When the Internet first launched, you had all these newspapers saying that the Internet was only used by bad people, to do bad things and what was the point of it. But the Internet changed everything, just like Bitcoin will.
The blockchain is going to change everything more than the Internet has.
Blockchain Capital was the first dedicated venture fund to invest in crypto and blockchain.
I call the blockchain 'the Internet of value' and 'the Internet of trust.' Because everything becomes trustless. It's a big distributed ledger. Think of it like an Excel file that's being maintained and updated and managed by millions of computers around the world.
Has the Internet changed our lives? Have mobile phones changed our lives? The blockchain is something that is that transformative.
As a gamer I know that my least favorite ad types are offer walls.
Every smart person that I admire in the world, and those I semi-fear, is focused on this concept of crypto for a reason. They understand that this is the driving force of the fourth industrial revolution: steam engine, electricity, then the microchip - blockchain and crypto is the fourth.
Being able to borrow against one's crypto assets gives one options, when wanting to purchase a property, and aligns with my philosophy that real estate and tokenization will be a quadrillion dollar market.
The earliest adopters at scale of crypto were gamers.
I've been an entrepreneur and venture capitalist in the cryptocurrency industry for a long time, working with numerous projects.
A billionaire is someone who can positively impact a billion lives.
When you have to start over from scratch, you can do it very differently than if you have this big thing that's kinda been building on top of itself for ages and ages.
I am really surprised bitcoin isn't more popular in India, given the strong gold culture here. I call it Gold 2.0. It has all the attributes other than the fact that it isn't tangible, and tangibility is less important in the digital age.
It is possible that Bitcoin will fork at some point. The question is whether or not it'll be a contentious fork. This process is a good thing in the long term, though potentially disruptive in the short term.
I believe everyone is capable of just about anything if you commit yourself to it.
Security tokens are going to give birth to a quadrillion dollar market. This is because we will see the tokenization of the world's fiat money, debt market, real estate, equities, and art.
What happened at Mt. Gox is not an isolated incident. This is a plague that continues to play like a bad broken record. As long as this continues to happen, how are we ever going to instill confidence in this industry? How are we better than the old financial system?
The only way to fix Puerto Rico is with brain game, to bring the intellectual and human capital there - in a way that it's done with the right intention.
AngelList Syndicates are perfectly aligned with Bitcoin's ideology. They democratize the system so everyone has access to high value dealflow; it's the power of the people.
Steve Bannon was my right-hand man for, like, seven years. He's a hammer. And when you're a hammer, everything looks like a nail. He's very sure and very smart. Very driven, very patriotic. He's not most of the things that people say.
