--- title: "Meaning & Key Takeaway of: Bitcoin can be programmed, metered, and…" description: "\"Bitcoin can be programmed, metered, and exchanged by connected devices, enabling more efficient usage of our planet's resources and services.\" — Jeremy..." image: "https://sms4smile.com/quotes/i/111/jeremy-allaire-21684_bitcoin_bitcoin-can-be-programmed-metered-and-ex_2721325.jpg" --- # Bitcoin can be programmed, metered, and exchanged by… ![“Bitcoin can be programmed, metered, and exchanged by connected devices, enabling more efficient usage of our planet's resources and services.” quote by Jeremy Allaire](https://sms4smile.com/quotes/i/111/jeremy-allaire-21684_bitcoin_bitcoin-can-be-programmed-metered-and-ex_2721325.jpg) [Download](https://sms4smile.com/quotes/i/111/jeremy-allaire-21684_bitcoin_bitcoin-can-be-programmed-metered-and-ex_2721325.jpg) [Open image](https://sms4smile.com/quotes/i/111/jeremy-allaire-21684_bitcoin_bitcoin-can-be-programmed-metered-and-ex_2721325.jpg) > “Bitcoin can be programmed, metered, and exchanged by connected devices, enabling more efficient usage of our planet's resources and services.” [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Technology can embed economic rules directly into devices, allowing autonomous transactions that optimize resource use. **In simple terms:** Programmable money lets devices trade and manage resources automatically. Key Takeaway Design systems that let devices transact to reduce waste. Themes technology economics environment automation Mood optimistic innovative cautious Type visionary technical When to use this quote - IoT energy grids - shared mobility - supply chain logistics - renewable energy markets Key Concepts decentralization smart contracts resource optimization Questions to Reflect On - How can we ensure fairness in machine‑to‑machine economies? - What safeguards prevent exploitation? A Different Perspective Requires reliable infrastructure and trust in code, which can be vulnerable. ★ ★ ★ ★ ★ No ratings yet [Bitcoin](https://sms4smile.com/quotes/about/bitcoin/) [Currency](https://sms4smile.com/quotes/about/currency/) [Planet](https://sms4smile.com/quotes/about/planet/) ## Related quotes > [“We are metered only by our own machines, while the book is a clock that forgets her machanics.”](https://sms4smile.com/quotes/amy-king/we-are-metered-only-by-our-own-machines-while-the-book-is-a-clock/) [Amy King](https://sms4smile.com/quotes/author/amy-king/) > [I think that cars today are almost the exact equivalent of the great Gothic cathedrals: I mean the supreme creation of an era, conceived…](https://sms4smile.com/quotes/roland-barthes/i-think-that-cars-today-are-almost-the-exact-equivalent-of-the-great/) [Roland Barthes](https://sms4smile.com/quotes/author/roland-barthes/) > [If it sounds like writing, I rewrite it. Or, if proper usage gets in the way, it may have to go. I can't allow…](https://sms4smile.com/quotes/elmore-leonard/if-it-sounds-like-writing-i-rewrite-it-or-if-proper-usage-gets-in-the/) [Elmore Leonard](https://sms4smile.com/quotes/author/elmore-leonard/) > [As the war was just in its origin and necessary and noble in its objects, we can reflect with a proud satisfaction that in…](https://sms4smile.com/quotes/james-madison/as-the-war-was-just-in-its-origin-and-necessary-and-noble-in-its/) [James Madison](https://sms4smile.com/quotes/author/james-madison/) > [In this age of globalization, instant real time media and television, everyone all over the world realizes that high energy usage equates with a…](https://sms4smile.com/quotes/john-olver/in-this-age-of-globalization-instant-real-time-media-and-television/) [John Olver](https://sms4smile.com/quotes/author/john-olver/) > [Computing shows up in many different ways. You have computing that you wear, computing that you carry. What you think of as the traditional…](https://sms4smile.com/quotes/michael-dell/computing-shows-up-in-many-different-ways-you-have-computing-that-you/) [Michael Dell](https://sms4smile.com/quotes/author/michael-dell/) > [Usage is like oxygen for ideas. That means every moment you're working on something without it being in the public it's actually dying, deprived…](https://sms4smile.com/quotes/matt-mullenweg/usage-is-like-oxygen-for-ideas-that-means-every-moment-you-re-working/) [Matt Mullenweg](https://sms4smile.com/quotes/author/matt-mullenweg/) > [If man did not exist as a world-spanning receptive realm of perception, if he were not engaged in this capacity, nothing at all could…](https://sms4smile.com/quotes/medard-boss/if-man-did-not-exist-as-a-world-spanning-receptive-realm-of/) [Medard Boss](https://sms4smile.com/quotes/author/medard-boss/) > [The dominant propaganda systems have appropriated the term "globalization" to refer to the specific version of international economic integration that they favor, which privileges…](https://sms4smile.com/quotes/noam-chomsky/the-dominant-propaganda-systems-have-appropriated-the-term/) [Noam Chomsky](https://sms4smile.com/quotes/author/noam-chomsky/) > [One of the things I like about my job is that it draws on the entire person: not just your knowledge of grammar and…](https://sms4smile.com/quotes/mary-norris/one-of-the-things-i-like-about-my-job-is-that-it-draws-on-the-entire/) [Mary Norris](https://sms4smile.com/quotes/author/mary-norris/) > [I'm really fascinated and you know I've been wondering about that usage of language, various breathing techniques and why in these practices language is…](https://sms4smile.com/quotes/kathy-acker/i-m-really-fascinated-and-you-know-i-ve-been-wondering-about-that/) [Kathy Acker](https://sms4smile.com/quotes/author/kathy-acker/) > [I think we have two conflicting traditions in this country. I think it's important for us to recognize that we've got a tradition of…](https://sms4smile.com/quotes/barack-obama/i-think-we-have-two-conflicting-traditions-in-this-country-i-think-it/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [It is nonetheless the best usage that decides the meaning of words.](https://sms4smile.com/quotes/wilson-follett/it-is-nonetheless-the-best-usage-that-decides-the-meaning-of-words/) [Wilson Follett](https://sms4smile.com/quotes/author/wilson-follett/) > [To husband is to use with care, to keep, to save, to make last, to conserve. Old usage tells us that there is a…](https://sms4smile.com/quotes/wendell-berry/to-husband-is-to-use-with-care-to-keep-to-save-to-make-last-to/) [Wendell Berry](https://sms4smile.com/quotes/author/wendell-berry/) > [Those who advocate common usage in philosophy sometimes speak in a manner that suggests the mystique of the 'common man.'](https://sms4smile.com/quotes/bertrand-russell/those-who-advocate-common-usage-in-philosophy-sometimes-speak-in-a/) [Bertrand Russell](https://sms4smile.com/quotes/author/bertrand-russell/) ## More by Jeremy Allaire > [I want to help create the world's first global currency built on the Internet and built on open platforms and standards such as Bitcoin,…](https://sms4smile.com/quotes/jeremy-allaire/i-want-to-help-create-the-world-s-first-global-currency-built-on-the/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [Our view is that consumer finance - what people think of as retail finance - that arena is ripe for disruption. Bitcoin is absolutely…](https://sms4smile.com/quotes/jeremy-allaire/our-view-is-that-consumer-finance-what-people-think-of-as-retail/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [We really think of Bitcoin as a global, interoperable payment network instead of a store of value.](https://sms4smile.com/quotes/jeremy-allaire/we-really-think-of-bitcoin-as-a-global-interoperable-payment-network/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [With greater extensibility and programmability, bitcoin can evolve to enable transformations in how all forms of property are secured and exchanged, how voting and…](https://sms4smile.com/quotes/jeremy-allaire/with-greater-extensibility-and-programmability-bitcoin-can-evolve-to/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [I think there's a need for services that will make it easier for Chinese consumers to spend globally. The Bitcoin network could be an…](https://sms4smile.com/quotes/jeremy-allaire/i-think-there-s-a-need-for-services-that-will-make-it-easier-for/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [The big idea of, 'Hey, I can pay anyone, anywhere, with whatever digital wallet they have, and it just flows around the Internet' -…](https://sms4smile.com/quotes/jeremy-allaire/the-big-idea-of-hey-i-can-pay-anyone-anywhere-with-whatever-digital/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [Bitcoin may herald the dawning of a new age in currency. It holds superior traits as a form of 'good money.' As a tangible…](https://sms4smile.com/quotes/jeremy-allaire/bitcoin-may-herald-the-dawning-of-a-new-age-in-currency-it-holds/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [If you look at the trends, China very well could be the driver of the adoption of block chain consumer services.](https://sms4smile.com/quotes/jeremy-allaire/if-you-look-at-the-trends-china-very-well-could-be-the-driver-of-the/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [The focus around Circle China is really cross-border payments. If I'm a parent in China and my son is studying at London Business School,…](https://sms4smile.com/quotes/jeremy-allaire/the-focus-around-circle-china-is-really-cross-border-payments-if-i-m/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [Social messaging has become the defining app of the smartphone era. Social payments has been a natural extension of this phenomenon - it's going…](https://sms4smile.com/quotes/jeremy-allaire/social-messaging-has-become-the-defining-app-of-the-smartphone-era/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [We're barely scratching the surface of how people experience and utilize p2p payments, despite it being a multi-millennium-old behavior.](https://sms4smile.com/quotes/jeremy-allaire/we-re-barely-scratching-the-surface-of-how-people-experience-and/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [The Internet requires evolved forms of governance that we haven't figured out as a planet. I'd love to help make that easier and make…](https://sms4smile.com/quotes/jeremy-allaire/the-internet-requires-evolved-forms-of-governance-that-we-haven-t/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [The blockchain is to money what SMTP is to email. It's an open way to move value around. Every existing player in this space…](https://sms4smile.com/quotes/jeremy-allaire/the-blockchain-is-to-money-what-smtp-is-to-email-it-s-an-open-way-to/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [Pretty uniformly, people want the benefits of bitcoin and the blockchain - near-instant transfers, globally available on any Internet-connected device, highly secure, and nearly-free…](https://sms4smile.com/quotes/jeremy-allaire/pretty-uniformly-people-want-the-benefits-of-bitcoin-and-the/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [We'd love to see a world where Venmo added support on the blockchain, then a Circle customer could pay a Venmo customer using their…](https://sms4smile.com/quotes/jeremy-allaire/we-d-love-to-see-a-world-where-venmo-added-support-on-the-blockchain/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) [Explore all 28 Jeremy Allaire quotes ](https://sms4smile.com/quotes/author/jeremy-allaire/) ## More Bitcoin quotes > [The bitcoin network is not a payments network and it is not a scaling network.](https://sms4smile.com/quotes/sam-bankman-fried/the-bitcoin-network-is-not-a-payments-network-and-it-is-not-a-scaling/) [Sam Bankman-Fried](https://sms4smile.com/quotes/author/sam-bankman-fried/) > [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/) > [In 2008, Bitcoin was mysteriously introduced to the world in an obscure, technical paper written under the pseudonym Satoshi Nakamoto. By late 2013, the…](https://sms4smile.com/quotes/steve-hanke/in-2008-bitcoin-was-mysteriously-introduced-to-the-world-in-an/) [Steve Hanke](https://sms4smile.com/quotes/author/steve-hanke/) > [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/) > [Sir Richard Branson started out as a small business owner and now owns a conglomerate that will give you a ride to the moon.…](https://sms4smile.com/quotes/perianne-boring/sir-richard-branson-started-out-as-a-small-business-owner-and-now/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) > [Exchanging bitcoin on behalf of ransomware victims should not be construed as criminal activity by the exchanger, not as a matter of law nor…](https://sms4smile.com/quotes/perianne-boring/exchanging-bitcoin-on-behalf-of-ransomware-victims-should-not-be/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) > [Until part of your paycheck is regularly paid in Bitcoin, I'm not sure how it would really go mainstream. I can imagine places in…](https://sms4smile.com/quotes/gavin-andresen/until-part-of-your-paycheck-is-regularly-paid-in-bitcoin-i-m-not-sure/) [Gavin Andresen](https://sms4smile.com/quotes/author/gavin-andresen/) > [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.](https://sms4smile.com/quotes/tyler-winklevoss/calling-bitcoin-volatile-it-s-a-non-statement-unregulated-assets-with/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [We see bitcoin as potentially the greatest social network of all.](https://sms4smile.com/quotes/tyler-winklevoss/we-see-bitcoin-as-potentially-the-greatest-social-network-of-all/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [As the platform and protocol become more ingrained in society, get built into products and services, and basically become more of the mesh of…](https://sms4smile.com/quotes/barry-silbert/as-the-platform-and-protocol-become-more-ingrained-in-society-get/) [Barry Silbert](https://sms4smile.com/quotes/author/barry-silbert/) > [Bitcoin is not “unregulated”. It is regulated by algorithm instead of being regulated by government bureaucracies. Un-corrupted.](https://sms4smile.com/quotes/andreas-antonopoulos/bitcoin-is-not-unregulated-it-is-regulated-by-algorithm-instead-of/) [Andreas Antonopoulos](https://sms4smile.com/quotes/author/andreas-antonopoulos/) > [The rudest possible gift is a gift card. It means you think the person is stupid and has no interests. The only good gift…](https://sms4smile.com/quotes/john-waters/the-rudest-possible-gift-is-a-gift-card-it-means-you-think-the-person/) [John Waters](https://sms4smile.com/quotes/author/john-waters/) > [If the U.S. government tries to restrict or clamp down, that just means there will be many more bitcoin businesses in Hong Kong and…](https://sms4smile.com/quotes/roger-ver/if-the-u-s-government-tries-to-restrict-or-clamp-down-that-just-means/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [What bitcoin does better than the current financial system is it's a better stored value globally. There are a lot of countries that really…](https://sms4smile.com/quotes/adam-draper/what-bitcoin-does-better-than-the-current-financial-system-is-it-s-a/) [Adam Draper](https://sms4smile.com/quotes/author/adam-draper/) > [You really want some natural way for people to get Bitcoins, as part of their paycheck or some other activity so they can turn…](https://sms4smile.com/quotes/gavin-andresen/you-really-want-some-natural-way-for-people-to-get-bitcoins-as-part/) [Gavin Andresen](https://sms4smile.com/quotes/author/gavin-andresen/) [Browse all 364 Bitcoin quotes ](https://sms4smile.com/quotes/about/bitcoin/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Bitcoin can be programmed, metered, and exchanged by connected devices, enabling more efficient usage of our planet's resources and services.", "creator": { "@type": "Person", "name": "Jeremy Allaire" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/jeremy-allaire/bitcoin-can-be-programmed-metered-and-exchanged-by-connected-devices/", "about": { "@type": "Thing", "name": "Bitcoin" }, "@id": "https://sms4smile.com/quotes/jeremy-allaire/bitcoin-can-be-programmed-metered-and-exchanged-by-connected-devices/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/111/jeremy-allaire-21684_bitcoin_bitcoin-can-be-programmed-metered-and-ex_2721325.jpg", "contentUrl": "https://sms4smile.com/quotes/i/111/jeremy-allaire-21684_bitcoin_bitcoin-can-be-programmed-metered-and-ex_2721325.jpg", "url": "https://sms4smile.com/quotes/i/111/jeremy-allaire-21684_bitcoin_bitcoin-can-be-programmed-metered-and-ex_2721325.jpg", "width": 1080, "height": 1080, "caption": "“Bitcoin can be programmed, metered, and exchanged by connected devices, enabling more efficient usage of our…” — Jeremy Allaire", "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": "Jeremy Allaire", "item": "https://sms4smile.com/quotes/author/jeremy-allaire/" }, { "@type": "ListItem", "position": 4, "name": "Bitcoin can be programmed, metered, and...", "item": "https://sms4smile.com/quotes/jeremy-allaire/bitcoin-can-be-programmed-metered-and-exchanged-by-connected-devices/" } ], "@id": "https://sms4smile.com/quotes/jeremy-allaire/bitcoin-can-be-programmed-metered-and-exchanged-by-connected-devices/#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 } } ] } ```