Bitcoin is a technological tour de force

The only definition by which Americas best days are behind it is on a purely relative basis.

I think the thing we see is that as people are using video games more, they tend to watch passive TV a bit less. And so using the PC for the Internet, playing video games, is starting to cut into the rather unbelievable amount of time people spend watching TV.

Capitalism has shortfalls. It doesn't necessarily take care of the poor, and it underfunds innovation, so we have to offset that.

Now, if you're rich, you can spend a lot of money, Netherlands-style, and reduce that. But Bangladesh or parts of India, like Calcutta, they just simply won't be able to afford that kind of protection.

Success is a lousy teacher. It makes you think you know what you're doing.

The most meaningful way to differentiate your company from your competition, is to do an outstanding job with information.