American - Businessman | -
The Internet is programmable information. The blockchain is programmable scarcity.
Balaji Srinivasan
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The future of technology is not really location-based apps; it is about making location completely unimportant.
FutureTechnologyLocationMaking
Bitcoin is a way to have programmable scarcity. The blockchain is the data structure that records the transfer of scarce objects.
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Conceptually, we believe that embedded mining will ultimately establish bitcoin as a fundamental system resource on par with CPU, bandwidth, hard drive space, and RAM.
SpaceDriveBelieveWillHardRam
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.
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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.
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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.
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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.
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Tokenization applies to scarce assets. Today, the most appropriate thing to tokenize is something that's purely digital. Bitcoin and ethereum are the canonical.
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By, say, 2025-2030, I expect that there will be multiple jurisdictions that allow the tokenization of virtually any scarce resource, all the way down to personal tokens.
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Anything scarce will ultimately be tokenized because the benefits of digitization and increased liquidity are so great.
GreatWillAnythingBecauseBenefits
There's a tiny number of Bitcoin wizards and an enormous number of smart developers that have no onramp to Bitcoin. We need to make that onramp easier.
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