Crypto Quotes

As society evolves, business models evolve.

Ultimately, Investing is about holistic ROI. It’s not about just owning stocks or crypto or flipping for quick income. When we talk about holistic ROI, we are looking at our long term profit, short term profit, income security, cash flow, social impact, environmental impact, spiritual impact, stability of the permaculture economy, and more. That’s how we see it at Mayflower-Plymouth.

We all have a responsibility to be efficient stewards of resources. That’s also what good investing is about - being an efficient steward of resources.

Money loves to multiply. Money loves to grow.

Encryption works. Properly implemented strong crypto systems are one of the few things that you can rely on. Unfortunately, endpoint security is so terrifically weak that NSA can frequently find ways around it.

Business management requires its own skill set separate from being skilled at whatever service or product the business provides.

Kids who are obsessed with locks frequently turn into adults who are obsessed with crypto.

The divine line "Bitcoin/Cryptocurrency is for criminals" is a cunning defensive strategy created by so called traditional financial services sector.

Every tree in the forest knows about creating value, and about reciprocity and about stewardship. And every tree in the forest knows about profit and about investing and about ROI. This is why I study and learn from nature.

I told them that I failed to see how speaking to Oprah was any different from what my family and their staff had done for decades – briefing the press on the sly, planting stories. And what about the endless books on which they’d co-operated, starting with Pa’s 1994 crypto-autobiography with Jonathan Dimbleby? Or Camilla’s collaborations with the editor Geordie Greig? The only difference was that Meg and I were upfront about it. We chose an interviewer who was above reproach, and we didn’t once hide behind phrases like “Palace sources”, we let people see the words coming out of our mouths.

I started with $50, and within 48 hours received just under $200 dollars in crypto currency that I had not been expecting. I went on over the coming months to refine the process through trial and error until today, I am able to call in thousands at a time that comes in the most weird and wacky ways.

Money is beautiful. And the more money I have, the more beautiful it is. And I feel like my money gets more beautiful every single day. And every day, I see more beauty in it as it keeps growing and multiplying and flowing and expanding.

Every part of business that involves the movement of resources can be improved by learning from fungi.

Wealth is not a stagnant dry thing. Wealth is money alive. Wealth is money vibrant. Wealth is money in motion. Wealth is money continuously growing into greater and greater abundance, producing more and more of itself. Wealth is about money flowing with ease and grace and definiteness.

Biomimicry is critical in regard to using design as a way to solve problems in business. Biological ecosystems have invented solution after solution to all kinds of problems. The key is to learn to see nature through nature's eyes, and to speak nature's language and then to establish a continuous translation between biological ecosystems and human ecosystems.

Like most cryptocurrencies, it had no “revenue” or “profits.” There was no reason why it should have any value.

In crypto, everyday is not a green day, but true holders will later get paid.

Learning how cryptocurrency works is like learning a new language. It is incredibly difficult at the beginning, but once it clicks it will stick with you forever.

People can't learn if things don't change. Mysteries. Challenges. Even threats. All of them are opportunities to learn, which is one of life's greatest joys, if not its main purpose.

Most people think the big money in crypto is in day trading, but the holy grail in cryptocurrency industry right now is spotting the gems before the public knows about it. Understanding pre-sale, public sale and pre-exchange purchase arrangements is so vital for massive profits.

The decentralized nature of cryptocurrencies means they are often not subject to the same regulatory oversight as traditional financial systems. This can lead to fraud, scams, and market manipulation.

Money is like water, it’s everywhere. It’s in the ground, it’s in the sky, it’s in the air… it’s everywhere. If you’d like, your wallet or account can be like a rainwater pool where the money is filled up and always flowing. And where you can just put a cup in that pool and drink from it whenever you like and you always have more than enough money because the pool is always full. And there’s a prosperous ecosystem where the money clouds are always passing by and pouring more money in there. That’s a good relationship with money.

Eliade’s most compelling point, for me, is that sacredness is so irrepressible that it intrudes repeatedly into the modern profane world in the form of “crypto-religious” behavior. Eliade noted that even a person committed to a profane existence has privileged places, qualitatively different from all others—a man’s birth-place, or the scenes of his first love, or certain places in the first foreign city he visited in his youth. Even for the most frankly nonreligious man, all these places still retain an exceptional, a unique quality; they are the “holy places” of his private universe, as if it were in such spots that he had received the revelation of a reality other than that in which he participates through his ordinary daily life.

Those of us who fought the crypto wars, as we call them, thought we had won them in the 1990s. What the Snowden documents have shown us is that instead of dropping the notion of getting backdoor government access, the NSA and FBI just kept doing it in secret.

It had been a long while since I’d watched any television, and things had only gotten weirder. Beauty pageants for infants; ruddy men in trucker caps fighting over abandoned storage lockers; public shamings of compulsive hoarders and pre-diabetics; affluent suburban women made up like transvestite hookers, competing with each other in feats of coarseness and cruelty; barely literate pregnant teens with tattoos, unfocused eyes, and futures like wrecked cars; apoplectic crypto-fascists spitting bile and paranoia; a carnival midway of weight loss devices, hair growth creams, erectile dysfunction potions, and pottery from which herbs grew like green hair. It was like the day room of a surrealist mental hospital, or any big city ER on a summer Saturday night.

The same people who thought Bitcoin at $100 was expensive, now think it is fairly valued at $30,000.

DeFi boom is a very near equivalent of an apocalyptic event for the traditional financial institutions.

cashless society: (n.) dystopian civilization where you can be sure the real terrorists have won.

the issue is not whether you are a socialist or a free-market capitalist but whether you are a centraliser or a decentraliser.

Transparent, immutable records, as we will see, are critical to good governance. However, so too are secure communications.

Government fiat currency is far superior to cryptocurrency.

Cryptocurrencies lack the level of accountability that needed to conduct exchange at scale.

From the beginning, I thought that crypto was pretty dumb. And it turned out to be even dumber than I imagined.

The more you dig deeper into crypto the more you will discover you know little about so many things in life. Keep learning and never stop!

Join my gang, the better whites. It's an open ethnocrypto network, basically we're latinos & mediterraneans and don't trust cash.

Trust me, I get it - there is so much to absorb in the crypto space, but I'm here to help you along the way.

The FBI hates and fears strong crypto.

Lenin had been a risk-taker. Trotsky had been one, too, until Stalin had made him the Bill Gates of the Soviet Union, the excoriated crypto-reactionary.

It struck me that almost any of the companies I’d heard about would be good fodder for an investigative story. But the thought of methodically gathering facts to disprove their ridiculous promises was exhausting. It reminded me of a maxim called the “bullshit asymmetry principle,” coined by an Italian programmer. He was describing the challenge of debunking falsehoods in the internet age. “The amount of energy needed to refute bullshit is an order of magnitude bigger than to produce it,” the programmer, Alberto Brandolini, wrote in 2013.

Rather than improving trust, crypto has tried to minimize the need for trust. To create a system that requires no trust. To build a world that will still function even when all trust is eroded.

It reminded me of a maxim called the “bullshit asymmetry principle,” coined by an Italian programmer. He was describing the challenge of debunking falsehoods in the internet age. “The amount of energy needed to refute bullshit is an order of magnitude bigger than to produce it,” the programmer, Alberto Brandolini, wrote in 2013.

Cryptocurrency transactions are typically irreversible. If you make a mistake or fall victim to fraud, it may be challenging or impossible to recover your funds. This kind of risk is not worth the supposed benefits of crypto.

The River is a sprawling ecosystem of like-minded people that includes everyone from low-stakes poker pros just trying to grind out a living to crypto kings and venture-capital billionaires. It is a way of thinking and a mode of life. People don’t know very much about the River, but they should. Most Riverians aren’t rich and powerful. But rich and powerful people are disproportionately likely to be Riverians compared to the rest of the population.

Cryptocurrencies are vulnerable to hacking and theft. When you have fiat money in a government regulated bank account, you have some authority to help you solve a problem like that. With crypto, you're all alone and out of luck.

The Decentralization of Finance is really good for humanity. Now that we circumvent can banks, exchanges and brokerages by using smart contracts on the blockchain… every person, every family, and every business will experience more freedom, more liberty, more opportunities, more power, more abundance, and more wealth. So DeFi is a win for humanity.

Some cryptocurrencies, like Bitcoin, require significant energy consumption for mining and transactions, which has raised environmental concerns. It's unsustainable. The costs of crypto outweigh the benefits – at least aside from small niche use cases.

According to Cantillon, the beneficiaries from the expansion of the money supply are the first recipients of the new money, who are able to spend it before it has caused prices to rise. Whoever receives it from them is then able to spend it facing a small increase in the price level. As the money is spent more, the price level rises, until the later recipients suffer a reduction in their real purchasing power. This is the best explanation for why inflation hurts the poorest and helps the richest in the modern economy.

Snowden put it like this in an online Q&A in 2013: “Encryption works. Properly implemented strong crypto systems are one of the few things that you can rely on. Unfortunately, endpoint security is so terrifically weak that NSA can frequently find ways around it.

By 2030, some form of Crypto will become the global reserve currency but it will not be based on what exists today. Existing cryptos need to transform or will disappear. Also around 2030 or so, the first Nobel Prize in Economics will be awarded to a Cryptoeconomist.

There were the venture capitalists, who’d gotten in early, watched the tokens they bought climb to ludicrous heights, and now believed they could predict the future. There were the founders of crypto start-ups, who’d raised so many millions of dollars that they seemed to believe their own far-fetched pitches about creating the future of finance. Then there were the programmers, who were so caught up with their clever ideas about new things to do inside the crypto world that they never paused to think about whether the technology did anything useful.

The very principles of economics suggest that scarcity, validity, and demand can transform anything, even a stone, into a Store-of-Value (SoV). Such an event will happen only once in an era and we are extremely fortunate to be witnessing the birth of a new type of SoV, the Crypto.

Cryptocurrency is here to stay, so we hear on cryptosphere everyday. But there are some fundamental situations that needs to take place for this speculated ‘store of value’ to really have its foot to stand on, and that is, government’s ability to enforce taxation on businesses and individuals making gains with this currency. So, either we like it or not, crypto taxation needs to be enforced for government to really entertain any form of adoption. Asian countries dominates the cryptocurrency spaces but the governments are finding it a bit hard to really tax crypto transactions.

What do these decades-old international organizations see in an arcane digital technology built by the crypto-libertarians and Cypherpunks who gave us Bitcoin? It’s the prospect that this decentralized computing system could resolve the issue of social capital deficits that we discussed in the context of the Azraq refugee camp. By creating a common record of a community’s transactions and activities that no single person or intermediating institution has the power to change, the UN’s blockchain provides a foundation for people to trust that they can securely interact and exchange value with each other.

After downloading some crypto software, hex editors and a few system tools, the time comes to locate the D3dm4n$ Ch3$t. Tracking down the site takes a while. The portal regularly relocates, piggybacking off legitimate websites until discovered and then relocating. Once there, you take a dive into the Deep.

The long-standing arguments on whether to, or not to, enforce a crypto taxation laws or capital gains tax on cryptocurrency trading and transactions is glaringly coming to an end. It is believed that in order to legalize cryptocurrency as a legal tender, there would be need for documented cryptocurrency taxation by the government.

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Residents of Niagara Falls, New York complained that bitcoin miners powerful cooling fans, necessary to keep the computers from overheating, were drowning out the sound of the area's massive waterfalls. China, not exactly known for its environmentalism, banned mining due to its massive energy use. Of course, it was welcomed by Texas.

What I’d learned so far about Tether was inconclusive, but completely sketchy. I couldn’t believe that every day, people sent millions of perfectly good U.S. dollars to the Inspector Gadget creator’s Bahamian bank in exchange for digital tokens conjured by the Mighty Ducks guy and run by executives who were targets of a U.S. criminal investigation.

Critique Economy, a largely discursive and academic mini-industry that seems to have consumed too much of the left's energy of late, as its actual institutional power has declined.

It is a very important and lucrative skill one can have that allows them to be able to see into the future and act toward it in the present.

(Mine was 0xfDE68e4ABbE0A25a7a57626956E9A9B844CF4Cd3

Bitcoin isn't a bubble, it's the pin.

There is a constant interaction and overlap between the physical, virtual, augmented, and mixed worlds.

The metaverse is not something to believe in. It’s not a religion; it’s simply a tool. I don’t “believe” in my refrigerator. I use it when I want a cold soda.

What Zuckerberg has in mind for Horizon is a dystopian advertising nightmare.

I miss the days when forensic accountancy and security engineering were distinct fields.

The choice is simple - Learn or get left.

One of them, ex-Wall Streeter Mike Novogratz, even tattooed his left shoulder with the word luna, next to a wolf howling at the moon.

This idea about crossing borders many times a day on the internet…Well, imagine there’s a blogger in Australia and they’ve written a nice article and actually they want to be paid a little bit of money when people read their thing. He’s not set up on Visa, you don’t want to type out all this stuff on a credit card. Surely, if you were to pay him 50p’s worth of bitcoin for this incredible article that he’s written, or a piece of data that he’s calculated that for some reason has value to you, it enables little transactions like that to happen on a vast scale. You can do it quickly and simply and get rid of all this noise in the middle. Ironically, I think cryptos are more likely to push the world towards paid content than the other way around – because they enable it in a way that wasn’t possible before.

As state-sanctioned measures evolve to erode fundamental rights, so too does the arsenal of defensive tools the security community relies on to protect them, and this provocation ignites the residue of our defiance.

It is as if, since its very establishment, America had chosen to hold, as Napoleon would, that "history is the myth that men choose to believe." The crypto-Machiavellians who serve as the perennial stewards of American public affairs understand that people on the whole are about as malleable as their history can be made to be. The landscape is rife with examples, from historically overarching lies and half-truths to popular culture deceits.

[T]he modern West is the first culture in human history that has managed to strip time and space of all sacredness and to produce a fully practical, efficient, and profane world. This is the world that religious fundamentalists find unbearable and are sometimes willing to use force against. [S]acredness is so irrepressible that it intrudes repeatedly into the modern profane world in the form of "crypto-religious" behavior. [E]ven a person committed to a profane existence has 'privileged places, qualitatively different from all others - a man's birthplace, or the scenes of his first love, or certain places in the first foreign city he visited in youth. Even for the most frankly nonreligious man, all these places still retain an exceptional, a unique quality; they are the "holy places" of his private universe, as if it were in such spots that he had received the revelation of a reality other than that in which he participates through his ordinary daily life.

Cryptocurrency, which was supposedly created as a solution to the myriad failures of our regulated financial system laid bare during the subprime crisis, had effectively reproduced and even amplified the same dynamics, leading to a similar implosion. Thankfully for the broader public, it had all happened on a smaller scale and the real banks were not involved (despite the crypto industry’s efforts to the contrary). But once again, it was regular people who were left holding the bag.

As of today, the majority of Asian countries are still examining crypto technology and drafting their regulatory outlines. Better crypto tax regulations should come in the next few months or a year from now. Now, we can settle the argument on crypto taxation laws enforcement. It is very certain that it is just a matter of time for this event to unfold, collecting capital gains tax is just a time bomb waiting to explode in the cryptocurrency space, or else, the government will place outright ban on these commodities.

They [the British people] cannot bear to think that the State will own everybody in their political thoughts and actions, as well as in managing them in their daily political lives. They do not see that their theme of Socialism inevitably leads to Communism and, secondly, that before getting to it they will have to do what they hate to do, and that is to sacrifice the personal individual liberties won so hardly and prized so much. The delicate margin between socialism and Communism was a no man’s land, occupied by the crypto-Communists.

Bitcoin is just six years old. It has gone from what was ostensibly one lonely coder’s pet project to a global phenomenon that has sparked the imagination and activism of libertarians, anticorporatists, crypto-anarchists, utopians, entrepreneurs, and VCs. Bitcoin has gone from being essentially worthless to dearly valuable, only to crash and rise again, a wild trading pattern that has few analogues in capital markets. It’s certainly gone from nowhere to somewhere, and where it goes from here may be as messy and chaotic as where it’s been.

He would expose, remorselessly, those hypocrites and cynics who publicly denied the catastrophe of climate change while secretly short-selling that very same position and hedging all their bets; the millionaires and billionaires who preached self-reliance while accepting vast handouts in the form of subsidies and easy credit, and who bemoaned red tape while building contractual fortresses to shield their capital from their ex-wives; the tax-dodging economic parasites who treated state treasuries like casinos and dismantled welfare programmes out of spite, who secured immensely lucrative state contracts through illegitimate back channels and grubby, endlessly revolving doors, who eroded civil standards, who demolished social norms, and whose obscene fortunes had been made, in every case, on the back of institutions built with public funding, enriched by public patronage, and rightfully belonging to the public, most notably, the fucking Internet; the confirmed sociopaths who were literally vampiric with their regular transfusions of younger, healthier blood; the cancerous polluters who consumed more, and burned more, and wasted more than half the world’s population put together; the crypto-fascist dirty tricksters who pretended to be populists while defrauding and despising the people, who lied with impunity, who stole with impunity, who murdered with impunity, who invented scapegoats, who incited suicides, who encouraged violence and provoked unrest, and who then retreated into a private sphere of luxury so well insulated from the lives of ordinary people, and so well defended against them, that it basically amounted to a form of secession.

The world had six trillion trees, when people showed up. Half remain. Half again more will disappear, in a hundred years. And whatever enough people say that all these vanishing trees are saying is what, in fact, they say. But the question interests Adam. What did the dead Joan of Arc hear? Insight or delusion? Next week he’ll tell his undergrads about Durkheim, Foucault, crypto-normativity: How reason is just another weapon of control. How the invention of the reasonable, the acceptable, the sane, even the human, is greener and more recent than humans suspect.

The radical wolves in sheep’s clothing fall into two categories. First are the Crypto-Marxists, calling themselves radical feminists, post-structuralists, post-modernists, or merely progressives, whose agendas remain totalitarian. Then come the Fellow-Travelling Liberals, who acknowledge the bankruptcy of socialism and make a grudging commitment to free markets, but who still do not want to give up the agenda of “social justice”—the idea that government can arrive at a standard of what is just, and that the state can implement such a standard without destroying economic and political freedom.

I wanted to get as far as my proto-dream-house, my crypto-dream-house, that crooked box set up on pilings, shingled green, a sort of artichoke of a house, but greener (boiled with bicarbonate of soda?), protected from spring tides by a palisade of—are they railroad ties? (Many things about this place are dubious.) I’d like to retire there and do nothing, or nothing much, forever, in two bare rooms: look through binoculars, read boring books, old, long, long books, and write down useless notes, talk to myself, and, foggy days, watch the droplets slipping, heavy with light. At night, a grog à l’américaine.

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The City, Netherton had heard Lowbeer say, explaining the "klept" to Flynne, had long been, and well prior to the jackpot, a unique species of semi-autonomous crypto-state, the single least democratic element of elected British government. It was this singular status, according to Lowbeer, that had allowed it to ride out the eventual collapse of democracy. That, and its core expertise in laundering money, had brought it into a mutually beneficial synergy with the émigré oligarch community, dominated by Russians, who had themselves first been attracted to London by the City’s meta-criminal financial arcana, plus the lavish culture of personal amenities for those requiring same.

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Cryptocurrencies may provide an illusion of financial freedom and control, but the reality is that users often rely on centralized exchanges and wallets, introducing counterparty risk and potential loss of control over their assets. The difference though is that its nearly impossible to hold these counterparties accountable. They're selling you one kind of freedom for the price of many additional risks. I was once a little woo’d by the possibility of what crypto could offer the world, but on a net basis with all things considered holistically, I'd say it's not worth it. As a society, we need government fiat. And we need banks. And we need regulatory entities with the authority and the power to ensure order and accountability at scale.

Ali and his cousin Ahmad were seeking jobs abroad to enable them to escape the economic hardship in Pakistan that had been caused by massive flooding. Ali borrowed $4,000 from family and friends to pay an agent for a tourist visa that would enable him to reach Cambodia, where he and Ahmad were met by a broker. They paid the broker a further $1,475 each for a work visa processing fee, before being taken to a large compound in Cambodia's capital, Phnom Penh. After their passports were taken and they were warned not to try to leave, they were forced to work alongside approximately 1,000 other people, each forced to scam five people daily with cryptocurrency investment schemes. They were watched over, fined and beaten if they failed to comply:

We have been through a torrid decade and more, where living standards have declined but we are constantly told this one of the longest running economic expansions in history. It's as if truly live in George Orwell's 1984 and the powers that be speak a form of doublespeak. When they say employment is at a record high they fail to say wages have been going down in real terms for decades.

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Using an example of how this would work in a more relatable scenario. If you were to imagine a hacker accessing the computer system of your bank and transferring all your funds from your own account into his and deleting all evidence of the transaction, existing technology would not be able to pick this up and you would likely be out of pocket. In the case of a blockchain currency like Bitcoin, having one server hacked with a false transaction being inserted into the database would not be consistent with the same record across the other copies of the database. The blockchain would identify the transaction as being illegitimate and would ultimately reject it meaning the money in your account would be kept safe.

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