Best Quotes on The BlockChain EVER!!!

[Tuck Fheman]

The image from Blythe Masters' article is good too ...

http://assets.bwbx.io/images/irGVsRUI8ODQ/v1/-1x-1.jpg



"We’re seeing the database world evolve into the same permissions and structures and designs as the programming world. We’ve got classes with methods on it and the data is kept private. That’s all a blockchain is and what this leads me to conclude is that in the future all web applications are going to be following a blockchain structure." - Dan Larimer


The blockchain is a decentralized system, with no single entity controlling it. The servers keeping its backbone upright are scattered across the globe, and for that reason the technology is transparent; everyone can see its anonymized data. It could also replace notaries, as every transaction is time stamped automatically and receives a unique ID. No exchange rates apply either, because cryptocurrencies are oblivious to borders. And because there are no intermediaries involved, monies are transferred instantly. -  Gideon Gottfried


"The blockchain as platform and ecosystem" - Manuel Lains & Christian Lains


Blockchain technology is a big fancy word that describes the act of recording events in a database. The database itself is referred to as the blockchain. Once data is added to the blockchain, it cannot be removed from the database or altered in any way. The blockchain therefore contains a verifiable record of history. - Will Long


A simple guide to teh blockchain ... (not a quote, but an entire ELI5 article!) http://www.wired.co.uk/news/archive/2015-07/01/simple-guide-to-the-blockchain

[mint chocolate chip]

If at first you don't succeed, try try again...

"This kind of divide is evident in my day to day interactions. I can have a meaningful conversation with those who really do know what is happening and how crypto-blockchain computing is going to change the landscape almost overnight. For those that haven’t had this realization, it is a long road to deprogramming their old ways of thinking. They are still in the Matrix."

- Jonathan Baha'i, President at Data Security Node Inc.

URL Reference: https://www.linkedin.com/pulse/bitshares-20-blockchain-could-have-prevented-ashley-madison-baha-i

[BunkerChainLabs-DataSecurityNode]

We should think about the blockchain as another class of thing like the Internet — a comprehensive information technology with tiered technical levels and multiple classes of applications for any form of asset registry, inventory, and exchange, including every area of finance, economics, and money; hard assets (physical property, homes, cars); and intangible assets (votes, ideas, reputation, intention, health data, information, etc.). But the blockchain concept is even more; it is a new organizing paradigm for the discovery, valuation, and transfer of all quanta (discrete units) of anything, and potentially for the coordination of all human activity at a much larger scale than has been possible before.

Blockchain
Blueprint for a New Economy
Melanie Swan

BTW, great book who brings a long term view on 1.0, 2.0 and 3.0 blockchain technology use cases and developments.

Book reference.. well done! BROWNIES IN YOUR WALLET!

[BunkerChainLabs-DataSecurityNode]

"I think the Internet is going to be one of the major forces for reducing the role of government. The one thing that's missing, but that will soon be developed, is a reliable e-cash." (1999)

-Milton Friedman, winner of the Nobel Prize in Economics

URL Reference: http://www.outsiderclub.com/ron-paul-bitcoin-destroyer-of-the-dollar/677

Almost but not quite.

The quotes have to be about blockchain technology.. not e-currencies. Those are two separate things... sooooo

[BunkerChainLabs-DataSecurityNode]

“Digital currencies have immense potential to improve human welfare by strengthening the capacity of governments to deliver more responsive services and secure the rights of their citizens to property, identity and increase financial inclusion…And because it is an open-source protocol for innovation, a wide range of services and products can be built by entrepreneurs and non-profits on top of it.”

Brian Forde, former Senior Advisor at the White House Office of Science and Technology Policy

http://www.forbes.com/sites/gregoryferenstein/2015/07/29/former-obama-tech-advisor-explains-how-bitcoin-could-transform-government-in-5-quotes/

Government is taboo around here, but I think this quote is OK.

Check your wallet.. YOU GOT BROWNIES!

WHO ELSE WANTS SOME BROWNIES?! Post your Blockchain quotes NOW!

[EstefanTT]

We should think about the blockchain as another class of thing like the Internet — a comprehensive information technology with tiered technical levels and multiple classes of applications for any form of asset registry, inventory, and exchange, including every area of finance, economics, and money; hard assets (physical property, homes, cars); and intangible assets (votes, ideas, reputation, intention, health data, information, etc.). But the blockchain concept is even more; it is a new organizing paradigm for the discovery, valuation, and transfer of all quanta (discrete units) of anything, and potentially for the coordination of all human activity at a much larger scale than has been possible before.

Blockchain
Blueprint for a New Economy
Melanie Swan

BTW, great book who brings a long term view on 1.0, 2.0 and 3.0 blockchain technology use cases and developments.

[mint chocolate chip]

"I think the Internet is going to be one of the major forces for reducing the role of government. The one thing that's missing, but that will soon be developed, is a reliable e-cash." (1999)

-Milton Friedman, winner of the Nobel Prize in Economics

URL Reference: http://www.outsiderclub.com/ron-paul-bitcoin-destroyer-of-the-dollar/677

[phillyguy]

“Digital currencies have immense potential to improve human welfare by strengthening the capacity of governments to deliver more responsive services and secure the rights of their citizens to property, identity and increase financial inclusion…And because it is an open-source protocol for innovation, a wide range of services and products can be built by entrepreneurs and non-profits on top of it.”

Brian Forde, former Senior Advisor at the White House Office of Science and Technology Policy

http://www.forbes.com/sites/gregoryferenstein/2015/07/29/former-obama-tech-advisor-explains-how-bitcoin-could-transform-government-in-5-quotes/

Government is taboo around here, but I think this quote is OK.

[BunkerChainLabs-DataSecurityNode]

OMG I TOTALLY GET BLOCKCHAIN NOW! << This is the result we are seeking to achieve with the other 6.99999 billion people in the world.

Ok guys.. this is where we build a repo of the best quotes on blockchain technology so that we can better explain to others what it is.. and be able to reference current authorities in the industry who have described it and its implications.

Please follow the same format as mine.

You can reference the same article multiple times if it contains multiple good quotes.

Mine for example has several, so if you want to pull out more and share them here you can.. but to get started I am just pulling one:

----------
Quote:
“You have front-end systems trading at warp speed, and nanoseconds of competitive advantage are being extracted, and yet the back end of Wall Street hasn’t been fundamentally overhauled in decades,” Masters says in an interview at her offices in Manhattan’s Flatiron District. “Firms are dealing with greater requirements for reporting, transparency, and dissemination of data. Costs have gone up and revenues have gone down. This technology really gets to the core of all those issues.”

-- Blythe Masters, CEO of Digital Asset Holdings

URL Reference: http://www.bloomberg.com/news/features/2015-09-01/blythe-masters-tells-banks-the-blockchain-changes-everything
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Now it's your turn... lets make this this the most authoritative thread on what the blockchain is on the Internet!! GO!

PS: I AM GIVING OUT BROWNIE.PTS TO ALL CONTRIBUTORS OF THIS THREAD!!! So if you like BROWNIES (and who doesn't?!) submit your quote TODAY!