Brock Pierce

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

No one will use the new Internet if it's slow, costs money and doesn't scale. ”

I built a supply chain of 400,000 people in China to play games professionally to mine digital currency. ”

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. ”

AngelList Syndicates are perfectly aligned with Bitcoin's ideology. They democratize the system so everyone has access to high value dealflow; it's the power of the people. ”

The VC industry has benefited greatly from technology and the Internet, so I see how the VC industry is going to get disintermediated, decentralized, disrupted, so I can sit around and wait for someone to disrupt ourselves, or we can choose to disrupt or cannibalize ourselves. ”

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? ”

Entrepreneurism is simply taking nothing, applying talent, brains, financial creativity and hustle, and turning that into something. ”

It is possible that Bitcoin will fork at some point. The question is whether or not it'll be a contentious fork. This process is a good thing in the long term, though potentially disruptive in the short term. ”

I have a lot of people who want to work for me. ”