Best quotes by Fred Ehrsam on Will
Checkout quotes by Fred Ehrsam on Will
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‟ Everything will be tokenized and connected by a blockchain one day.
- Fred Ehrsam
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‟ Ethereum will be a first-class citizen on Coinbase.
- Fred Ehrsam
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‟ Blockchains are digital organisms. As organisms evolve through changes in their DNA, blockchain protocols evolve through changes in their code. And like biological organisms, the most adaptive blockchains will be the ones that survive and thrive.
- Fred Ehrsam
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‟ Public crowdfunding still suffers from a tragedy of the commons problem. Everyone will want the benefit of the crowdfunded efforts but is incentivized to sit on the sidelines and hope others chip in.
- Fred Ehrsam
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‟ I'd guess blockchains will be the full-blown backbone of virtual worlds - the system for currency, assets, identity, even governance - before doing the same in the 'real world.' Which is where I think we will end up in the real world eventually; it's just a matter of which goes first and how long until it's the case for both.
- Fred Ehrsam
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‟ I think the whole narrative of blockchain without bitcoin will amount to very little.
- 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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‟ 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