The Internet is programmable information. The blockchain is programmable scarcity.
- Balaji Srinivasan
Blockchain, Information, Scarcity
Bitcoin is a way to have programmable scarcity. The blockchain is the data structure that records the transfer of scarce objects.
- Balaji Srinivasan
Blockchain, Data, Transfer, Scarcity
Machine translation of signs, text, and speech brings down language barriers and facilitates ever more cross-cultural meetings of like minds.
- Balaji Srinivasan
Language, More, Like, Translation
There are downsides to implicitly trusting banks, as the 2008 financial crisis showed.
- Balaji Srinivasan
Crisis, Financial Crisis, Implicitly
Don't do a startup unless you're ideologically driven to make it succeed beyond the economic motivation.
- Balaji Srinivasan
Motivation, Succeed, Unless, Startup
Mobile technology makes us ever more mobile, increasingly permitting not just easier movement around a home base but permanent international relocation.
- Balaji Srinivasan
More, Mobile, Increasingly, Base
I'm interested in businesses that take digital bits and turn them into interfaces for physical atoms. I'm also interested in drones, Bitcoin, and 3D printing.
- Balaji Srinivasan
Digital, Drones, Bits, Printing
I learned that despite having years and years of experience in math and computer science and so on, I didn't really know how to code until I formed a company.
- Balaji Srinivasan
Years And Years, Having, Formed
Anything scarce will ultimately be tokenized because the benefits of digitization and increased liquidity are so great.
- Balaji Srinivasan
Will, Benefits, Increased, Scarce
Virtually every major technology has an initial spike of interest, then a dip, and then a long-term rise to success. The dot-com bubble is the canonical example, but there are many more.
- Balaji Srinivasan
More, Virtually, Initial, Dot-Com
Every time you load a webpage is a HTTP request. That's a lot of HTTP requests. If you are earning bitcoin on every HTTP request, that could be a lot of earned bitcoins.
- Balaji Srinivasan
Request, Could, Requests, Bitcoin
We think of bitcoin as mobile. It's not one company; it's broad.
- Balaji Srinivasan
Think, Mobile, Broad, Bitcoin
Many great founders have one or more big failures on their track record. What makes them great is that they eventually succeed despite that.
- Balaji Srinivasan
Big, More, Failures, Track Record
Our nation of immigrants is, tautologically, a nation of emigrants.
- Balaji Srinivasan
Nation, Our, Immigrants
The future of technology is not really location-based apps; it is about making location completely unimportant.
- Balaji Srinivasan
Future, Making, About, Apps
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