"in the information age, you simply need to be at the right place, at the right time, with the right information to succeed."
"saving wealth in a non-ideal form of money and being unable to properly measure or understand the supply growth of the money that you use, can have dire consequences."
"wealth creation is an evolutionarily recent positive-sum game. status is an old zero-sum game. those attacking wealth creation are often just seeking status."
"they can't cut their way out. they can't grow their way out. no matter what anyone tells you, they have to print their way out. which side am i on? bitcoin."
"the root problem with conventional currency is all the trust that's required to make it work. the central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust."
"When you have global concerns around income inequality that are so pervasive—not just in America but everywhere—the rational thing for someone in that position to do is recognize that you have to break the system to give yourself a chance at a fat-tailed event to catch a bid."
"the network is the new nation"
"put all your eggs in one basket and watch the basket carefully"
"the generally accepted view is that market tend towards equilibrium. my view is that markets are inherently unstable. i call this reflexivity."
