Fred Ehrsam Quotes

AIs are only as good as the data they are trained on.
AIs are only as good as the data they are trained on. And while many of the tech giants working on AI, like Google and Facebook, have open-sourced some of their algorithms, they hold back most of their data.
AIs trained on open data are more likely to be neutral and trustworthy instead of biased by the interests of the corporation who created and trained them.
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.
At GDAX, we want to see new protocols and their tokens flourish.
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.
Bitcoin has a core technological innovation: The ability to publicly verify ownership, instantly transfer that ownership, and do so without the need for a trusted third party.
Bitcoin is inherently international, and one of its great promises is it enables cross-border payments in a more efficient way.
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.
Bitcoin's value is the same: It will remain as long as it is the most efficient mechanism for transferring ownership.
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.
Developer mindshare is the most important thing to have in digital currency.
Ethereum has taken what was a four-function calculator of a programming language in Bitcoin and turned it into a full-fledged computer.
Ethereum may make monetary policy decisions like, 'Let's do 1% inflation to support the ongoing development of the Ethereum protocol.' A token built on Ethereum might want to do the same.
Ethereum will be a first-class citizen on Coinbase.
Everything will be tokenized and connected by a blockchain one day.
For the foreseeable future, I'm all about building blockchain-based decentralized services.
Forks often arise from differences of opinion in the direction of a project. And tokens are increasingly a mechanism for voting on changes to their protocols. Since the point of a fork is to try a new path, the new fork may not want to port all of the prior holders opposed to trying the new path the fork was created to take.
I think it's fundamentally a good sign that more and more professional traders and market makers are providing liquidity to the whole ecosystem. It allows people to move much larger quantities of digital currency more quickly than they would if that were not the case.
I think the whole narrative of blockchain without bitcoin will amount to very little.
123next›last»
Total Records : 52

Related Books

Author Profile

Votes :
Rating :
AuthorName
Fred Ehrsam
Profession
Businessman
View Profile

Share to your friends..

Related Author

A. James Clark Aaron Levie Aaron Patzer Aaron Swartz Adam Braun Adam D'Angelo Adam Dell Adam Draper Adam Kluger Adam Neumann Adam Ostrow Adam Sadowsky Adeo Ressi Al Davis Alan C. Greenberg Alan Casden Alan Cohen Alan Cooper Alan Gerry Alan Lakein
view more

Popular Topics

Attitude Death Inspirational Life Love Motivational Nature Positive