What happened at Mt. Gox is not an isolated incident. This is a plague that continues to play like a bad broken record. As long as this continues to happen, how are we ever going to instill confidence in this industry? How are we better than the old financial system?

Brock Pierce

Categorized in : Better Long Broken Confidence

If you take the MY out of money, you're left with ONE.

out you left money

I call the blockchain 'the Internet of value' and 'the Internet of trust.' Because everything becomes trustless. It's a big distributed ledger. Think of it like an Excel file that's being maintained and updated and managed by millions of computers around the world.

computers internet trust world

The Internet wasn't useful until some basic infrastructure was built.

some useful infrastructure internet

I'm pretty much working 24 hours a day, seven days a week.

days pretty day week

I believe everyone is capable of just about anything if you commit yourself to it.

everyone yourself you believe

The bitcoin/blockchain protocol has never been compromised. Businesses building applications on top of it run the risk of making mistakes.

mistakes never run building

The blockchain is going to change everything more than the Internet has.

blockchain everything internet change

Blockchain Capital has a global investment mandate so it is very possible that we make an investment in India at some point.

possible some investment india

Historically venture capital funds have only allowed elite investors in.

elite only venture-capital venture

Before Blockchain Capital, I was cranking out startups like an incubator.

blockchain out before like

Blockchain Capital was the first dedicated venture fund to invest in crypto and blockchain.

blockchain capital first venture

A billionaire is someone who can positively impact a billion lives.

someone who billionaire impact

I care about how many people's lives I've positively impacted. That's the unit of measurement I measure myself by.

measure myself care people

When the Internet first launched, you had all these newspapers saying that the Internet was only used by bad people, to do bad things and what was the point of it. But the Internet changed everything, just like Bitcoin will.

you bad-people internet people

I am really surprised bitcoin isn't more popular in India, given the strong gold culture here. I call it Gold 2.0. It has all the attributes other than the fact that it isn't tangible, and tangibility is less important in the digital age.

i-am gold age culture

Most people heard about Bitcoin for the first time in the context of the Mt. Gox collapse. It is our Lehman Brothers.

bitcoin first-time time people

The real problem with Puerto Rico is that it keeps losing its best and brightest. It keeps losing its leaders and its future leaders due to a lack of opportunity.

best future losing opportunity

A unicorn is a community that's positively impacted the lives of a billion people.

lives billion community people

I'm here on this planet to live in service to humanity.

here live service humanity

The only way to fix Puerto Rico is with brain game, to bring the intellectual and human capital there - in a way that it's done with the right intention.

game done brain way