Bitcoin Quote by Fred Ehrsam

“Bitcoin is valuable as a currency because of the economic efficiencies the bitcoin network is already creating as transactions flow over it. As with the Internet, more applications will flourish which will make the bitcoin network, and thus bitcoin as a currency, valuable.” quote by Fred Ehrsam — Download Open image

“Bitcoin is valuable as a currency because of the economic efficiencies the bitcoin network is already creating as transactions flow over it. As with the Internet, more applications will flourish which will make the bitcoin network, and thus bitcoin as a currency, valuable.”

Fred Ehrsam

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More by Fred Ehrsam

Sales conducted on-chain through smart contracts couldn't really be done before Ethereum, which is why they are a newer concept. I think this style…

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OpenAI is doing important work by releasing tools which promote AI to be developed in the open. Compute power is largely produced by NVIDIA…

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AIs are only as good as the data they are trained on.

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I'd guess blockchains will be the full-blown backbone of virtual worlds - the system for currency, assets, identity, even governance - before doing the…

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Make no mistake - Ethereum would never have existed without Bitcoin as a forerunner. That said, I think Ethereum is ahead of Bitcoin in many ways and represents the bleeding edge of digital currency.

Fred Ehrsam

Bitcoin has a core technological innovation: The ability to publicly verify ownership, instantly transfer that ownership, and do so without the need for a…

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When you drill down, blockchains are really a shared version of reality everyone agrees on. So whether it's a fully immersive VR experience, augmented…

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At GDAX, we want to see new protocols and their tokens flourish.

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Just like mutations to DNA in biological organisms allow for evolution through natural selection, forking lets us run multiple experiments in parallel where the…

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The fundamentals of the token model are valuable and powerful. They allow communities to govern themselves, their economics, and rally a community in powerful…

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Redistributing tokens is a balancing act. In most cases, forks probably want to keep ownership for users constant so users have at least the…

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Bitcoin is inherently international, and one of its great promises is it enables cross-border payments in a more efficient way.

Fred Ehrsam

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Explore all 52 Fred Ehrsam quotes

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The bitcoin network is not a payments network and it is not a scaling network.

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Calling bitcoin volatile - it's a non-statement. Unregulated assets with unclear regulatory landscapes are always going to be volatile. That's what unregulated assets do.

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