The Internet of Money, Volume Three Quotes

“Every time you use crypto, you are exercising sovereign power that is diverting money from a corrupt and broken system of central banks, investment banks, and governments, into a system that is giving people hope.”
― Andreas Antonopoulos, The Internet of Money Volume Three: A collection of talks by Andreas M. Antonopoulos

“I can deliver the solution fast, cheap, or great. Pick two. I can do it fast and cheap, but it won’t be the best. I can do it cheap and it will be great, but it won’t be fast. I can do it fast and it will be great, but trust me, it won’t be cheap!" That is the essence of a trilemma we face every day in life.”
― Andreas Antonopoulos, The Internet of Money Volume Three: A collection of talks by Andreas M. Antonopoulos

“Our regulatory system is actively excluding people from finance. We have reached a point where access to basic financial services has become a privilege. The average person must do a dance to prove themselves worthy in front of a banker, filling in reams of paperwork and application forms, to be granted the privilege of financial services. We are even condemning cash: the ultimate peer-to-peer, anonymous, fungible mechanism that has provided basic financial services to everyone for millenia.”
― Andreas Antonopoulos, The Internet of Money Volume Three: A collection of talks by Andreas M. Antonopoulos

“What does it mean to be unbanked? The World Bank defines unbanked as 2.5 billion people who have absolutely no access to financial services… and live in cash-based societies. Conveniently, they only count heads of household. Spouses and children are unimportant in this calculation; only the primary earners matter. Yet we know that in the vast majority of the world, day-to-day household finances are controlled by women. But they are not counted as the head of household.”
― Andreas Antonopoulos, The Internet of Money Volume Three: A collection of talks by Andreas M. Antonopoulos

“What is money? At its very basic level, money isn’t value. In fact, we use money to get things of value (products or services), but there is no value in the paper bills or coins themselves. Money isn’t a construct of authority; although we seem to think that these days, because all of our money comes from certain authoritative sources. Some guy with a crown says "this is your money," therefore it’s valuable. That’s the authority it comes from.”
― Andreas Antonopoulos, The Internet of Money Volume Three: A collection of talks by Andreas M. Antonopoulos