Douglas Rushkoff Quotes

If you want an alternative currency, check out gold. It has stood the test of thousands of years as a store of value and medium of exchange.

I like gold because it is a stabilizer; it is an insurance policy.

Money: power at its most liquid.

People would rather have art or gold instead of paper money.

A stockbroker urged me to buy a stock that would triple its value every year. I told him, 'At my age, I don't even buy green bananas.'

Fifty years ago wealth was stored and transmitted physically through gold bars, stock certificates, bank notes, and coins.

Money is the kind of instrument which is very speedily produced.

There's nothing as real as money.

The trade of banks is the buying and selling of interest and exchange.

In the aftermath of the oh-so-predictable crash, the Bitcoin fanatics have begun marshaling out excuse after excuse for why this non-investment investment lost so much of its value so fast. One was that hackers attacked some of the exchanges for Bitcoins and crippled it. Really? A hacker can wreck an entire market?

All money is a matter of belief.

Anyone who thinks there's safety in numbers hasn't looked at the stock market pages.

Money is a kind of poetry.

Bitcoin, in the short or even long term, may turn out be a good investment in the same way that anything that is rare can be considered valuable. Like baseball cards. Or a Picasso.

When you buy anything with lots of leverage, it does not require a whole lot to go wrong to lose it all.

When money gets too far away from actual, physical, real equity and property it gets too abstract and too distantly derived and then suddenly it's not worth anything anymore. And the same is true of language.

There is a lot of risk in the tech sector.

Money is more than a massively consensual IOU note. It is a piece of infrastructure and is as artificial as Interstate 5, NutraSweet or season three of 'Mad Men.'

I believe in the gold standard. I like solid lumps of things. You can always melt them down.

It has a sound and rational circulating medium, a real and definite representative of wealth.

Gold and silver afford the only safe foundation for a monetary system.

The most important quality of a currency is its stability.

Now, Gold and Silver contribute very little in their own nature to our Lives, for which all Earthly Things seem to have been created. Yet Men, as if they would make Nature asham'd of this, have agreed to make those Metals of equal vaue to all other things, to make 'em the Price and Measrue of all, and the Instruments of changing and exchanging whatever can be found good in this World.

It is not repeated large Emissions [printing] of a base Paper-Currency, but our Imports exceeding our Exports, that occasions Silver to be ship'd off in Ballance

Let us sell merchandise to the Spanish and obtain from them gold and silver.