Quotes & Sayings About Bitcoin

In Spanish, we have a saying that when a genius points at the moon, a fool looks at the finger. I find that happens a lot with bitcoin. — Wences Casares

Bitcoin is designed around the idea of using cryptography to control the creation and transfer of money, rather than relying on central authorities." (anonymous, — Michael Caughey

Bitcoin might revolutionise more than money or economics. It could transform the role and nature of government — Leon Louw

Of our 49 billion, we haven't moved any to Bitcoin — Warren Buffett

Did I mention how good it feels to be a bitcoin millionaire? — Max Keiser

The bigger thing with bitcoin is not bitcoin itself, but what does that decentralized technology really do? — Ashton Kutcher

The Internet of Money, bitcoin, is releasing 50 yrs. of pent up innovation in finance, because it offers innovation without permission. — Andreas Antonopoulos

The bitcoin world is this new ecosystem where it doesn't cost that much to start a new bitcoin company, it doesn't cost much to start owning bitcoin either, and it is a much more efficient way of moving money around the world. — Timothy C. Draper

Bitcoin seems to be a very promising idea. I like the idea of basing security on the assumption that the CPU power of honest participants outweighs that of the attacker. It is a very modern notion that exploits the power of the long tail. — Hal Finney

A Forbes journalist referred to bitcoin as digital collectible. — Anonymous

The joke is that U2's new record only looked like a virus. Enjoy mining bitcoins for me losers. — Thom Yorke

So my view's quite clear. I believe Cryptocurrencies, bitcoin is the first example, i believe they're going to Change the world ... — Richard Brown

Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. — Nassim Nicholas Taleb

Every informed person needs to know about Bitcoin because it might be one of the world's most important developments. — Leon Louw

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

Bitcoin woke us all up to a new way to pay, and culturally, I think a much larger percentage of us have become accustomed to the idea that money no longer comes with the friction it once had. — John Battelle

In truth, the best Bitcoin can hope for is to be a second-rate version of gold, if that. — Andrew Ross Sorkin

There are almost 200 currencies of the world, but there's only one international currency. There are almost 200 currencies controlled by central banks and governments, but there is only one mathematical currency today, and that is bitcoin. We are going to build more of them. Cryptographic currencies are going to be a mainstay of our financial future. They are going to be a part of the future of this planet because they have been invented. It's as simple as that. You cannot un-invent this technology. You cannot turn this omelette back into eggs. — Andreas M. Antonopoulos

Bitcoin will do to banks what email did to the postal industry. — Rick Falkvinge

I'm a big fan of # Bitcoin — Al Gore

Bitcoin is a technological tour de force — Bill Gates

Right now Bitcoin feels like the Internet before the browser. — Wences Casares

Bitcoin is a remarkable cryptographic achievement and the ability to create something which is not duplicable in the digital world has enormous value — Eric Schmidt

Bitcoin is getting there but it's not there yet. When it gets there, expect governments to panic and society to be reshaped into something where governments cannot rely on taxing income nor wealth for running their operations. — Rick Falkvinge

Bitcoin, in the short or even long term, may turn out be a good investment in the same way that anything that is rare can be considered valuable. Like baseball cards. Or a Picasso. — Andrew Ross Sorkin

BitCoin is actually an exploit against network complexity. Not financial networks, or computer networks, or social networks. Networks themselves. — Dan Kaminsky

We do not interpret bitcoin's popularity as having a relationship with the public's view of the Federal Reserve's conduct of monetary policy — Janet Yellen

I'm a big fan of Bitcoin ... Regulation of money supply needs to be depoliticized. — Al Gore

Bitcoin is not a currency for a government; it is a global currency for the people. — Wences Casares

The digital keys in a user's wallet are completely independent of the bitcoin protocol and can be generated and managed by the user's wallet software without reference to the blockchain or access to the Internet. — Andreas M. Antonopoulos

Bitcoin is not currency; it's the internet of money! — Andreas Antonopoulos

Bitcoin itself has already cycled through the familiar trajectory of rebellious alternative, promising a currency independent of the state, through to a venture-capital-funded investment vehicle in which 0.1% of the participants own 50% of the coins. The debate — Tom Slee

In May 2010, a Florida programmer by the name of Laszlo Hanyecz wanted to test the technology. He offered to buy a pizza for 10,000 coins. The pizza arrived. For several days after that, Hanyecz bought 10,000-bitcoin pizzas. I bet he regrets it now. Ten thousand bitcoins would at one stage be worth over 12 million dollars. Twelve million bucks for a pizza! — Dominic Frisby

Devoid of the outside influences of capital and technology, the source of bitcoin value becomes the pure irreversible passage of time. The — George Gilder

In 2012, it was estimated that 4.5% to 9% of all transactions of all bitcoin exchanges in the world were for drug trades on a single deep web drugs market, Silk Road. — Anonymous

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

Bitcoin is not an actual physical coin, and if computers are shut down, you can't buy or sell them. That's why nothing will ever replace gold and silver coins themselves, and all investors should have them at home or in a safe deposit box. — Mark Skousen

Bitcoin is a currency, bitcoin is a network, bitcoin is a technology and you can't separate these things. A consensus network that bases its value on the currency does not work without the currency. — Andreas Antonopoulos

With Bitcoin hard-coded to be limited, it's like a collectible. — Bobby Lee

Code talks. Talk walks. — Andreas M. Antonopoulos

You have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven't been able to do it. Maybe somebody else can. — Alan Greenspan

Bitcoin is mostly about anonymous transactions, and I don't think over time that's a good way to go. I'm a huge believe in digital currency ... but doing it on an anonymous basis I think that leads to some abuses, so I'm not involved in Bitcoin. — Bill Gates

Bitcoin may be the TCP/IP of money. — Paul Buchheit

Bitcoins are not an investment. They are an investment fad that someday could be a real digital currency, but if they continue to behave as they have, they will instead be nothing. — Kurt Eichenwald

I don't think BitCoin has ever been anything but a legitimate enterprise. Currency is currency, it's used for good and ill. — Alex Winter

In the aftermath of the oh-so-predictable crash, the Bitcoin fanatics have begun marshaling out excuse after excuse for why this non-investment investment lost so much of its value so fast. One was that hackers attacked some of the exchanges for Bitcoins and crippled it. Really? A hacker can wreck an entire market? — Kurt Eichenwald

Bitcoin isn't tied to any commodity - besides trust. — Paul Ford

I think bitcoins are obviously becoming more and more relevant, — Ashton Kutcher

Bitcoin is not "unregulated". It is regulated by algorithm instead of being regulated by government bureaucracies. Un-corrupted. — Andreas Antonopoulos

Since we're all rich with bitcoins ... we ought to put some of this unearned wealth to good use. — Hal Finney

When people write the history of this thing, of bitcoin, they are not going to write the story of 6 million to a billion. What is truly remarkable is the story of zero to 6 million. It has already happened! And we're not paying attention! That's incredible. That's what had one chance in a million, and it already happened. — Wences Casares

Bitcoin, generally, is a great idea. Keeping wallets on smartphones is the worst idea of the decade — John McAfee

The Internet's proven to be a pretty big deal for global society, and Bitcoin could basically be thought of as the Internet, applied to money. — Dan Kaminsky

If there was ever a time that Silicon Valley believed it could revive the long-deferred dream of reinventing money, this was it. A virtual currency that rose above national borders fitted right in with an industry that saw itself destined to change the face of everyday life. — Nathaniel Popper

Bitcoins are not illegal in and of themselves and have known legitimate uses," the FBI agent, who drew up the complaint, wrote. This brief sentence was one of the strongest statements to date about the legality of Bitcoin in the United States - and it came from one — Nathaniel Popper

All the gold in the world was worth around $7 trillion. If Bitcoin became even half as popular, that would put the value of each Bitcoin at around half a million dollars - or — Nathaniel Popper

I think Bitcoin is a massive conceptual and helpful step forward. — Godfrey Bloom

Greece bankruptcy will trigger a market crash. My advice: Buy Bitcoin & Gold, Both will rise when the markets crash — Kim Dotcom

Bitcoin's got its issues. But it is not competing with perfection. — Dan Kaminsky

Bitcoin actually has the balance and incentives right, and that is why it is starting to take off. — Julian Assange

Bitcoin represents a significant threat to the currency domination of the USA, which is the only thing propping up the nation's status as a worldwide superpower. — Rick Falkvinge

I do not understand where the backing of Bitcoin is coming from. There is no fundamental issue of capabilities of repaying it in anything which is universally acceptable, which is either intrinsic value of the currency or the credit or trust of the individual who is issuing the money, whether it's a government or an individual. — Alan Greenspan

The gulf between what the press and many regular people believe Bitcoin is, and what a growing critical mass of technologists believe Bitcoin is, remains enormous. — Marc Andreessen

You can't stop things like Bitcoin. [ ... ]. It's like trying to stop gunpowder. — John McAfee

In January 2013, one could buy a Bitcoin for about $13. By late November, one Bitcoin would have set a buyer back over $1100. — Steve Hanke

talking about their belief in Bitcoin's eventual success (and perhaps with a bit of angst over their skewering in The Social Network): "First they ignore you. Then they laugh at you. Then you win. — Kashmir Hill

In 2008, Bitcoin was mysteriously introduced to the world in an obscure, technical paper written under the pseudonym Satoshi Nakamoto. By late 2013, the financial press was filled with reportage on Bitcoin and its dramatic price increase. — Steve Hanke

Assess Bitcoins? All you can do is examine the trading patterns, which do not provide a real analysis of any underlying economic value. The economics of investments are not solely based on supply and demand, and that is all that goes into Bitcoin prices. — Kurt Eichenwald

My view is that the bitcoin is in its very early days, and it is an artificial currency. But whether it is creating new money, whether it is sustainable, whether it would survive - I have many questions about it. — Uday Kotak

The relative success of the bitcoin proves that money first and foremost depends on trust. Neither gold nor bonds are needed to back up a currency. — Arnon Grunberg

So bitcoin is cyber snob currency ... — William Shatner

So bitcoin gives us an opportunity to reclaim the power of the people to say yes or no to what the government claims that it wants to do. — Stefan Molyneux

In April 2013, Nathaniel Popper of 'The New York Times' reported on Bitcoin in an article titled, 'Digital Money is Gaining Champions in the Real World'. — Steve Hanke

If we have a bitcoin universe, you don't get to print money for war. You don't get to have money for a prison/industrial complex. You don't get money for a war on drugs. You have to ask the people. — Stefan Molyneux

There is going to be enormous amounts of resistance to the adoption of bitcoin, but I really believe that it's about the most peaceful revolution that we can have in this world. — Stefan Molyneux