Austin Craig

“If you read anything about bitcoin, you’ll see the very same things that they said about the internet in the early '90s. It is a haven for pedophiles, terrorists, drug dealers, and criminals. How many of you in this room have bitcoin? How many of you in this room are terrorists, pedophiles, drug dealers or criminals? Audience laughs You see the thing about bitcoin is while they push this story, every now and then someone who has never heard of bitcoin notices an important thing: it’s still not dead, which is always surprising because every two or three months there is an article that says it’s dead. That’s great marketing. Because every time someone hears it’s dead and three months later they hear it’s still not dead, they think, "Huh, this thing really tends to survive." I call bitcoin "the internet of money,” but perhaps we should call it “the zombie of currencies.” It is the currency that is the undead. The”
― Andreas M. Antonopoulos, The Internet of Money

“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.”
― Andreas M. Antonopoulos, Mastering Bitcoin: Unlocking Digital Cryptocurrencies

“We must be clear that when it comes to atoms, language can be used only as in poetry. The poet, too, is not nearly so concerned with describing facts as with creating images and establishing mental connections.

[About describing atomic models in the language of classical physics:]”
― Niels Bohr

“One of my favorite words is a French word: sousveillance. It is the opposite of surveillance. Surveillance means to look from above; sousveillance means to look from below. In their dream of nation-states controlling all of our financial futures, they made one major miscalculation. It’s a hell of a lot harder for a few hundred thousand people to watch 7 1/2 billion. But what do you think happens when 7 1/2 billion of us stare back? When the panopticon turns around? When our financial systems, our communication systems, are private, and secrecy is an illusion that can’t be sustained? When crimes committed in the names of states and powerful corporations are vulnerable to hackers and whistleblowers and leakers? When everything eventually comes out? We have a great advantage because the natural balance of the system is one in which individuals can have privacy but the powerful cannot have secrecy anymore.”
― Andreas M. Antonopoulos, The Internet of Money