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Fred Ehrsam Quotes


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Quotes by Fred Ehrsam

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Bitcoin's value is the same: It will remain as long as it is the most efficient mechanism for transferring ownership.

~Fred Ehrsam

Topics: Bitcoin Efficient Long Mechanism Most Ownership Remain Same Value Will

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Bitcoin is valuable as a currency because of the economic efficiencies the bitcoin network is already creating as transactions flow over it. As with the Internet, more applications will flourish which will make the bitcoin network, and thus bitcoin as a currency, valuable.

~Fred Ehrsam

Topics: Applications Because Bitcoin Creating Currency Economic Flourish Flow Internet Make More Network Over Over It Thus Transactions Valuable Which Will

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Sales conducted on-chain through smart contracts couldn't really be done before Ethereum, which is why they are a newer concept. I think this style will become the most common over time.

~Fred Ehrsam

Topics: Become Before Common Concept Contracts Done Ethereum Most Over Really Sales Smart Style Think Through Time Which Why Will I Think

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At GDAX, we want to see new protocols and their tokens flourish.

~Fred Ehrsam

Topics: Flourish New See Want

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When the actual Bitcoin network launched in 2009, no one knew about it, and many of those who did thought it would surely fail. Just to make sure the thing worked, the scripting language in Bitcoin was intentionally extremely restrictive.

~Fred Ehrsam

Topics: About Actual Bitcoin Did Extremely Fail Intentionally Just Knew Language Make Many Network Sure Surely Thing Those Thought Who Worked Would

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The scripting language in Bitcoin is important because it is what makes Bitcoin 'programmable money'. Within each Bitcoin transaction is the ability to write a little program.

~Fred Ehrsam

Topics: Ability Because Bitcoin Each Important Language Little Makes Money Program Transaction Within Write

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The ability to easily buy and sell Bitcoin has been a really key factor in accelerating Bitcoin adoption.

~Fred Ehrsam

Topics: Ability Accelerate Adoption Been Bitcoin Buy Easily Factor Key Really Sell

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I think it's fundamentally a good sign that more and more professional traders and market makers are providing liquidity to the whole ecosystem. It allows people to move much larger quantities of digital currency more quickly than they would if that were not the case.

~Fred Ehrsam

Topics: Case Currency Digital Ecosystem Fundamentally Good Good Sign Larger Liquidity Makers Market More More And More Move Much People Professional Providing Quantities Quickly Sign Than Think Were Whole Would I Think

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When you drill down, blockchains are really a shared version of reality everyone agrees on. So whether it's a fully immersive VR experience, augmented reality, or even Bitcoin or Ethereum in the physical world as a shared ledger for our 'real world,' we'll increasingly trust blockchains as our basis for reality.

~Fred Ehrsam

Topics: Agree Augmented Reality Basis Bitcoin Down Drill Ethereum Even Everyone Experience Fully Increasingly Our Physical Physical World Real Real World Reality Really Shared Trust Version Whether World You Vr

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The Internet will continue to be valuable so long as it is the most efficient mechanism for transferring data. Bitcoin's value is the same: It will remain as long as it is the most efficient mechanism for transferring ownership.

~Fred Ehrsam

Topics: Bitcoin Continue Data Efficient Internet Long Mechanism Most Ownership Remain Same Valuable Value Will

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Biography

Nationality: American

Type: Businessman

Born: Unknown

Links

Find Fred Ehrsam on Amazon

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