Quotes by @balajis from his talks, tweets, and book (The Network State) — Business, Tech & Life Wisdom — Inside the Mind of a Genius

Joined August 2022
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New Milestone Achieved! 800 followers mark crossed 🥂 Vision is to make people smarter, wiser and ready for the future with @balajis' thoughts. More content dropping from today! Homage @balajis 🙏
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"The future is not something we enter. The future is something we create" ⎯ @balajis
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"You don't need to stamp to send an email, you don't need a TV license broadcast on YouTube, you don't need a radio license to do a podcast and you don't need to use old regulations to constrain the future." ⎯ @balajis
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"The future of technology is not really location-based apps; it is about making location completely unimportant." ⎯ @balajis
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"The reason speed has value is because time has value; the reason time has value is because human life spans are finite." ⎯ @balajis
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"The internet, because it connects people peer to peer entities, peer to peer, it removes the middleman, it removes the mediator, it removes the moderator, it removes the mediocrity." ⎯ @balajis
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"If the purpose of technology is to reduce scarcity, then the ultimate purpose of technology is to eliminate mortality." ⎯ @balajis
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"If you deal with information, you need the Internet. If you deal with money, you need to deal with blockchains." ⎯ @balajis
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"We believe the most significant long-term application of bitcoin may be reducing the upfront cost of internet-connected devices to make them more accessible for the developing world." ⎯ @balajis
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"Many great founders have one or more big failures on their track record. What makes them great is that they eventually succeed despite that." ⎯ @balajis
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“Building a great company is all about assembling a team of people smarter than you.” ⎯ @balajis
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"In the innovation economy, you don’t just make things happen once. You make things happen over and over again." ⎯ @balajis
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“The right cycle is the story of this epistle: strong men create good times, good times create weak men, weak men create hard times, and hard times create strong men.” ⎯ @balajis
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"I learned that despite having years and years of experience in math and computer science and so on, I didn't really know how to code until I formed a company." ⎯ @balajis
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"Virtually every major technology has an initial spike of interest, then a dip, and then a long-term rise to success. The dot-com bubble is the canonical example, but there are many more." ⎯ @balajis
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By, say, 2025-2030, I expect that there will be multiple jurisdictions that allow the tokenization of virtually any scarce resource, all the way down to personal tokens. ⎯ @balajis
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There's a tiny number of Bitcoin wizards and an enormous number of smart developers that have no onramp to Bitcoin. We need to make that onramp easier. ⎯ @balajis
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"It used to be that you had to come to Silicon Valley, walk up Sand Hill Road, network with individuals. That's now being completely changed and turned on its head by the whole ICO thing." ⎯ @balajis
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