Quotes by Jeremy Allaire - Page 1

We really think of Bitcoin as a global, interoperable payment network instead of a store of value.
Jeremy Allaire /
Bitcoin
Payment
Network
Store
Value
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If you look at the trends, China very well could be the driver of the adoption of block chain consumer services.
Jeremy Allaire /
Adoption
Block
China
Trends
Chain
Consumer
Driver
Services
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I believe that Bitcoin holds value as a form of 'good money' that is superior to any previously discovered or developed form of money.
Jeremy Allaire /
Good
Believe
Bitcoin
Form
Any
Good Money Believe
Good Money Value
Developed
Discovered
Holds
Superior
Value
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We're barely scratching the surface of how people experience and utilize p2p payments, despite it being a multi-millennium-old behavior.
Jeremy Allaire /
Despite
Surface
Barely
Payments
Scratching
Utilize
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Bitcoin can be programmed, metered, and exchanged by connected devices, enabling more efficient usage of our planet's resources and services.
Jeremy Allaire /
Bitcoin
Devices
Efficient
Enabling
Usage
Programmed
Services
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The Internet requires evolved forms of governance that we haven't figured out as a planet. I'd love to help make that easier and make that possible.
Jeremy Allaire /
Governance
Figured
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I think there's a need for services that will make it easier for Chinese consumers to spend globally. The Bitcoin network could be an attractive solution.
Jeremy Allaire /
Attractive
Bitcoin
Network
Solution
Services
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The idea of cross-border payments is going to completely go away... Our vision is for there to be no distinction between international and domestic payments.
Jeremy Allaire /
Distinction
Domestic
Go Away
Payments
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This is the thing that I think we're all learning from the Chinese: that this merging of messaging, media, and payments together really makes sense to people.
Jeremy Allaire /
Merging
Messaging
Payments
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Digital currency attempts to disrupt the financial industry, and it's potentially threatening to the existing financial services industry, but it doesn't have to be that way.
Jeremy Allaire /
Currency
Digital
Financial
Financial Services
Industry
Threatening
Attempts
Disrupt
Existing
Potentially
Services
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We don't think there is any money to be made in payments anymore. The entire business model of extracting a toll or having time delays around the movement of value is going away completely.
Jeremy Allaire /
Going Away
Movement
Delays
Time Business Money
Anymore
Business Model
Entire
Model
Payments
Toll
Value
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The big idea of, 'Hey, I can pay anyone, anywhere, with whatever digital wallet they have, and it just flows around the Internet' - that's on the horizon; that's how we built everything we do.
Jeremy Allaire /
Digital
Hey
Horizon
Internet
Anywhere
Big Idea
Flows
Wallet
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Social messaging has become the defining app of the smartphone era. Social payments has been a natural extension of this phenomenon - it's going to be the locus of most communications activity.
Jeremy Allaire /
Defining
Phenomenon
App
Communications
Extension
Messaging
Payments
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Pretty uniformly, people want the benefits of bitcoin and the blockchain - near-instant transfers, globally available on any Internet-connected device, highly secure, and nearly-free value transfers.
Jeremy Allaire /
Available
Benefits
Bitcoin
Secure
Blockchain
Device
Transfer
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The emergence of open Internet protocols for value exchange, today led by the global adoption of Bitcoin's blockchain, paves the way for value to move as freely as information and data move on the Internet today.
Jeremy Allaire /
Adoption
Bitcoin
Data
Emergence
Blockchain
Exchange
Freely
Global
Led
Move On
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New mobile-payment-based models are, in some ways, more secure. Because in a model like Circle's, for example, we never transmit your personal information or your financial credentials to the people you're paying.
Jeremy Allaire /
Credentials
Example
Financial
Information
Personal Information
Secure
Transmit
Circle
Your Information People
Model
For Example
Paying
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We'd love to see a world where Venmo added support on the blockchain, then a Circle customer could pay a Venmo customer using their QR code or their blockchain address - and go between those instantly and for free.
Jeremy Allaire /
Code
Added
Blockchain
Circle
Customer
Instantly
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The same way we can send and receive an email with anyone, anywhere, for free, or we can share a photo with anyone instantly for free, money will become these digital tokens, and we'll be able to do that with money.
Jeremy Allaire /
Digital
Email
Share
Anywhere
Photo
Instantly
Receive
Send
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Our view is that consumer finance - what people think of as retail finance - that arena is ripe for disruption. Bitcoin is absolutely a core platform and asset format that we are dependent on to build this business.
Jeremy Allaire /
Finance
Arena
Bitcoin
Core
Dependent
Disruption
Format
Retail
Ripe
Asset
Consumer
Platform
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By design, Bitcoin is a scarce resource with a predictable supply of new issuance. And it is this scarcity and predictable supply that make it so attractive as an underlying asset to bind to economic activity and trade.
Jeremy Allaire /
Design
Activity
Attractive
Bitcoin
Economic
Predictable
Scarce
Trade
Asset
Bind
Economic Activity
Resource
Supply
Underlying
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We use the block chain to share value, just like Internet protocol lets us share communication. Our goal is to build a global, international bank that is instant, global, and free. Sending payments should be as easy as sending an email.
Jeremy Allaire /
Communication
Block
Email
Instant
Protocol
Bank
Chain
Lets
Payments
Sending
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I want to help create the world's first global currency built on the Internet and built on open platforms and standards such as Bitcoin, and I want to build a financial services institution on top of that. That's what I'm doing with Circle.
Jeremy Allaire /
Bitcoin
Currency
Financial
Financial Services
Internet
Platforms
Standards
Build
Circle
Global
Institution
Services
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The blockchain is to money what SMTP is to email. It's an open way to move value around. Every existing player in this space - not just Venmo but also Google and Facebook and others - are all closed; they all want to work just within their own walled garden.
Jeremy Allaire /
Garden
Google
Blockchain
Closed
Existing
Facebook
Value
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With greater extensibility and programmability, bitcoin can evolve to enable transformations in how all forms of property are secured and exchanged, how voting and governance function, including spilling into the automation of commercial law, audit, and accounting.
Jeremy Allaire /
Accounting
Automation
Bitcoin
Evolve
Function
Governance
Greater
Including
Law
Property
Secured
Spilling
Voting
Audit
Forms
Commercial
Enable
Transformations
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Everyone, it's okay to say the word 'bitcoin' and acknowledge that it is the actual platform that is driving this innovation that we're all building on. It's also okay to say 'the bitcoin blockchain,' or 'the blockchain,' if you're afraid that people will think you're weird.
Jeremy Allaire /
Acknowledge
Bitcoin
Driving
Innovation
Okay
Weird
Actual
Afraid
Blockchain
Word
Platform
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Bitcoin may herald the dawning of a new age in currency. It holds superior traits as a form of 'good money.' As a tangible form of asset (its core tangibility being its mathematical basis), it could become an incredibly important building block for the 21st century's global economy.
Jeremy Allaire /
Age
Bitcoin
Block
Core
Currency
Economy
Form
Global Economy
Mathematical
New Age
Tangible
Traits
Asset
Basis
Building Block
Dawning
Global
Holds
Incredibly
Superior
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There's all these proofs that go on of identity, of records, and they're quite non-digital. The blockchain innovation really allows us to take everything where there's record keeping, everything where there's trust around record keeping, and it allows us to make that digital, immutable, permanent, and global.
Jeremy Allaire /
Digital
Identity
Innovation
Permanent
Records
Blockchain
Immutable
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The focus around Circle China is really cross-border payments. If I'm a parent in China and my son is studying at London Business School, I might want to send 500 RMB. I should be able to do that and have my child instantly receive it as pounds sterling, in the same way people do that with instant messages today.
Jeremy Allaire /
Business School
Instant
Messages
Parent
Sterling
Circle
Payments
Receive
Send
Studying
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