Cryptocurrencies are an emergent property of the Internet – almost a fifth protocol in the Internet suite. If Satoshi Nakomoto did not exist, it would still be necessary to invent them. Naval Ravikant Read Quote
Within my social circle, there is a large group of people who will take bitcoin as legal tender; like, you can go to them and settle debts in Bitcoin, and they will happily take it. Naval Ravikant Read Quote
Having a million-dollar net worth doesn’t make you a genius, and having less than a million-dollar net worth doesn’t make you a fool. Naval Ravikant Read Quote
Think of Bitcoin as a bank account in the cloud, and it’s completely decentralized: not the Swiss government, not the American government. It’s all the participants in the network enforcing. Naval Ravikant Read Quote
We can code wills, escrows, trusts, notaries, revokable charge backs, proof of contracts, intellectual property enforcement. What Wall Street does can be done in code by Bitcoin. Naval Ravikant Read Quote
Cryptocurrency currencies take the concept of money, and they take it native into computers, where everything is settled with computers and doesn’t require external institutions or trusted third parties to validate things. Naval Ravikant Read Quote
