Bitcoin Quotes
Don't take it from me. Listen to the Pros. Happy Labor Day Weekend.
PETER THEIL, PayPal
“I do think Bitcoin is the first encrypted money that has the potential to do something like change the world.”
ERIC SCHMIDT, Google
“Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value.”
NASSIM TALEB, The Black Swan
“Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.”
MARC ANDRESSEN, Andressen Horowitz
“Bitcoin is a classic network effect, a positive feedback loop. The more people who use Bitcoin, the more valuable Bitcoin is for everyone who uses it, and the higher the incentive for the next user to start using the technology. Bitcoin shares this network effect property with the telephone system, the web and popular internet sites like eBay and Facebook.”
CHAMATH PALIHAPITIYA, Golden State Warriors
“It’s money 2.0, a huge huge huge deal.”
PAUL TUDOR JONES, Tudor Investment Corp
“The best profit-maximizing strategy is to own the fastest horse… If I am forced to forecast, my bet is it will be Bitcoin. We are witnessing the Great Monetary Inflation — an unprecedented expansion of every form of money unlike anything the developed world has ever seen.”
GEORGE BALL, Prudential Securities
“I’ve never said this before, but I’ve always been a blockchain, cryptocurrency and bitcoin opponent. However, if you look right now, the government can’t stimulate the markets forever, so the very wealthy investor or the trader probably turns to bitcoin or something like it as a staple.”
BARRY SILBERT, Digital Currency Group
“Once Wall Street starts putting money into Bitcoin – we’re talking about hundreds of millions, billions of dollars moving in – it’s going to have a pretty dramatic effect on price.”
MILTON FRIEDMAN, Nobel Economist
“I think the internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing but that will soon be developed is a reliable e-cash.”
BILL GATES, Microsoft
“Bitcoin is a technological tour de force.”
JOHN MACAFEE, McAfee LLC
“You can’t stop things like Bitcoin. It will be everywhere and the world will have to readjust. World governments will have to readjust.”
ROGER VER, Investor
“Bitcoin is the most important invention in the history of the world since the Internet.”
JIM RICKARDS, Currency Wars
“Gold is a great way to preserve wealth, but it is hard to move around. You do need some kind of alternative and Bitcoin fits the bill. I’m not surprised to see that happening.”
Paul Buchheit, Creator of Gmail
“Bitcoin may be the TCP/IP of money.”
Edmund Moy, United States Mint
“Bitcoin, and the ideas behind it, will be a disrupter to the traditional notions of the currency. In the end, currency will be better for it.”
Tyler Winklevoss, Gemini Exchange
“We see bitcoin as potentially the greatest social network of all…We eat. Sleep. And, breath bitcoin.”
Richard Brown, IBM
“Bitcoin, crypto currencies, solved this problem of coming to a consensus globally where you don’t trust anyone. I’m a computer scientist, I thought that was impossible. These guys have proved it can be done.
Cameron Winklevoss, Gemini Exchange
“With great ideas come great changes. Bitcoin’s that.”
BRIAN ARMSTRONG, Coinbase
“I think bitcoin is going to end up a lot like the Internet. Some countries try to regulate the Internet – bitcoin will be very much like that. It will be legal and there will be some countries with currency control.”
Cheers,
Verks
***This is not financial advice. Investing in bitcoin and cryptocurrency is extremely risky. Please do your own research. The ideas and news presented in this newsletter are my personal opinions and meant for informational and entertainment purposes only.