@elon should have an app where it scans the state registry of voters and only those people can have a debate. Failure to vote kicks you off the app until the next election and you vote again.
Jeff Bezos: “Thinking small is a self-fulfilling prophecy”
Bezos is asked where he gets the confidence to even attempt to build companies of such massive scale, like Amazon and Blue Origin.
He responds:
“I think it’s generally human nature to overestimate risk and underestimate opportunity. And so I think entrepreneurs in general would be well-advised to try and bias against that. The risks are probably not as big as you perceive, and the opportunities may be bigger than you perceive… You say it’s confidence, but maybe I’m just accepting that human bias and trying to compensate against it. The second thing I would point out is that thinking small is a self-fulfilling prophecy.”
Video source: @nytimesevents (2024)
15) It may take a while and a few tries. It took me 20 years. Do not give up.
In the end, when you look back at your journey, you will know it was all worth it.
10) To aspiring entrepreneurs, I have this to say:
Startups are hard.
You will fail over and over again.
Learn from your mistakes and do not repeat them.
Never compromise on your values, even when things get tough.
Act ethically, do the right thing and people will support you.
6)
1. Never borrow money or use financial leverage to drive growth.
2. Do not engage in business models where the more you sell the less cash you have.
3. Always be prepared for a financial crisis. It will affect you, sometimes in ways that are hard to predict.
Today at Princeton, CFTC Chair Rostin Behnam said that the only cryptocurrency that should be viewed as a commodity is #Bitcoin, walking back from previous remarks made in October when he suggested Ether may also be a commodity.
https://t.co/o5NrejDVaU
"Ethereum’s big software update on Thursday may have turned the second-largest cryptocurrency into a security in the eyes of a top U.S. regulator." - @WSJ
https://t.co/ROoGSs1s3W
We have rules in our capital markets to safeguard market integrity & protect against fraud & manipulation. If a company builds a crypto market that protects investors & meets the standard of our market regulations, people will more likely have greater confidence in that market.
#Bitcoin offers a sound ethical, technical, & economic foundation for the emerging digital asset economy and will be the primary beneficiary of the current wave of crypto regulation & rationalization.
https://t.co/r4mfFvjMVI
Satoshi #bitcoin engineering fact 🔧
Mining is not "solving math problems". It is guessing an immensely large number. You can not cheat it, beat it, or break it. The only option you have is to do the work and go through all of the possible guesses, one at a time