Bitcoin Billionaires: A True Story of Genius, Betrayal and Redemption
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you don’t get really rich by being a gambler. “You get really rich,” he continued, with a Brooklyn car salesman’s grin, “by being the house.”
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“Byzantine Generals’ problem” in computer science circles and was a problem that was thought to be unsolvable: How do you create consensus in a completely decentralized system?
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“Gravity doesn’t work because you believe in Isaac Newton.”
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Life is a storm. You will bask in the sunlight one moment, be shattered on the rocks the next. What makes you a man is what you do when that storm comes. –ALEXANDRE DUMAS, The Count of Monte Cristo
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They had lost a fight—which only meant, to them, that they needed to fight smarter. When you lost a race in crew, you didn’t react by trying to sink all the boats. You found a way to row harder.
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“The only good thing about cash is that you don’t have to worry about cleaning it up after you toss it in the air. Nobody’s ever been arrested for littering twenties.”
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“But there is something you need to consider,” Tyler paused, his voice lower, “the people who start companies aren’t always the best people to run them.”
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The more people that bought in, the more valuable it became—Metcalfe’s law,
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it wasn’t the event that was the defining moment, it was how you handled the aftermath.
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It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, ...more