Naval Ravikant Quotes Quotes

A block chain is a series of blocks. Each block is a series of computations done by computers all over the world using serious cryptography in a way that's very hard to undo.
All of the marketplaces like Prosper, LendingClub, etc., as they get larger, they flip from being retail capital to institutional capital.
Any competent programmer has an API to cash, payments, escrow, wills, notaries, lotteries, dividends, micropayments, subscriptions, crowdfunding, and more.
At the end of the day, what makes Silicon Valley work is technology and the outcome of making money. Those two things have to be healthy. It has to matter a lot more than who is the celebrity and who is famous and who goes to the best parties.
Be present. Be meditative. Form real friendships. Stay away from business networking events or friendships where there is always an underlying business angle.
China may censor YouTube. China may censor Twitter. They won't be able to censor Bitcoin. There's no central authority. There's no one you can go to and say, 'We're going to turn Bitcoin off.'
Cryptocurrencies are an emergent property of the Internet - almost a fifth protocol in the Internet suite. If Satoshi Nakomoto did not exist, it would still be necessary to invent them.
Cryptocurrencies like Bitcoin are already trustless - any machine can accept it from any other, securely. They are (nearly) free. They are global - no central bank required, and any machine can speak the language.
Cryptocurrencies will create a fifth protocol layer powering the next generation of the Internet.
Cryptocurrency currencies take the concept of money, and they take it native into computers, where everything is settled with computers and doesn't require external institutions or trusted third parties to validate things.
Entrepreneurship is really hard and painful - I'm not sure I'd recommend it for anyone who can't handle the extreme stress.
Figure out what you're good at and start helping other people with it; give it away. Pay it forward. Karma sort of works because people are very consistent. On a long enough timescale, you will attract what you project.
For us, just serving the market in the US and the UK, we can barely make the math work on an interesting business. My sense is that our clones and copycats are very manual. If they make it work, then congratulations to them!
Getting in the middle of financial transactions is a regulatory minefield.
Having a million-dollar net worth doesn't make you a genius, and having less than a million-dollar net worth doesn't make you a fool.
Humans don't 'need' math-based cryptocurrencies when dealing with other humans. We walk slowly, talk slowly, and buy big things. Credit cards, cash, wires, checks - the world seems fine.
I don't like having managers.
I don't think I'm any smarter than any of my developers.
I think almost everything about humans and human civilization is explained better by evolution than anything else.
I think it just helps to be very aware that fundamentally, there are no adults. Everyone is making it up as they go along. You have to find your own path, picking, choosing, taking and discarding as you see fit.
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