Best quotes by Fred Ehrsam on Internet
Checkout quotes by Fred Ehrsam on Internet
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‟ At the end of the day, what's going to make bitcoin successful is more people making more interesting things, just like the beginning of the Internet.
- Fred Ehrsam
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‟ The Internet had a core innovation that made it valuable: The ability to disseminate data over a distributed network in a way that was significantly cheaper than the prior methods.
- Fred Ehrsam
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‟ Just as the Internet brought the cost of disseminating information down by an order of magnitude, bitcoin brings the cost of transferring ownership down by an order of magnitude.
- Fred Ehrsam
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‟ Bitcoin is valuable as a currency because of the economic efficiencies the bitcoin network is already creating as transactions flow over it. As with the Internet, more applications will flourish which will make the bitcoin network, and thus bitcoin as a currency, valuable.
- Fred Ehrsam
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‟ The Internet will continue to be valuable so long as it is the most efficient mechanism for transferring data. Bitcoin's value is the same: It will remain as long as it is the most efficient mechanism for transferring ownership.
- Fred Ehrsam
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‟ As with early internet startups, some token models don't make sense. For every 1 huge hit, there will be 3 minor successes and 100 failures, so we shouldn't be surprised when some fail.
- Fred Ehrsam