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20 quotes on Crypto, Web 3, NFTs, and decentralization from Tim Ferriss, Naval Ravikant, and Chris Dixon.
(For those who want a crash course in where the future is heading):
(For those who want a crash course in where the future is heading):
"I think of an NFT as - it's as general a concept as the webpage.
When it first comes out, people are like, "Oh it's a website" and they try to map it to the offline world.
But it's a core new concept, the idea of owning something on the internet." - @cdixon
When it first comes out, people are like, "Oh it's a website" and they try to map it to the offline world.
But it's a core new concept, the idea of owning something on the internet." - @cdixon
"Web 3 is an internet owned by users and builders orchestrated with tokens." - @cdixon
"Today the frontier is on the internet and even on the internet, the frontier is within Web3 and crypto because it’s sort of the least regulated the most decentralized, most permissionless, 24x7x365 markets that are self-funding hackers from all around the world." - @naval
"Composability is to software as compounding interest is to finance.
It's sort of this magical thing where if you get it going, it has this sort of exponential hockey stick."
It's sort of this magical thing where if you get it going, it has this sort of exponential hockey stick."
"The internet is not bad for creative people. Web2 is bad for creative people." - @cdixon
"If Bitcoin can have value, if Ethereum can have value, then in theory, an NFT can have value as long as the smart contracts and the social contracts and the community enforcing it has value." - @naval
"The power of a program is how much computation power it has beyond it. The power of an idea is how many brains is it running in. So if you have good ideas, you want to spread them as far and wide as possible.
That's why I'll never charge for a piece of content." - @naval
That's why I'll never charge for a piece of content." - @naval
"A complex system that works is invariably found to have evolved from a simple system that worked.
So in that sense, NFTs are primitive, and people are going to recombine, and assemble, and compose those primitives to create incredible complex systems." - @naval
So in that sense, NFTs are primitive, and people are going to recombine, and assemble, and compose those primitives to create incredible complex systems." - @naval
"A few recommendations:
First, go read Snow Crash and appreciate how prescient that book was.
And then, watch Ready Player One.
There are aspects of it that I don't think are right around the corner, but I think a lot is coming sooner than people expect." - @tferriss
First, go read Snow Crash and appreciate how prescient that book was.
And then, watch Ready Player One.
There are aspects of it that I don't think are right around the corner, but I think a lot is coming sooner than people expect." - @tferriss
"If you're skeptical about the idea of owning digital property, then you're not only denying capitalism on the internet ....
You're saying we're not going to have a collectively owned future. We're going to have a government-owned future and corporate-owned future." - @naval
You're saying we're not going to have a collectively owned future. We're going to have a government-owned future and corporate-owned future." - @naval
"The mistake I see a lot of young people making early in their career. The next prize, promotion, bonus, is six months away.
And they're on that treadmill, never willing to join a startup and take what appears to be a step backward, but is, in reality, a bigger hill." - @cdixon
And they're on that treadmill, never willing to join a startup and take what appears to be a step backward, but is, in reality, a bigger hill." - @cdixon
"It's not even the first inning. It’s like the anthem before the game has even started.
And I have never seen so many highly intelligent, ambitious, capable people drop whatever they’re doing, in many cases really attractive things, to dedicate their time to this." - @tferriss
And I have never seen so many highly intelligent, ambitious, capable people drop whatever they’re doing, in many cases really attractive things, to dedicate their time to this." - @tferriss
"It has to go through the same adoption curve that Web2 and Web1 did.
And in theory, it could even go faster. Because tokens naturally have an incentive mechanism built-in. The token companies don't need to do much marketing.
The marketing is done by the users. - @naval
And in theory, it could even go faster. Because tokens naturally have an incentive mechanism built-in. The token companies don't need to do much marketing.
The marketing is done by the users. - @naval
"You can’t stop it. It’s ultimately code and code is just speech and speech is just ideas. You can’t stop ideas.
And if you try to stop that, you're going to miss out on the greatest wealth creation and innovation since the internet came into being." - @naval
And if you try to stop that, you're going to miss out on the greatest wealth creation and innovation since the internet came into being." - @naval
"So there’s just this huge opportunity now to make every person, a worker, an investor, a shareholder, an evangelist, an owner, a creator, a designer.
We can fold it all into one. And that’s really what Web3 is enabling with tokens at the core." - @naval
We can fold it all into one. And that’s really what Web3 is enabling with tokens at the core." - @naval
"NFTs are artifacts of networks. So you have your own community and the thing, and the NFTs you’re creating will be artifacts for that community.
And they derive value to the extent that they kind of reinforce that community’s values and norms and language and memes." - @cdixon
And they derive value to the extent that they kind of reinforce that community’s values and norms and language and memes." - @cdixon
"Crypto investing is to venture investing as venture investing is to value investing." - @naval
"This should be a golden period for creative people.
There are eight billion people internet-connected.
You only need a thousand to make a living. This should be the greatest time in history for creative people.
And I think we might have finally figured it out." - @cdixon
There are eight billion people internet-connected.
You only need a thousand to make a living. This should be the greatest time in history for creative people.
And I think we might have finally figured it out." - @cdixon
"An NFT is not really an object, a digital object. It is a pointer, it is a channel, it is a link, communication between you, the creator, and the community, and any kind of value can be funneled down that." - @naval
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I’m @dickiebush - I write weekly threads on digital writing and digital leverage.
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I’m @dickiebush - I write weekly threads on digital writing and digital leverage.
I also write a newsletter with frameworks like this.
Subscribe:
getrevue.co
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