Naval Ravikant Bitcoin Bolt

Naval Ravikant: "Bitcoin cannot coexist with patents. The whole point of Bitcoin is decentralization. Patents are government-enforced centralized monopolies."

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AngelList's Naval Ravikant: Bitcoin Solves 'Money Problems'

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AngelList's Naval Ravikant: Bitcoin Solves 'Money Problems'

https://www.coindesk.com/angellists-naval-ravikant-token-summit-bitcoin-solves-money-problems/
Bitcoin's recent – and eye-popping – price movements above $12,000 have some observers saying the market is in bubble territory.
While he's not ruling it out entirely, Naval Ravikant, the co-founder of AngelList, holds a less alarmist view.
"Money is a bubble that never pops," he said at yesterday's Token Summit II in San Francisco, adding:
"It's a consensus hallucination."
And speaking to the newfound attention to bitcoin, as displayed by the upward price trajectory this year, Ravikant said people are interested in growing the wealth that they have.
With most savings accounts returning zero these days – as central banks conduct what Ravikant called their "grand money printing experiment" – the general public is looking for alternative places to store their money and watch it grow. Bitcoin and other protocols seem to offer that, as even the less-developed cryptocurrencies are showing substantial returns.
"I think people are looking to solve their money problems," he said.
Yet at the same time, he warned that some of the cryptocurrency industry has been overhyped. In particular, Ravikant believes the market puts way too much faith in the concept of decentralization.
"One indicator we are in a very frothy environment is we have a lot of tokens trading at very high values that are junk," he said, without specifically naming any. "Right now, I think the market isn't distinguishing quality."
Having said that though, Ravikant concluded that the cryptocurrency economy is here to stay.
In fact, he gave the audience some insight into what cryptocurrencies he's interested in. These include bitcoin, for storing value; zcash, for transacting easily; basecoin, to act as a stable unit of account; and tezzies, to access the Tezos smart contract platform.
"I think we'll see a lot more of the money use cases realized," he predicted, adding:
"If you can redefine what money is, that's a trillion dollar outcome."
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AngelList's Naval Ravikant: Bitcoin Solves 'Money Problems'

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Naval Ravikant: "Bitcoin cannot coexist with patents. The whole point of Bitcoin is decentralization. Patents are government-enforced centralized monopolies."

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Cryptocurrencies with Tim Ferriss, Nick Szabo and Naval Ravikant: Bitcoin, Ethereum, and ICOs

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AngelList's Naval Ravikant: Bitcoin Solves 'Money Problems'

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AngelList's Naval Ravikant: Bitcoin Solves 'Money Problems'

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Naval Ravikant: Bitcoin as Free Speech

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Naval Ravikant: Bitcoin as Free Speech

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AngelList's Naval Ravikant: Bitcoin Solves 'Money Problems' /r/Bitcoin

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AngelList's Naval Ravikant: Bitcoin Solves 'Money Problems' – CoinDesk

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AngelList's Naval Ravikant: Bitcoin Solves 'Money Problems'

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AngelList's Naval Ravikant: Bitcoin Solves 'Money Problems'

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AngelList's Naval Ravikant: Bitcoin Solves 'Money Problems'

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Naval Ravikant: Bitcoin as Free Speech

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Winklevoss and Naval Ravikant bitcoin panel at beLAUNCH 2014 [39:00]

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Naval Ravikant: Bitcoin - the Internet of Money.

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Uber, Twitter Angel Investor Naval Ravikant Explains Why Bitcoin Is So Important

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Uber, Twitter Angel Investor Naval Ravikant Explains Why Bitcoin Is So Important (x-post from /r/Cryptocurrency)

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"Bitcoin is a tool for freeing humanity from oligarchs and tyrants, dressed up as a get-rich-quick scheme." | AngelList CEO Naval Ravikant

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"Money has a powerful network effect. The first country to embrace Bitcoin will tip the rest of the world and end up fabulously wealthy" | AngelList CEO Naval Ravikant

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OSSS.io Keynote — Naval Ravikant — Open Source and Bitcoins Naval Ravikant on THE POWER OF BITCOIN  The Tim Ferriss ... How to Get Rich (without getting lucky) - Naval Ravikant ... Naval Ravikant talks about Bitcoin The Present and Future of Crypto with Naval Ravikant and Balaji Srinivasan

Naval Ravikant and Balaji Srinivasan propose using cryptocurrencies based on the Bitcoin protocol as a business model for open source projects. Ask Naval Ravikant his proudest accomplishments of 2017, and he mentions a 37-part tweetstorm about blockchains, networks and markets ... "Bitcoin is more than money, and more than a protocol," Ravikant wrote. "It's a model and platform for true crowdfunding – open, distributed and liquid all the way." This vision became reality across the globe in 2017 – but not without a bit of ... Bitcoin’s eye-popping price movements have some observers saying the market is in bubble territory. But while he’s not ruling it out entirely, Naval Ravikant, the co-founder of AngelList ... All Bitcoin reviews by expert Naval Ravikant. Filter By. Apply Filters Sort by. Search. Show. 2019; Naval Ravikant on Bitcoin CEO and Co-founder of AngelList. The longer survives, the more people trust it as a store of value, the more the price goes up. As the price rises, it pulls in more hashpower (security) and more developers. A self-fulfilling, positive feedback loop based purely on ... Naval Ravikant. By admin on December 31, 2017 in. If crypto assets really are the “Craziest Bubble Ever,” then Naval Ravikant is the movement’s elder statesman. The founder of AngelList, Ravikant didn’t talk much about startups in 2017, instead preaching the gospel of the ICO on Twitter in 140-character bursts that were part roadmap and part prophecy for a burgeoning industry. In the ...

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OSSS.io Keynote — Naval Ravikant — Open Source and Bitcoins

Naval Ravikant (investor and founder of AngelList) talks about Bitcoin and the future of cryptocurrencies in his first Periscope broadcast. Naval's Full Firs... How to Get Rich (without getting lucky) by Naval Ravikant https://twitter.com/naval/status/1002103360646823936 Seek wealth, not money or status. Wealth is ha... PodClips brings you the best podcast clips 👉 All clips from this episode: https://podclips.com/e/EOn?ss=y 👉 Listen to the full clip: https://podclips.com/c/N... Naval Ravikant (Angel List) speaks about the future of open source and bitcoins. From Bain Capital Ventures Presents the Open Source Startup Summit Category Naval Ravikant Sixth Periscope (Nov 25, 2018) - Duration: 26:13. ... Bitcoin Fireside Chat with Marc Andreessen and Balaji Srinivasan - Coinsumm.it - Duration: 43:24. CoinSummit 47,900 views. 43 ...

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