“Yet the meritocratic myth is still vivid, and belief in it is strong, making it much more effective in preserving power in the hands of few without triggering indignation or revolt.”
“Bitcoin is so volatile that it’s actually moving more than the volatility of the Volatility Index itself.”
“I would go to these highly technical meetups, take notes, and do extensive research afterwards. I didn’t understand 90 percent of what people were saying, but I wanted to grasp complex topics like “elliptic-curve cryptography” nevertheless.”
“I suspect it could take much longer to implement than the most ardent enthusiasts will insist, and the real opportunity is in doing something practical that either helps existing financial professionals to be more productive, or somehow automates back-office activities and budgets.”
“I haven’t seen any proven, slam-dunk use cases yet. If you start to see a few of those, then the space obviously gains in merit.”
“The way that artists give value to photographs is by creating scarcity, or by limiting the number of prints they create. It’s really no different than the government printing money and limiting supply.”
“I kept asking myself, ‘Why can’t people generate wealth for these important acts of service that they provide to each other?’ This question was at the heart of my journey into crypto and blockchain.”
“What I see here is not just tech but a convergence of tech and data with society, law, regulation, money, financial services, and other fields in the humanities.”
