Fred Ehrsam Quotes

Yeah, I love Ethereum. I love coding.

The bigger thing with bitcoin is not bitcoin itself, but what does that decentralized technology really do?

I love this stuff - bitcoin, ethereum, blockchain technology - and what the future holds.

When asked to explain this space, I often ask people to forget pretty much everything you've heard about blockchains, crypto-currencies, and bitcoin, and instead dumb it down a lot and think about something no more complex or intimidating than good old-fashioned database technology.

When I came up with Ethereum, my first first thought was, 'Okay, this thing is too good to be true.' As it turned out, the core Ethereum idea was good - fundamentally, completely sound.

Ether is the token of the Ethereum network, which is focused on disrupting contract law.

When we look at government in Washington or what's happening on Wall Street, we see so much centralization. But really, our goals should be to eliminate and overcome these central institutions. And in recent years we have gained powerful new tools to do this, and most significant among those is the block chain, which is the software behind Bitcoin.

Initially, I thought that Ethereum was a thing that would be used for people to write simple financial scripts. As it turns out, people are writing stuff like Augur on top of it.

Bitcoin is a technological tour de force

A lot of what I see in blockchain promises to get us as an industry from A to Z. As an investor and entrepreneur, I am constantly on the lookout for how we get from A to B.

Distributed ledger technology is fashionable. In fact, if you could wear it, you'd put Ralph Lauren out of business, at least in my case.

For the first time in 6,000 years of human history, we can have peer-to-peer exchange where trust is not a problem anymore. And it's through the technology that underlies bitcoin. It's called the block chain.

Make no mistake - Ethereum would never have existed without Bitcoin as a forerunner. That said, I think Ethereum is ahead of Bitcoin in many ways and represents the bleeding edge of digital currency.

The technical side of Ethereum's efficacy is 100% an engineering exercise.

Everyone, it's okay to say the word 'bitcoin' and acknowledge that it is the actual platform that is driving this innovation that we're all building on. It's also okay to say 'the bitcoin blockchain,' or 'the blockchain,' if you're afraid that people will think you're weird.

Sales conducted on-chain through smart contracts couldn't really be done before Ethereum, which is why they are a newer concept. I think this style will become the most common over time.

I think the whole narrative of blockchain without bitcoin will amount to very little.

Before I went to prison, there were not really many blockchain products. It was only bitcoin.

You can write anything that you would be able to write on a server and put it onto the blockchain. Instead of Javascript making calls to the server, you would be making calls to the blockchain.

Facebook is like the Internet: a large company and an application. Bitcoin is a protocol for decentralisation, so you could build a decentralised company on top of it, a stock market. It's an Internet of ownership, so it's not quite a direct comparison.

t0 is blockchain-agnostic so, ultimately, we can use anybody's blockchain.

There is nothing that Bitcoin can do which Ethereum can't. While Ethereum is less battle-tested, it is moving faster, has better leadership, and has more developer mindshare.

For the foreseeable future, I'm all about building blockchain-based decentralized services.

The Internet of Money, bitcoin, is releasing 50 yrs. of pent up innovation in finance, because it offers innovation without permission.

Bitcoin is a currency, bitcoin is a network, bitcoin is a technology and you can't separate these things. A consensus network that bases its value on the currency does not work without the currency.