Cryptocurrencies will create a fifth protocol layer powering the next generation of the Internet. Naval Ravikant Read Quote
The best founders are extremely thoughtful and have an eye for quality. I don’t know if there’s any generic advice here that would be helpful. Startup knowledge is a moving target. Naval Ravikant Read Quote
Rules that may be easy for Wall Street are a death sentence for startups. They are easy to break accidentally and the penalty for noncompliance is severe. Naval Ravikant Read Quote
People think about Bitcoin incorrectly. They think about it as currency or about gold or hoarding, speculation, about how much money do you make. When really, what it is is an API for programmable cash transactions. Naval Ravikant Read Quote
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 Read Quote
I think of Twitter as the place where I go to have a great conversation when I can’t have one locally, which seems to be all the time, and the more time that I spend on Twitter, the more I sort of curate this incredible group of very intelligent people that I just get to know purely through the quality of their thoughts. Naval Ravikant Read Quote
Cryptocurrencies like Bitcoin are already trustless – any machine can accept it from any other, securely. They are (nearly) free. They are global – no central bank required, and any machine can speak the language. Naval Ravikant Read Quote
In an ideal world, you raise a lot of money and then there is a downturn, before you start investing so you get better deals. But it doesn’t always happen that way. Naval Ravikant Read Quote
Entrepreneurship is really hard and painful – I’m not sure I’d recommend it for anyone who can’t handle the extreme stress. Naval Ravikant Read Quote
