Patrick M. Byrne quote

People didn't know where they could trade. When everybody owes each other IOUs that can be in multiple places at once, that's how the system couldn't tell any more who owned what and who owed what to whom. Blockchain could have prevented 2008.
Patrick M. Byrne
Patrick M. Byrne
Born: 1962

Topics

People, Blockchain, Owes, Other, Everybody, Once, System, Tell, More, Could, Know, Trade, How, Owed, Owned, Any, Where, Places, Who, Multiple, Each, Whom

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Related Authors

Bill Gates, Henry Ford, Jim Rohn, Les Brown, Peter Drucker, Stephen Covey, Steve Jobs, Warren Buffett
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