15 quotes about the potential of blockchain and cryptocurrency
In my weekly 3-2-1 roundup series, I highlight inspiring quotes about the potential of blockchain and crypto to change the world for the better. While these quotes barely scratch the surface of the potential of this technology, I still find inspiration in them, and often go back to re-read them.
So, I decided to compile 15 of my favourite quotes about the potential of blockchain and crypto:
1. “If crypto succeeds, it's not because it empowers better people. It's because it empowers better institutions."
Vitalik Buterin, Founder, Ethereum
2. “Three eras of currencies: commodity based, government based, and math based.”
Chris Dixon, Co-Founder of Hunch and Site Advisor
3. “The blockchain does one thing: It replaces third-party trust with mathematical proof that something happened.”
Adam Draper, Founder, Boost VC
4. “When decentralized blockchain protocols start displacing the centralized web services that dominate the current Internet, we'll start to see real internet-based sovereignty. The future Internet will be decentralized.”
Olaf Carlson-Wee, CEO, Polychain Capital
5. “We have elected to put our money and faith in a mathematical framework that is free of politics and human error.”
Tyler Winklevoss, Founder, Gemini Cryptocurrency Exchange
6. “The blockchain symbolizes a shift in power from the centers to the edges of the networks.”
William Mougayar, Chair, Kin Foundation
7. “We believe that the next wave of computing innovation will be driven by crypto. We are radically optimistic about crypto’s potential to restore trust and enable new kinds of governance where communities collectively make important decisions about how networks evolve, what behaviors are permitted, and how economic benefits are distributed.”
Chris Dixon, Katie Haun, Ali Yahya, Partners, a16z
8. “Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly.”
New to crypto? Well, you’ve probably heard the phrase “not your keys, not your coins”. By choosing a hard wallet like the Nano S Plus to store your crypto, you can rest assured that the keys, and the crypto, are truly yours!
Get your Ledger Nano S Plus now by clicking HERE or on the image below!
9. “Anything that can conceive of as a supply chain, blockchain can vastly improve its efficiency- it doesn’t matter if its people, numbers, data, money.”
10. “You’re going to start seeing open-source, self-executing contracts gradually improve over time. What the Internet did to publishing, blockchain will do to about 160 different industries. It’s crazy.”
Patrick M. Byrne, CEO of Overstock.com
11. “Beyond cryptocurrency contributions, what if blockchain technology could be used to make supply chains more efficient, transactions more transparent, and end world poverty through decentralized universal basic income as a form of unconditional cash vouchers? That would be a dream worth holding onto. Since our founding more than 100 years ago, Save the Children has reached more than 1 billion children. Perhaps the next Bitcoin billionaire can help us reach the next billion children.”
Ettore Rosetti, Senior Advisor, Save the Children
12. “The negative environmental impact of cryptocurrencies such as Bitcoin has been widely covered in the press in recent weeks and months, and their volatility has also been flagged as a cause for concern. Nevertheless, the UN believes that blockchain, the technology lying behind these online currencies, could be of great benefit to those fighting the climate crisis, and help bring about a more sustainable global economy.”
United Nations Statement on Blockchain and Climate Change
13. “Blockchain technology isn't just a more efficient way to settle securities. It will fundamentally change market structures, and maybe even the architecture of the Internet itself.”
Abigail Johnson, CEO, Fidelity Investments
14. “Blockchain technology has such a wide range of transformational use cases, from recreating the plumbing of Wall Street to creating financial sovereignty in the farthest regions of the world.”
Perianne Boring, Founder & President, Chamber of Digital Commerce
15. “Bitcoin gives us, for the first time, a way for one Internet user to transfer a unique piece of digital property to another Internet user, such that the transfer is guaranteed to be safe and secure, everyone knows that the transfer has taken place, and nobody can challenge the legitimacy of the transfer. The consequences of this breakthrough are hard to overstate.”
Like what you’re reading? Consider contributing to Crypto Altruism so we can continue putting out great content that shines a light on the good being done in the crypto and blockchain community.
Please note: we make use of affiliate marketing to provide readers with referrals to high quality and relevant products and services.
