You want to favor systems that benefit from error, disorder, variability and things like that. You want to favor these systems and unfortunately, when - there's something I call the Soviet Illusion. The more the government becomes intrusive, the more things have to follow a script, and it can't handle this kind of system.

I lift heavy weights and sprint, but I am so bad at it that I develop severe injuries.

You want failures to be small and informational. Silicon Valley does very well. It knows how to use failure as a tool for improvement.

When you beat up someone physically, you get excercise and stress relief; when you assault him verbally on the Internet, you just harm yourself.

I hated school because I liked to daydream and the system tried to stop me from that.

Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.

Being an entrepreneur is an existential, not just a financial thing.