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The future of technology is not really location-based apps; it is about making location completely unimportant.
Balaji Srinivasan -
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
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Mobile technology makes us ever more mobile, increasingly permitting not just easier movement around a home base but permanent international relocation.
Balaji Srinivasan -
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 -
Anything scarce will ultimately be tokenized because the benefits of digitization and increased liquidity are so great.
Balaji Srinivasan -
The Internet is programmable information. The blockchain is programmable scarcity.
Balaji Srinivasan -
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 -
Don't do a startup unless you're ideologically driven to make it succeed beyond the economic motivation.
Balaji Srinivasan
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Machine translation of signs, text, and speech brings down language barriers and facilitates ever more cross-cultural meetings of like minds.
Balaji Srinivasan -
Bitcoin is a way to have programmable scarcity. The blockchain is the data structure that records the transfer of scarce objects.
Balaji Srinivasan -
Our nation of immigrants is, tautologically, a nation of emigrants.
Balaji Srinivasan -
We think of bitcoin as mobile. It's not one company; it's broad.
Balaji Srinivasan -
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 -
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
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We need to build opt-in society, outside the U.S., run by technology.
Balaji Srinivasan -
There are downsides to implicitly trusting banks, as the 2008 financial crisis showed.
Balaji Srinivasan -
If you deal with information, you need the Internet. If you deal with money, you need to deal with blockchains.
Balaji Srinivasan