Top 7 Michael J. Casey Quotes (2024 Update)

Michael J. Casey Quote: “The best way to think about blockchain technology, then, is not as a replacement of trust – as a “trustless” solution, as some cryptocurrency fanatics damagingly describe it – but as a tool upon which society can create the common stories it needs to sow even greater trust, to build social capital, and to forge a better world.”

1. “The best way to think about blockchain technology, then, is not as a replacement of trust – as a “trustless” solution, as some cryptocurrency fanatics damagingly describe it – but as a tool upon which society can create the common stories it needs to sow even greater trust, to build social capital, and to forge a better world.”

— Michael J. Casey

Michael J. Casey Quote: “The result is something unique: a group of otherwise independent actors, each acting in pure self-interest, coming together to produce something for the good of all – an immutable record that everyone can trust and that’s not managed by a single, centralized intermediary.”

2. “The result is something unique: a group of otherwise independent actors, each acting in pure self-interest, coming together to produce something for the good of all – an immutable record that everyone can trust and that’s not managed by a single, centralized intermediary.”

— Michael J. Casey

Michael J. Casey Quote: “Their model showed that if we can resolve our trust issues with technology and give people confidence to transact, those people are willing and able to go into direct exchanges with complete strangers. These ideas are setting us on a path to a peer-to-peer economy.”

3. “Their model showed that if we can resolve our trust issues with technology and give people confidence to transact, those people are willing and able to go into direct exchanges with complete strangers. These ideas are setting us on a path to a peer-to-peer economy.”

— Michael J. Casey

Michael J. Casey Quote: “The broad idea is that by deferring the management of trust to a decentralized network guided by a common protocol instead of relying upon a trusted intermediary, and by introducing new, digital forms of money, tokens, and assets, we can change the very nature of social organization.”

4. “The broad idea is that by deferring the management of trust to a decentralized network guided by a common protocol instead of relying upon a trusted intermediary, and by introducing new, digital forms of money, tokens, and assets, we can change the very nature of social organization.”

— Michael J. Casey

Michael J. Casey Quote: “Blockchains point the entire digital economy toward something people are calling the Internet of Value. Whereas the first version of the Internet allowed people to send information directly to each other, in the Internet of Value people can send anything of value to each other, be it currencies, assets, or valuable data that was previously too sensitive to transmit online.”

5. “Blockchains point the entire digital economy toward something people are calling the Internet of Value. Whereas the first version of the Internet allowed people to send information directly to each other, in the Internet of Value people can send anything of value to each other, be it currencies, assets, or valuable data that was previously too sensitive to transmit online.”

— Michael J. Casey

Michael J. Casey Quote: “In the modern economy, to control information is to control the world. This is seen in the ever-growing influence of tech behemoths like Google and Facebook, constantly accumulating data that’s pertinent to who we are and how we interact with each other. In this twenty-first-century economy, power is defined by whoever has authority to collect, store, and share data.”

6. “In the modern economy, to control information is to control the world. This is seen in the ever-growing influence of tech behemoths like Google and Facebook, constantly accumulating data that’s pertinent to who we are and how we interact with each other. In this twenty-first-century economy, power is defined by whoever has authority to collect, store, and share data.”

— Michael J. Casey

Michael J. Casey Quote: “Trust – particularly trust in our institutions – is a vital social resource, the true lubricant of all human interaction.”

7. “Trust – particularly trust in our institutions – is a vital social resource, the true lubricant of all human interaction.”

— Michael J. Casey

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