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" Virtually every major technology has an initial spike of interest, then a dip, and then a long-term rise to success. The dot-com bubble is the canonical example, but there are many more. "

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" By, say, 2025-2030, I expect that there will be multiple jurisdictions that allow the tokenization of virtually any scarce resource, all the way down to personal tokens. "

Balaji Srinivasan

Down

Will

Way

" I'm interested in businesses that take digital bits and turn them into interfaces for physical atoms. I'm also interested in drones, Bitcoin, and 3D printing. "

" 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. "

" The future of technology is not really location-based apps; it is about making location completely unimportant. "

" The Internet is programmable information. The blockchain is programmable scarcity. "

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

" Many great founders have one or more big failures on their track record. What makes them great is that they eventually succeed despite that. "

" If you deal with information, you need the Internet. If you deal with money, you need to deal with blockchains. "

" I think tokenization eventually means everyone becomes an investor once all the regulatory issues are worked out - from your computer itself to a kid in India messing around with $10. "

" There are downsides to implicitly trusting banks, as the 2008 financial crisis showed. "

" Our nation of immigrants is, tautologically, a nation of emigrants. "

" We believe the most significant long-term application of bitcoin may be reducing the upfront cost of internet-connected devices to make them more accessible for the developing world. "

" Bitcoin is a way to have programmable scarcity. The blockchain is the data structure that records the transfer of scarce objects. "

" Machine translation of signs, text, and speech brings down language barriers and facilitates ever more cross-cultural meetings of like minds. "

" We think of bitcoin as mobile. It's not one company; it's broad. "

" We need to build opt-in society, outside the U.S., run by technology. "

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

" Mobile technology makes us ever more mobile, increasingly permitting not just easier movement around a home base but permanent international relocation. "

Balaji Srinivasan

Technology

Home

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

" There's a tiny number of Bitcoin wizards and an enormous number of smart developers that have no onramp to Bitcoin. We need to make that onramp easier. "

" 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. "

" 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. "

" 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