The Internet is programmable information. The blockchain is programmable scarcity.

Bitcoin is a way to have programmable scarcity. The blockchain is the data structure that records the transfer of scarce objects.

If you deal with information, you need the Internet. If you deal with money, you need to deal with blockchains.

Many great founders have one or more big failures on their track record. What makes them great is that they eventually succeed despite that.

Virtually every major technology has an initial spike of interest, then a dip, and then a long-term rise to success. The dot-com bubble is the canonical example, but there are many more.

Anything scarce will ultimately be tokenized because the benefits of digitization and increased liquidity are so great.