I'm not in the business of bayoneting the wounded. I feel the blockchain revolution is kind of my victory. I don't care whether I win it, someone else wins it. Patrick M. Byrne More Quotes by Patrick M. Byrne More Quotes From Patrick M. Byrne You're going to start seeing open-source, self-executing contracts gradually improve over time. What the Internet did to publishing, blockchain will do to about 160 different industries. It's crazy. Patrick M. Byrne you internet crazy time I'm not wed to bitcoin's blockchain. I'm blockchain-agnostic. Patrick M. Byrne wed blockchain bitcoin Cryptocurrencies in general give us a stable medium through which we can communicate our information about values and prices in a way that no government mandarin can distort or usurp. For the predators who have used our central institutions to predate on the rest of humanity, it's a very bad development. Patrick M. Byrne rest government humanity way If we get to a world of digital securities, then there isn't a need for DTC and Cede & Co. anymore. It's a really huge step in returning to clean capital markets. Patrick M. Byrne step need digital world On the blockchain, you have a public ledger, which is the form of ownership. That means you are not doing net settlement - just netting everything down, which means that everything has been turned into fungible numbers. Patrick M. Byrne down doing you numbers
