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People think about Bitcoin incorrectly. They think about it as currency or about gold or hoarding, speculation, about how much money do you make. When really, what it is is an API for programmable cash transactions.
— Naval Ravikant
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Naval Ravikant
business executive, entrepreneur
1974
Naval Ravikant is an Indian-born American entrepreneur and investor. He is the co-founder, chairman and former Chief Executive Officer (CEO) of AngelList. He has invested early-stage in Uber, FourSquare, Twitter, Postmates, SnapLogic, and Yammer.
All Quotes by Naval Ravikant
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We're going to try and prove to the market that you can do a legal coin offering. If the SEC doesn't crack down, this party will be amazing - the biggest party in town for a long time. If they do crack down, a lot of people are going to feel a lot of pain.
— Naval Ravikant
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Within my social circle, there is a large group of people who will take bitcoin as legal tender; like, you can go to them and settle debts in Bitcoin, and they will happily take it.
— Naval Ravikant
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Think of Bitcoin as a bank account in the cloud, and it's completely decentralized: not the Swiss government, not the American government. It's all the participants in the network enforcing.
— Naval Ravikant