--- title: "Meaning & Key Takeaway of: I think long-term, Bitcoin is a currency…" description: "\"I think long-term, Bitcoin is a currency of the Internet. So, even if humans don't use it, routers will use it. Web browsers will use it. Web servers w..." image: "https://sms4smile.com/quotes/i/dfc/naval-ravikant-11450_bitcoin_i-think-long-term-bitcoin-is-a-currency_2665411.jpg" --- # I think long-term, Bitcoin is a currency of the Internet… ![“I think long-term, Bitcoin is a currency of the Internet. So, even if humans don't use it, routers will use it. Web browsers will use it. Web servers will use it.” quote by Naval Ravikant](https://sms4smile.com/quotes/i/dfc/naval-ravikant-11450_bitcoin_i-think-long-term-bitcoin-is-a-currency_2665411.jpg) [Download](https://sms4smile.com/quotes/i/dfc/naval-ravikant-11450_bitcoin_i-think-long-term-bitcoin-is-a-currency_2665411.jpg) [Open image](https://sms4smile.com/quotes/i/dfc/naval-ravikant-11450_bitcoin_i-think-long-term-bitcoin-is-a-currency_2665411.jpg) > “I think long-term, Bitcoin is a currency of the Internet. So, even if humans don't use it, routers will use it. Web browsers will use it. Web servers will use it.” [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. Bitcoin’s technical utility may outlast human adoption, becoming infrastructure for machines. **In simple terms:** Bitcoin could power machines. Key Takeaway Plan for future tech trends. Themes technology finance future thinking Mood optimistic speculative Type analytical visionary When to use this quote - IoT devices - web services - financial planning - investment strategy Key Concepts decentralization network effects Questions to Reflect On - Will machines truly need money? - How will regulation shape this future? A Different Perspective Adoption may be limited by regulation or energy concerns. ★ ★ ★ ★ ★ No ratings yet [Bitcoin](https://sms4smile.com/quotes/about/bitcoin/) [Currency](https://sms4smile.com/quotes/about/currency/) [Internet](https://sms4smile.com/quotes/about/internet/) [Web](https://sms4smile.com/quotes/about/web/) ## Related quotes > [Bitcoin is not currency; it's the internet of money!](https://sms4smile.com/quotes/andreas-antonopoulos/bitcoin-is-not-currency-it-s-the-internet-of-money/) [Andreas Antonopoulos](https://sms4smile.com/quotes/author/andreas-antonopoulos/) > [You just can't bifurcate bitcoin currency from the technology. Bitcoin will always need a monetary base.](https://sms4smile.com/quotes/barry-silbert/you-just-can-t-bifurcate-bitcoin-currency-from-the-technology-bitcoin/) [Barry Silbert](https://sms4smile.com/quotes/author/barry-silbert/) > [Bitcoin is not a currency for a government; it is a global currency for the people.](https://sms4smile.com/quotes/wences-casares/bitcoin-is-not-a-currency-for-a-government-it-is-a-global-currency/) Wences Casares > [This Bitcoin currency is a voluntary decentralized currency, anonymous. It can't be shut down by anyone; there are no central servers.](https://sms4smile.com/quotes/jeff-berwick/this-bitcoin-currency-is-a-voluntary-decentralized-currency-anonymous/) [Jeff Berwick](https://sms4smile.com/quotes/author/jeff-berwick/) > [It's completely reasonable, even if some Bitcoin currency purists wouldn't like it, to have credit and debit card payments denominated in Bitcoin rather than…](https://sms4smile.com/quotes/nick-szabo/it-s-completely-reasonable-even-if-some-bitcoin-currency-purists/) [Nick Szabo](https://sms4smile.com/quotes/author/nick-szabo/) > [Well, bitcoin is a currency. Bitcoin has no underlying rate of return. You know, bonds have an interest coupon. Stocks have earnings and dividends.…](https://sms4smile.com/quotes/john-c-bogle/well-bitcoin-is-a-currency-bitcoin-has-no-underlying-rate-of-return/) [John C. Bogle](https://sms4smile.com/quotes/author/john-c-bogle/) > [Bitcoin is a currency, bitcoin is a network, bitcoin is a technology and you can't separate these things. A consensus network that bases its…](https://sms4smile.com/quotes/andreas-antonopoulos/bitcoin-is-a-currency-bitcoin-is-a-network-bitcoin-is-a-technology/) [Andreas Antonopoulos](https://sms4smile.com/quotes/author/andreas-antonopoulos/) > [Bitcoin is valuable as a currency because of the economic efficiencies the bitcoin network is already creating as transactions flow over it. As with…](https://sms4smile.com/quotes/fred-ehrsam/bitcoin-is-valuable-as-a-currency-because-of-the-economic/) [Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/) > [“Information is the currency of the Internet.”](https://sms4smile.com/quotes/anonymous/information-is-the-currency-of-the-internet/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [It's clear to me now that Ethereum is the new currency of the Internet. It's way ahead of where Paypal was in its day,…](https://sms4smile.com/quotes/gil-penchina/it-s-clear-to-me-now-that-ethereum-is-the-new-currency-of-the/) [Gil Penchina](https://sms4smile.com/quotes/author/gil-penchina/) > [“Information is the currency of the Internet. As a medium, the Internet is brilliantly efficient at shifting information from the hands of those who…](https://sms4smile.com/quotes/steven-d-levitt/information-is-the-currency-of-the-internet-as-a-medium-the-internet/) [Steven D. Levitt](https://sms4smile.com/quotes/author/steven-d-levitt/) > [People think about Bitcoin incorrectly. They think about it as currency or about gold or hoarding, speculation, about how much money do you make.…](https://sms4smile.com/quotes/naval-ravikant/people-think-about-bitcoin-incorrectly-they-think-about-it-as/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [If you're investing in a company in the Bitcoin economy, you have to compare the valuation of the company to the valuation of the…](https://sms4smile.com/quotes/naval-ravikant/if-you-re-investing-in-a-company-in-the-bitcoin-economy-you-have-to/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [It's probably easier and cheaper to counterfeit hundred-dollar bills than it is to counterfeit Bitcoin.](https://sms4smile.com/quotes/naval-ravikant/it-s-probably-easier-and-cheaper-to-counterfeit-hundred-dollar-bills/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [China may censor YouTube. China may censor Twitter. They won't be able to censor Bitcoin. There's no central authority. There's no one you can…](https://sms4smile.com/quotes/naval-ravikant/china-may-censor-youtube-china-may-censor-twitter-they-won-t-be-able/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) ## More by Naval Ravikant > [Entrepreneurship is really hard and painful - I'm not sure I'd recommend it for anyone who can't handle the extreme stress.](https://sms4smile.com/quotes/naval-ravikant/entrepreneurship-is-really-hard-and-painful-i-m-not-sure-i-d/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [“A fit body, a calm mind, a house full of love. 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/) > [Cryptocurrencies are an emergent property of the Internet - almost a fifth protocol in the Internet suite. If Satoshi Nakomoto did not exist, it…](https://sms4smile.com/quotes/naval-ravikant/cryptocurrencies-are-an-emergent-property-of-the-internet-almost-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. In fact,…](https://sms4smile.com/quotes/naval-ravikant/our-model-is-very-very-different-to-linkedin-we-only-deal-with-very/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [I don't like having managers.](https://sms4smile.com/quotes/naval-ravikant/i-don-t-like-having-managers/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [I think almost everything about humans and human civilization is explained better by evolution than anything else.](https://sms4smile.com/quotes/naval-ravikant/i-think-almost-everything-about-humans-and-human-civilization-is/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [One philosophy I have at AngelList is I would rather have someone working on the wrong thing and do it their way and be…](https://sms4smile.com/quotes/naval-ravikant/one-philosophy-i-have-at-angellist-is-i-would-rather-have-someone/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [“I don't actually read a lot of books. I pick up a lot of books and only get through a few, which form the…](https://sms4smile.com/quotes/naval-ravikant/i-don-t-actually-read-a-lot-of-books-i-pick-up-a-lot-of-books-and/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [Getting in the middle of financial transactions is a regulatory minefield.](https://sms4smile.com/quotes/naval-ravikant/getting-in-the-middle-of-financial-transactions-is-a-regulatory/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [In an ideal world, you raise a lot of money and then there is a downturn, before you start investing so you get better…](https://sms4smile.com/quotes/naval-ravikant/in-an-ideal-world-you-raise-a-lot-of-money-and-then-there-is-a/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [If you go to a venture firm, what you're doing is you're buying money from them in exchange for equity. 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/) [Explore all 60 Naval Ravikant quotes ](https://sms4smile.com/quotes/author/naval-ravikant/) ## 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": "I think long-term, Bitcoin is a currency of the Internet. So, even if humans don't use it, routers will use it. Web browsers will use it. 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