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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. "

Balaji Srinivasan

Space

Drive

Will

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Balaji Srinivasan

Technology

Home

" Tokenization applies to scarce assets. Today, the most appropriate thing to tokenize is something that's purely digital. Bitcoin and ethereum are the canonical. "

" Don't do a startup unless you're ideologically driven to make it succeed beyond the economic motivation. "

" 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. "

" Isn't the purpose of bitcoin mining simply to get rich - or not, as the case may be? Well, at 21, we are less concerned with bitcoin as a financial instrument and more interested in bitcoin as a protocol - and particularly in the industrial uses of bitcoin enabled by embedded mining. "

Balaji Srinivasan

Financial

Well

" I learned that despite having years and years of experience in math and computer science and so on, I didn't really know how to code until I formed a company. "

" It used to be that you had to come to Silicon Valley, walk up Sand Hill Road, network with individuals. That's now being completely changed and turned on its head by the whole ICO thing. "

" Anything scarce will ultimately be tokenized because the benefits of digitization and increased liquidity are so great. "