You want to be the last company in a category. Those are the ones that are really valuable.

In the U.S., we fundamentally need to do new things, which I think is harder for the government to do. And moreover, it is not something our government actually is inclined to particularly do.

Today's 'best practices' lead to dead ends; the best paths are new and untried.

I do tend to think that things that have incredibly long time horizons often do involve market failures.

I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world.

Monopoly is the condition of every successful business.

There's been a lot companies that have shown "zero to one" kind of growth in the computer, internet software age. Facebook and Google are zero to one companies. Apple's iPhone was the first smartphone that really works, and of course, then you scale it horizontally, but the vertical component was really critical. Space X would also be one.