/quotes/brad-garlinghouse/i-think-any-great-culture-is-born-out-of-transparent-authentic/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [Blockchain is like the new big data or AI - too many people are using it as a buzzword and not focused solving a…](https://sms4smile.com/quotes/brad-garlinghouse/blockchain-is-like-the-new-big-data-or-ai-too-many-people-are-using/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [I'm a big fan of what Salesforce has achieved.](https://sms4smile.com/quotes/brad-garlinghouse/i-m-a-big-fan-of-what-salesforce-has-achieved/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [Blockchain technologies will change transactions in a broad way.](https://sms4smile.com/quotes/brad-garlinghouse/blockchain-technologies-will-change-transactions-in-a-broad-way/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [To me, if we're not failing a little bit, we're not trying hard enough. I think great cultures encourage risk and are tolerant of…](https://sms4smile.com/quotes/brad-garlinghouse/to-me-if-we-re-not-failing-a-little-bit-we-re-not-trying-hard-enough/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [Ripple is focused on enabling a global network of financial institutions to use our software to create what we call the Internet of Value.](https://sms4smile.com/quotes/brad-garlinghouse/ripple-is-focused-on-enabling-a-global-network-of-financial/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [The thing I think is often misunderstood about Ripple is people say, 'Oh, Ripple is a centralized platform.' To me, this is a legacy…](https://sms4smile.com/quotes/brad-garlinghouse/the-thing-i-think-is-often-misunderstood-about-ripple-is-people-say/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [I think what Ripple is doing is not just, 'Hey, how do we enable banks' - it's a broader effort in how can you…](https://sms4smile.com/quotes/brad-garlinghouse/i-think-what-ripple-is-doing-is-not-just-hey-how-do-we-enable-banks/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) [Explore all 42 Brad Garlinghouse quotes ](https://sms4smile.com/quotes/author/brad-garlinghouse/) ## More Blockchain quotes > [I had been exposed to bitcoin early. I thought the consumer application of it felt, to me, further away. I thought there would be…](https://sms4smile.com/quotes/brad-garlinghouse/i-had-been-exposed-to-bitcoin-early-i-thought-the-consumer/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [We don't think the blockchain can do most of what's been ascribed to it. But we're entering the Internet of value - and that…](https://sms4smile.com/quotes/chris-larsen/we-don-t-think-the-blockchain-can-do-most-of-what-s-been-ascribed-to/) [Chris Larsen](https://sms4smile.com/quotes/author/chris-larsen/) > [What proplets do is they look to the blockchain to see who owns them; they are kind of like SIM cards today - they…](https://sms4smile.com/quotes/nick-szabo/what-proplets-do-is-they-look-to-the-blockchain-to-see-who-owns-them/) [Nick Szabo](https://sms4smile.com/quotes/author/nick-szabo/) > [I'm passionate about blockchain as a whole, decentralized finance as a whole.](https://sms4smile.com/quotes/spencer-dinwiddie/i-m-passionate-about-blockchain-as-a-whole-decentralized-finance-as-a/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [Let's hope the Canadian public sector starts putting the blockchain on their agenda so we can see a significant difference in how government services…](https://sms4smile.com/quotes/william-mougayar/let-s-hope-the-canadian-public-sector-starts-putting-the-blockchain/) [William Mougayar](https://sms4smile.com/quotes/author/william-mougayar/) > [The blockchain applications market is unravelling along a segmentation of activity that is spread along two sets of variables: private vs. public blockchains, and…](https://sms4smile.com/quotes/william-mougayar/the-blockchain-applications-market-is-unravelling-along-a/) [William Mougayar](https://sms4smile.com/quotes/author/william-mougayar/) > [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…](https://sms4smile.com/quotes/patrick-m-byrne/people-didn-t-know-where-they-could-trade-when-everybody-owes-each/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [“In terms of adoption, Bitcoin has roughly the same users as the Internet had in 1997. But Bitcoin is growing faster. The next four…](https://sms4smile.com/quotes/olawale-daniel/in-terms-of-adoption-bitcoin-has-roughly-the-same-users-as-the/) [Olawale Daniel](https://sms4smile.com/quotes/author/olawale-daniel/) > [“Privacy is now the evidence, not the obstacle. Today, proof no longer requires exposure. Privacy has always been here, it's just that it became…](https://sms4smile.com/quotes/olawale-daniel/privacy-is-now-the-evidence-not-the-obstacle-today-proof-no-longer/) [Olawale Daniel](https://sms4smile.com/quotes/author/olawale-daniel/) > [Scalability is this idea of coming up with a blockchain that can scale much larger than existing chains essentially by processing transactions in parallel.…](https://sms4smile.com/quotes/vitalik-buterin/scalability-is-this-idea-of-coming-up-with-a-blockchain-that-can/) [Vitalik Buterin](https://sms4smile.com/quotes/author/vitalik-buterin/) > [“The cryptocurrency industry, powered by blockchain technology, has been dominated mostly by male while the traction of the female participants aren’t much to write…](https://sms4smile.com/quotes/olawale-daniel/the-cryptocurrency-industry-powered-by-blockchain-technology-has-been/) [Olawale Daniel](https://sms4smile.com/quotes/author/olawale-daniel/) > [While it may seem scarier in the earlier days, I think ultimately the blockchain creates a safer world.](https://sms4smile.com/quotes/fred-ehrsam/while-it-may-seem-scarier-in-the-earlier-days-i-think-ultimately-the/) [Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/) > [Transactions on the blockchain offer a unique ability for tracing and tracking, including analyzing trends on the ledger.](https://sms4smile.com/quotes/katie-britt/transactions-on-the-blockchain-offer-a-unique-ability-for-tracing-and/) [Katie Britt](https://sms4smile.com/quotes/author/katie-britt/) > [The main event isn't bitcoin. It's using the blockchain to disrupt other industries and Wall Street.](https://sms4smile.com/quotes/patrick-m-byrne/the-main-event-isn-t-bitcoin-it-s-using-the-blockchain-to-disrupt/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [Blockchain technologies will change transactions in a broad way.](https://sms4smile.com/quotes/brad-garlinghouse/blockchain-technologies-will-change-transactions-in-a-broad-way/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) [Browse all 88 Blockchain quotes ](https://sms4smile.com/quotes/about/blockchain/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "There are a lot of really fabulous things that get done with digital assets and blockchain technologies to reduce friction, to reduce costs, and enable things that weren't possible before.", "creator": { "@type": "Person", "name": "Brad Garlinghouse" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/brad-garlinghouse/there-are-a-lot-of-really-fabulous-things-that-get-done-with-digital/", "about": { "@type": "Thing", "name": "Blockchain" }, "@id": "https://sms4smile.com/quotes/brad-garlinghouse/there-are-a-lot-of-really-fabulous-things-that-get-done-with-digital/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/6c6/brad-garlinghouse-15542_blockchain_there-are-a-lot-of-really-fabulous-thing_1615630.jpg", "contentUrl": "https://sms4smile.com/quotes/i/6c6/brad-garlinghouse-15542_blockchain_there-are-a-lot-of-really-fabulous-thing_1615630.jpg", "url": "https://sms4smile.com/quotes/i/6c6/brad-garlinghouse-15542_blockchain_there-are-a-lot-of-really-fabulous-thing_1615630.jpg", "width": 1080, "height": 1080, "caption": "“There are a lot of really fabulous things that get done with digital assets and blockchain technologies to…” — Brad Garlinghouse", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Brad Garlinghouse", "item": "https://sms4smile.com/quotes/author/brad-garlinghouse/" }, { "@type": "ListItem", "position": 4, "name": "There are a lot of really...", "item": "https://sms4smile.com/quotes/brad-garlinghouse/there-are-a-lot-of-really-fabulous-things-that-get-done-with-digital/" } ], "@id": "https://sms4smile.com/quotes/brad-garlinghouse/there-are-a-lot-of-really-fabulous-things-that-get-done-with-digital/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```