--- title: "Meaning & Key Takeaway of: Cryptocurrencies are an emergent property…" description: "\"Cryptocurrencies are an emergent property of the Internet - almost a fifth protocol in the Internet suite. If Satoshi Nakomoto did not exist, it would ..." image: "https://sms4smile.com/quotes/i/e0b/naval-ravikant-11450_currency_cryptocurrencies-are-an-emergent-propert_264986.jpg" --- # Cryptocurrencies are an emergent property of the Internet… ![“Cryptocurrencies are an emergent property of the Internet - almost a fifth protocol in the Internet suite. If Satoshi Nakomoto did not exist, it would still be necessary to invent them.” quote by Naval Ravikant](https://sms4smile.com/quotes/i/e0b/naval-ravikant-11450_currency_cryptocurrencies-are-an-emergent-propert_264986.jpg) [Download](https://sms4smile.com/quotes/i/e0b/naval-ravikant-11450_currency_cryptocurrencies-are-an-emergent-propert_264986.jpg) [Open image](https://sms4smile.com/quotes/i/e0b/naval-ravikant-11450_currency_cryptocurrencies-are-an-emergent-propert_264986.jpg) > “Cryptocurrencies are an emergent property of the Internet - almost a fifth protocol in the Internet suite. If Satoshi Nakomoto did not exist, it would still be necessary to invent them.” [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Cryptocurrencies will arise from the Internet’s architecture even without a single creator. **In simple terms:** Digital money is inevitable. Key Takeaway Recognize the tech’s natural evolution. Themes technology economics decentralization Mood optimistic analytical Type observational predictive When to use this quote - Investing - policy making - software development - financial planning Key Concepts Network effects protocol layers emergent properties Questions to Reflect On - Will you support open protocols? - How does decentralization affect power structures? A Different Perspective If regulatory pressure stifles innovation, adoption may stall. ★ ★ ★ ★ ★ No ratings yet [Currency](https://sms4smile.com/quotes/about/currency/) [Internet](https://sms4smile.com/quotes/about/internet/) [Property](https://sms4smile.com/quotes/about/property/) ## Related quotes > [Safety is an emergent property of systems, not a component property.](https://sms4smile.com/quotes/nancy-leveson/safety-is-an-emergent-property-of-systems-not-a-component-property/) [Nancy Leveson](https://sms4smile.com/quotes/author/nancy-leveson/) > [ “Emergent properties can seem magical because they do not seem to arise from the component parts of a structure. \[...\] Thought \[...\] seems to… ](https://sms4smile.com/quotes/steven-j-dick/emergent-properties-can-seem-magical-because-they-do-not-seem-to/) [Steven J. 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These things cannot be bought — they must be earned.”](https://sms4smile.com/quotes/naval-ravikant/a-fit-body-a-calm-mind-a-house-full-of-love-these-things-cannot-be/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [“Competing without software is like competing without electricity.”](https://sms4smile.com/quotes/naval-ravikant/competing-without-software-is-like-competing-without-electricity/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [Nation states that are used to imposing capital controls will face a quandary: ban cryptocurrencies and live in the technology dustbin; enable them, and…](https://sms4smile.com/quotes/naval-ravikant/nation-states-that-are-used-to-imposing-capital-controls-will-face-a/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [Our model is very, very different to LinkedIn. We only deal with very small companies. We don't have any support for recruiters. 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They have a commodity…](https://sms4smile.com/quotes/naval-ravikant/if-you-go-to-a-venture-firm-what-you-re-doing-is-you-re-buying-money/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [Startups often want to control the timing of their financing announcement and prefer not to reveal amounts raised for competitive reasons. If more of…](https://sms4smile.com/quotes/naval-ravikant/startups-often-want-to-control-the-timing-of-their-financing/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [We are seeing a lot of cases where the startups are writing the term sheet, dictating the terms, selling common stock instead of preferred…](https://sms4smile.com/quotes/naval-ravikant/we-are-seeing-a-lot-of-cases-where-the-startups-are-writing-the-term/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [Take a very small amount of money, your throwaway money, treat it as if it's already gone, you've mentally set it on fire, and…](https://sms4smile.com/quotes/naval-ravikant/take-a-very-small-amount-of-money-your-throwaway-money-treat-it-as-if/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) [Explore all 60 Naval Ravikant quotes ](https://sms4smile.com/quotes/author/naval-ravikant/) ## More Currency quotes > [A man walks down the street. 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