25 Cryptocurrency Quotes

25 Cryptocurrency Quotes

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1. “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.”

 

2. “The Federal Reserve simply does not have authority to supervise or regulate Bitcoin in any way.”

 

3. “The reason we are all here is that the current financial system is outdated.”

 

4. “Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments.”

 

5. “Bitcoin is here to stay. There would be a hacker uproar to anyone who attempted to take credit for the patent of cryptocurrency. And I wouldn’t want to be on the receiving end of hacker fury.”


6. “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.”

 

7. “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.”

 

8. “Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential.”

 

9. “Any time a country transitioned to a fiat currency, they collapsed. That’s just world history; you don’t have to know about cryptocurrency to know that.”

 

10. “If the cryptocurrency market overall or a digital asset is solving a problem, it’s going to drive some value.”


11. “As the value goes up, heads start to swivel and skeptics begin to soften. Starting a new currency is easy, anyone can do it. The trick is getting people to accept it because it is their use that gives the “money” value.”

 

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

 

13. “What value does cryptocurrency add? No one’s been able to answer that question to me.”

 

14. “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?”

 

15. “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.”


16. “If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.”

 

17. “There are 3 eras of currency: Commodity based, politically based, and now, math-based.”

 

18. “At their core, crypto currencies 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.”

 

19. “If Satoshi had released Bitcoin 10 yrs. earlier, 9/11 would never have happened”

 

20. “Crypto graphical 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.”


21. “I understand the political ramifications of [bitcoin] and I think that the government should stay out of them and they should be perfectly legal.”

 

22. “Bitcoin will do to banks what email did to the postal industry.”

 

23. “Whenever the price of cryptocurrency is rallying, people start spending a lot more.”

 

24. “Well, I think it is working. There may be other currencies like it that may be even better. But in the meantime, there’s a big industry around Bitcoin.  People have made fortunes off Bitcoin, some have lost money. It is volatile, but people make money off of volatility too.”

 

25. “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. It’s very hard to use, and that’s the big challenge on the Bitcoin side.”


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