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Naval Ravikant Quotes
Naval Ravikant Quotes
Naval Ravikant
Businessman
Bitcoin
Money
People
Think
Will
You
Related authors:
Bill Gates
Elon Musk
Henry Ford
Jim Rohn
Les Brown
Stephen Covey
Steve Jobs
Warren Buffett
Cryptocurrency currencies take the concept of money, and they take it native into computers, where everything is settled with computers and doesn't require external institutions or trusted third parties to validate things.
Naval Ravikant
Money
Settled
Validate
Everything
Take
Computers
Institutions
Concept
Parties
Cryptocurrency
Trusted
Native
Where
Require
Things
External
Third
Think of Bitcoin as a bank account in the cloud, and it's completely decentralized: not the Swiss government, not the American government. It's all the participants in the network enforcing.
Naval Ravikant
Government
Bitcoin
Cloud
Think
Network
Participants
Account
American
Bank
Bank Account
Decentralized
American Government
Enforcing
Swiss
It's almost always possible to be honest and positive.
Naval Ravikant
Positive
To Be Honest
Possible
Almost
Always
Honest
Humans don't 'need' math-based cryptocurrencies when dealing with other humans. We walk slowly, talk slowly, and buy big things. Credit cards, cash, wires, checks - the world seems fine.
Naval Ravikant
Buy
World
Walk
Big
Other
Fine
Slowly
Cash
Seems
Wires
Checks
Talk
Dealing
Big Things
Credit
Credit Cards
Things
Cards
Humans
Need
I think it just helps to be very aware that fundamentally, there are no adults. Everyone is making it up as they go along. You have to find your own path, picking, choosing, taking and discarding as you see fit.
Naval Ravikant
You
Path
Own
Think
Everyone
Find
See
Adult
Picking
Taking
Along
Making
Go
Fit
Up
Very
Just
Your
Choosing
Helps
Aware
Fundamentally
There's so much innovation going on, and there are lots of people funding that innovation, but there's very little innovation on that infrastructure for innovation itself, so we like to do that ourselves to help companies create more tech companies.
Naval Ravikant
Innovation
People
Ourselves
More
Like
Lots
Itself
Very
Going
Little
Infrastructure
Create
Much
Help
Companies
Tech
Tech Companies
Funding
ICOs are obviously a new and interesting form of funding for blockchain-based protocols, but it's not clear that all of them comply with U.S. securities laws or that all of them are companies that have good native use cases for new coins.
Naval Ravikant
Good
Coins
Securities
Comply
Cases
Laws
Clear
New
Obviously
Native
Form
Interesting
Them
Use
Companies
Funding
Oddly enough, Bruce Lee wrote some great philosophy.
Naval Ravikant
Great
Enough
Philosophy
Some
Bruce
Bruce Lee
Wrote
Oddly
Lee
I think almost everything about humans and human civilization is explained better by evolution than anything else.
Naval Ravikant
Better
Think
Else
Everything
Evolution
About
Civilization
Almost
Almost Everything
Than
Human
Anything
Anything Else
Human Civilization
Explained
Humans
I think long-term, Bitcoin is a currency of the Internet. So, even if humans don't use it, routers will use it. Web browsers will use it. Web servers will use it.
Naval Ravikant
Bitcoin
Internet
Will
Think
Web
Long-Term
Currency
Use
Even
Humans
We can code wills, escrows, trusts, notaries, revokable charge backs, proof of contracts, intellectual property enforcement. What Wall Street does can be done in code by Bitcoin.
Naval Ravikant
Property
Bitcoin
Backs
Charge
Wills
Proof
Does
Intellectual
Intellectual Property
Contracts
Trusts
Wall
Wall Street
Done
Enforcement
Code
Street
Cryptocurrencies are an emergent property of the Internet - almost a fifth protocol in the Internet suite. If Satoshi Nakomoto did not exist, it would still be necessary to invent them.
Naval Ravikant
Property
Internet
Invent
Suite
Would
Almost
Protocol
Still
Exist
Did
Them
Fifth
Satoshi
Necessary
Nation states that are used to imposing capital controls will face a quandary: ban cryptocurrencies and live in the technology dustbin; enable them, and this virus - this religion, this protocol - will enable the free flow of money and language, along with packets, around the globe.
Naval Ravikant
Religion
Technology
Money
Language
Will
Face
Free
Nation
Live
Virus
States
Free Flow
Along
Globe
Around
Protocol
Enable
Imposing
Ban
Controls
Them
Capital
Used
Flow
Take a very small amount of money, your throwaway money, treat it as if it's already gone, you've mentally set it on fire, and put it in some distribution of a few truly legit layer 1 blockchains.
Naval Ravikant
You
Money
Treat
Fire
Few
Gone
Distribution
Some
Small
Mentally
Layer
Take
Put
Truly
Very
Your
Amount
Set
Money is a bubble that never pops. It's a consensus hallucination.
Naval Ravikant
Money
Bubble
Never
Hallucination
Pops
Consensus
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