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I think it offers possibilities that no other currency allows. Bitcoin is merely the first mainstream manifestation of its potential. How can you have a purely digital currency? Starting a new currency is easy, anyone can do it. In the end, currency will be better for it. And the answer is very easy. Because it is useful and scarce. Probably not.
But are we having a lot of fun, helping great causes and spreading the digital currency word in the process? Yes we are. And perhaps if we pool our Dogecoin together we can build a Dogeyacht and sail the world, just saying…! Money is a collective agreement. If enough people come to the same agreement, what they agree upon becomes secondary, whether it be farm animals, gold, diamonds, paper, or simply a code. History proves all these cases to be true. Who knows what the future is going suggest to us as money, once we see digital currencies as ordinary?
The compliment towards Bitcoin got more people interested in the future potential of cryptocurrencies. Richard Branson is an English-born entrepreneur, investor, and philanthropist. He is the founder of the Virgin group, an organization that now controls more than companies worldwide.
He is currently pursuing the acquisition of BitPay, a Bitcoin-startup based in Atlanta. The quote mentioned above comes from an interview he gave to Bloomberg in While not so certain about the future of the most popular cryptocurrency, he made sure to praise the technology behind it during his speech at the Computer History Museum.
He has stated that Bitcoin is what Paypal attempted to create but still finds the cryptocurrency to be difficult to use. He believes that, for mainstream adoption to come, the payment system should become easier to use than its current form. Wikileaks and Bitcoin go way back. In fact, Wikileaks may never have become as big as it is today without the help of Bitcoin.
During its rise to fame, major banks and credit card companies blocked all payments to Wikileaks, which made it difficult for the organization to survive. Thankfully, the organization started accepting Bitcoin donations and managed to pull through. Julian Assange is the founder of Wikileaks and one of the early-day cypherpunks. Here is a longer list with the most interesting quotes we were able to discover. Hal Finney is one of the most popular Bitcoin believers.
He was mining Bitcoin since the early days and many suspect that he might even have been Satoshi Nakamoto himself. Satoshi Nakamoto is the person s that created Bitcoin. We only know Satoshi by their screen name and there is no further information on their identity. Here are some of their famous quotes. Andreas Antonopoulos is one of the most popular Bitcoin educators in the industry.
His teachings have been shared with users all over the world and have played a significant role in mainstream adoption. These people seem to have taken a position against the world of crypto and make sure everyone knows about it. Based on the above, we can see that Bitcoin has left its footprint in the financial world.
More and more people adopt it, praise it and invest in it. All indications seem to point towards a positive road ahead. Will cryptocurrencies come out of this turbulent period as a winner? We are pretty certain they will. Keep these cryptocurrency quotes in mind and use them as a guide for your future decisions in the market. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Best Cryptocurrency Quotes Here is our list with the 70 best cryptocurrency quotes we discovered on the web.
I see Bitcoin as ultimately becoming a reserve currency for banks, playing much the same role as gold did in the early days of banking. Banks could issue digital cash with greater anonymity and lighter weight, more efficient transactions. Any time a country transitioned to a fiat currency, they collapsed.
Whenever the price of cryptocurrency is rallying, people start spending a lot more. We are seeing more managed money and, to an extent, institutional money entering the [crypto] space. Anecdotally speaking, I know of many people who are working at hedge funds or other investment managers who are trading cryptocurrency personally, the question is, when do people start doing it with their firms and funds?
I am very excited about the prospect of using cryptocurrency, not just as a money equivalent, but using it as a way to earn something as a result of doing some type of work. What value does cryptocurrency add? Bitcoin is here to stay. There would be a hacker uproar to anyone who attempted to take credit for the patent of cryptocurrency. I am very intrigued by Bitcoin. It has all the signs. Paradigm shift, hackers love it, yet it is described as a toy. Just like microcomputers.
Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential. As the value goes up, heads start to swivel and skeptics begin to soften. Starting a new currency is easy, anyone can do it. Bitcoin will do to banks what email did to the postal industry — Rick Falkvinge From all cryptocurrency quotes, this one is our absolute favorite.
Bitcoin is a technological tour de force. Well, I think it is working. There may be other currencies like it that may be even better. It is volatile, but people make money off of volatility too. PayPal had these goals of creating a new currency. We failed at that, and we just created a new payment system. I think Bitcoin has succeeded on the level of a new currency, but the payment system is somewhat lacking.
Bitcoin actually has the balance and incentives center, and that is why it is starting to take off. Other Cryptocurrency Quotes Here is a longer list with the most interesting quotes we were able to discover. Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. Bitcoin, and the ideas behind it, will be a disrupter to the traditional notions of currency.
In the end, currency will be better for it. Right now Bitcoin feels like the Internet before the browser. I think over the next decade it will grow to become one of the most important ways to pay for things and transfer assets. The Federal Reserve simply does not have authority to supervise or regulate Bitcoin in any way.
Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly. Cryptographical solutions might with great propriety be introduced into academies as the means of giving tone to the most important of the powers of the mind. I understand the political ramifications of [bitcoin] and I think that the government should stay out of them and they should be perfectly legal. I think the fact that within the bitcoin universe an algorithm replaces the functions of [the government] is actually pretty cool.
I am a big fan of Bitcoin. Cryptocurrency is such a powerful concept that it can almost overturn governments — Charles Lee, Creator of Litecoin The reason we are all here is that the current financial system is outdated. There are 3 eras of currency: Commodity based, politically based, and now, math-based.
At their core, cryptocurrencies are built around the principle of a universal, inviolable ledger, one that is made fully public and is constantly being verified by these high-powered computers, each essentially acting independently of the others. I love seeing new services constantly starting to accept Bitcoin.
Bitcoin is Money Over Internet Protocol. If Satoshi had released Bitcoin 10 yrs. One must acknowledge with cryptography no amount of violence will ever solve a math problem. At its core, bitcoin is a smart currency, designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions… all good things — Peter Diamandis When I first heard about Bitcoin, I thought it was impossible.
How can you have a purely digital currency? The governments of the world have spent hundreds and hundreds of trillions of dollars bailing out a decaying, dickensian, outmoded system called banking when the solution to the future of finance is peer-to-peer. We have elected to put our money and faith in a mathematical framework that is free of politics and human error. Hey, obviously this is a very interesting time to be in Bitcoin center now, but if you guys want to argue over whether this is reality or not, one Bitcoin will feed over 40 homeless people in Pensacola center now.
Bitcoin is absolutely the Wild West of finance, and thank goodness. It represents a whole legion of adventurers and entrepreneurs, of risk takers, inventors. “I really like Bitcoin. I own Bitcoins. It's a store of value, a distributed ledger. It's also a good investment vehicle if you have an. “The very principles of economics suggest that scarcity, validity, and demand can transform anything, even a stone, into a Store-of-Value (SoV). Such an event.