Peer-to-Peer Network Quotes

With tough interpretation of taxi and zoning regulations, neither Uber nor Airbnb would have gotten started. By the time many cities recognized their existence, both were fairly large and had the political support of their customers.

Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world’s largest accommodation provider, owns no real estate.

A P2P business is a company that creates a platform which allows individuals or 'peers' to directly buy and sell from each other. This activity has sometimes been called the 'sharing economy.' Some are wary of these new companies and the challenge they pose to the established market.

We started Airbnb because, like many across the U.S. and in New York, we were struggling to pay our rent and decided to open up our living room to fellow artists coming to town for a design conference. Sharing our apartment allowed us to stay in our home and start our company.

I was never a Lime Wire guy because it's too much hassle to find the song.

I follow Rick Falkvinge, who founded the Swedish Pirate party and was one of the very early adopters of Bitcoin.

If you look at the trends, China very well could be the driver of the adoption of block chain consumer services.

Napster was predicating its business model on violation of copyright.

The blockchain is to money what SMTP is to email. It's an open way to move value around. Every existing player in this space - not just Venmo but also Google and Facebook and others - are all closed; they all want to work just within their own walled garden.

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

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.

When the Bitcoin white paper emerged in 2008, it was completely revolutionary. The amount of concepts that had to come together in just the right way - computer science, cryptography, and economic incentives - was astonishing.

I'm not a big fan of file sharing. I mean, I've done it quite a lot for other people, where they send me the file, I do it and send them back. You don't get any back-and-forth and exchange and feedback when you do it that way.

The P2P marketplace extends into other markets where individuals are monetizing underutilized assets. Lodging is one example. Instead of finding a hotel room, in the sharing economy you can rent a spare room from a local resident.

Bitcoin and other cryptocurrencies are a form of money that's a stable field that the government can't destroy and can't distort. Because its creation is governed by the laws of mathematics. It can't happen any faster or slower than a certain rate, and it all sort of self-adjusts.

Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly.

If Ripple as a company went away, XRP would continue to trade. To me, that's the definition of decentralization.

Blockchain is an innovative technology with the power to change society and is gaining the world's attention as a technology to enhance the competitiveness of the urban economy.

This is where the block chain is most useful and revolutionary: It helps us to overcome the problem of mutual trust in exchange, which will, in turn, make many of our modern central institutions unnecessary.

The main difference to me with Lyft is the sense of community and social experience. The pink mustache, fist bump and strict screening have fostered a strong sense of community with many stories of new friends, discovered jobs, and even some Lyft hugs after a tough break up.

Blockchain is really exciting technology because it's actually providing both transparency but also agility in a contractual relationship that any organization should have.

The revolution of blockchain is not going to happen from outside the system; it's going to happen from within the system.

I'm most excited about all of the non-currency uses of the block chain's ledger-ordering ability. I have no idea which ones will turn out to be successful, but I'm glad all of that experimenting is happening.

I have a very difficult time getting the Napster world.

I do think that overall blockchains are likely to be a much more powerful force for good than evil.