In simple terms, the statement suggests that Bitcoin could become a fundamental part of the internet's infrastructure, much like how electricity or data transmission protocols are essential today. It implies that even if humans do not actively engage with Bitcoin, it will still play a crucial role in various digital systems and technologies.
The deeper meaning of this quote lies in its vision for the future where blockchain technology underpinning cryptocurrencies such as Bitcoin becomes ubiquitous across internet operations. By saying that "routers will use it" or "web servers will use it," Naval Ravikant is proposing an era where Bitcoin, or similar digital currencies, serve as a standard means of value exchange within machines and networks independently of human intervention. This could mean automated transactions between devices, smart contracts executed without human input, or even microtransactions for services rendered on the internet. It paints a picture of a decentralized, self-regulating economic system embedded in technology.
Naval Ravikant is an entrepreneur and investor known for his insightful commentary on technology, finance, and startups. He has been involved with several high-profile ventures including AngelList, a platform that connects investors to startup founders. His perspectives are often sought after due to his experience navigating the worlds of both business innovation and digital currencies like Bitcoin.
