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Michael Nesmith

There is a certain logic to events that pushes you along a certain path. You go along the path that feels the most true, and most according to the principles that are guiding you, and that's the way the decisions are made.

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There's a certain logic to systems, and that logic is fairly self-evident. It's very straightforward, usually. It might take a little research, it might take a little bit of industry to prize it out, but it's there to be seen.

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It's clear that people are going to download media files, and they're going to talk to each other, and they're going to exchange information and knowledge and so forth. So this system logic is basically what you bounce off of.

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Wealth, in terms of dollars and so forth, could be counted up, because dollars were finite. It doesn't make any difference how many dollars you have-at a certain point you only have dollars. You start with finite, you end with finite.

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People recognize intellectual property the same way they recognize real estate. People understand what property is. But it's a new kind of property, and so the understanding uses new control surfaces. It uses a new way of defining the property.

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The only people who steal are thieves, and that's a very small percentage of civilization. Most people want to have some way to make the economic transaction valid. They want to return the favor, if you will... return the benefit and reciprocate.

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I haven't been out in the marketplace in a while. I'm thinking about going back into it. I've got some things set up over the next couple of months just to go and see. But I have no idea what the specific way to a solution is anymore. It's mysterious to me.

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Once the smoke of the market crash clears off, you know, the Internet will pick back up and go. Take a look at what's happening to some of the big companies like eBay and Yahoo, the publicly traded stocks. You know, they're all coming back up off the mat now.

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There's this notion that allows people to create their own collection of songs, so it rewrites what a song is. They may only want 10 seconds of something, or they may only want this particular song, or they want this group of songs. It becomes much more user-controlled.

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