Community Quote by Fred Ehrsam

“The fundamentals of the token model are valuable and powerful. They allow communities to govern themselves, their economics, and rally a community in powerful ways that will allow open systems to flourish in a way that was previously impossible.” quote by Fred Ehrsam — Download Open image

“The fundamentals of the token model are valuable and powerful. They allow communities to govern themselves, their economics, and rally a community in powerful ways that will allow open systems to flourish in a way that was previously impossible.”

Fred Ehrsam

★ ★ ★ ★ ★ 4.7 out of 5 (4 ratings)

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…

Fred Ehrsam

Image

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

Fred Ehrsam

Image

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

Fred Ehrsam

Image

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

Fred Ehrsam

Image

Make no mistake - Ethereum would never have existed without Bitcoin as a forerunner. That said, I think Ethereum is ahead of Bitcoin in…

Fred Ehrsam

Image

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

Fred Ehrsam

Image

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…

Fred Ehrsam

Image

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

Fred Ehrsam

Image

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

Fred Ehrsam

Image

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

Fred Ehrsam

Image

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

Fred Ehrsam

Image

When the actual Bitcoin network launched in 2009, no one knew about it, and many of those who did thought it would surely fail.…

Fred Ehrsam

Image

Explore all 52 Fred Ehrsam quotes

More Community quotes

Race is the idea that a human being is more superior than another human being, race in society grants illusional rights to mistreat each…

Jeremy Limn

Image

But we are convinced that if we are to play a meaningful role nationally, and in the community of nations, we must be second…

Vikram Sarabhai

Image

In the hearing world, I'm constantly having to lip-read and trying to understand what's going on. Sign language is so beautiful. It gives you…

Rose Ayling-Ellis

Image

The strains and stresses suffered by the individual in society are grounded in the normal functioning of that society (and of the individual!) rather…

Herbert Marcuse

Image

Hackney gets a bit of a bad rap, but it's the only place I've ever lived that felt like a community. I know my…

Sharon Horgan

Image

The social [media channel] isn't about beauty contests and popularity contests. They're a distortion, a caricature of the real thing. It's about trust, connection,…

Umair Haque