15 Quotes by Andreas M. Antonopoulos

Bitcoin creates digital assets that have intrinsic value and can be stolen and diverted to new owners instantly and irrevocably. This creates a massive incentive for hackers.

When you’re thinking about a killer app, it’s not simply the set of applications that might be implemented. It’s also about what can be implemented with what you have today. What requires the least infrastructure investment? What requires the least density of users and yet provides a viable solution to a real problem?

Bitcoin experts argue that deflation is not bad per se. Rather, deflation is associated with a collapse in demand because that is the only example of deflation we have to study.

Do not underestimate this. Do not listen to the people who tell you that bitcoin is just for pornographers, terrorists, drug dealers, and gamblers. Remember that they said the exact same thing about the internet. But when 2 or 3 million people got online, we found out that they are not interested in those things – they are interested in sharing cat videos, and now we have an internet of a billion cat videos.

Fake news” has happened because the basis for producing truth has been removed from the very institutions whose job it was to produce truth.

As the adage of the entire internet once went, “I just replaced your entire industry with 100 lines of Python code,” that’s exactly what we’re doing with bitcoin.