Crypto Quotes

Bill Gates

“Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.”

““Bitcoin is a technological tour de force.”

Richard Branson

“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 oD Bitcoin, some have lost money. It is volatile, but people make money oD of volatility too.”

“Virgin Galactic is a bold entrepreneurial technology. It’s driving a revolution. And bitcoin is doing just the same when it comes to inventing a new currency.”

Richard Branson

“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 oD Bitcoin, some have lost money. It is volatile, but people make money oD of volatility too.”

“Virgin Galactic is a bold entrepreneurial technology. It’s driving a revolution. And bitcoin is doing just the same when it comes to inventing a new currency.”

Al Gore

“When bitcoin currency is converted from currency into cash, that interface has to remain under some regulatory safeguards. I think the fact that within the bitcoin universe an algorithm replaces the function of the goverment … [that] is actually pretty cool. I am a big fan of Bitcoin.”

Eric Schmidt

Executive chairman of Google.

“[Bitcoin] is a remarkable cryptographic achievemen The ability to create something which is not duplicable in the digital world has enormous value… Lot’s of people will build businesses on top of that.”

Eric Schmidt

Executive chairman of Google.

“[Bitcoin] is a remarkable cryptographic achievemen The ability to create something which is not duplicable in the digital world has enormous value… Lot’s of people will build businesses on top of that.”

John McAfee

Founder of software and anti-virus company McAfee.

“In the long term Bitcoin moves above $500,000 within three years. Bets?”

“It is not a speculative investment even though it is being used as such by other people. As Bitcoin network grows the value of Bitcoin grows. As people move into Bitcoin for payments and receipts they stop using US Dollars, Euros and Chinese Yuan which in the long-term devalues these currencies.”

Nassim Taleb

Trader and risk analyst. Black swan market expert.

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

Nassim Taleb

Trader and risk analyst. Black swan market expert.

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

Peter Thiel

Co-founder of Paypal.

“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.”

People are “underestimating” bitcoin and it has “great potential left,”

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

“I’m skeptical of most of them (cryptocurrencies), I do think people are a little bit … underestimating bitcoin especially because … it’s like a reserve form of money, it’s like gold, and it’s just a store of value. You don’t need to use it to make payments,”

“If bitcoin ends up being the cyber equivalent of gold it has a great potential left.”

“Bitcoin is mineable like gold, it’s hard to mine, it’s actually harder to mine than gold. And so in that sense it’s more constrained,”

Milton Friedman

Economist who received the 1976 Nobel Memorial Prize in Economic
Sciences for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy.

“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.”

Milton Friedman

Economist who received the 1976 Nobel Memorial Prize in Economic
Sciences for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy.

“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.”

Jeff Garzik

Co-founder of Bloq Inc.

“When I first heard about Bitcoin, I thought it was impossible. How can you have a purely digital currency? Can’t I just copy your hard drive and have your bitcoins? I didn’t understand how that could be done, and then I looked into it and it was brilliant.”

Peter Diamandis

Founder and chairman of the X Prize foundation.

“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

Founder and chairman of the X Prize foundation.

“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.”

Max Keiser

Financial analyst and host of RT’s Keiser Report.

“30,000 new bitcoin wallets a day. An ETF coming soon. Wall Street just getting started. Regulators waking up to their impotence. Hello $10,000. Remember, My target since 2011 when I was the only public figure recommending #Bitcoin at $3, was $100,000.”

Larry Summers

Former US Treasury secretary.

“I’m reasonably confident … that the blockchain will change a great deal of financial practice and exchange.”

Larry Summers

Former US Treasury secretary.

“I’m reasonably confident … that the blockchain will change a great deal of financial practice and exchange.”

Leon Louw

Nobel peace prize nominee.

“Bitcoin might revolutionise more than money or economics. It could transform the role and nature of government.”

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

Marc Andreessen

Venture Capitalist and investor in Bitcoin tech.

“Bitcoin at its most fundamental level is a breakthrough in computer science – one that builds on 20 years of research into cryptographic currency, and 40 years of research in cryptography, by thousands of researchers around the world.— 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 services like eBay and Facebook.”

“I’m on record that bitcoin, and cryptocurrency broadly, is one of the most important tech breakthroughs of our time.”

Marc Andreessen

Venture Capitalist and investor in Bitcoin tech.

“Bitcoin at its most fundamental level is a breakthrough in computer science – one that builds on 20 years of research into cryptographic currency, and 40 years of research in cryptography, by thousands of researchers around the world.— 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 services like eBay and Facebook.”

“I’m on record that bitcoin, and cryptocurrency broadly, is one of the most important tech breakthroughs of our time.”

Melanie Swan

Author of Blockchain: Blueprint for a new economy.

“Bitcoin is just one example of something that uses a blockchain. Cryptocurrencies are just one example of decentralized technologies. And now that the Internet is big enough and diverse enough, I think we will see different flavors of decentralized technologies and blockchains. I think decentralized networks will be the next huge wave in technology. The blockchain allows our smart devices to speak to each other better and faster.”

Winklevoss Brothers

Co-creators of Facebook, top investor in Bitcoin.

“We have elected to put our money and faith in a mathematical framework that is free of politics and human error.”

“We see bitcoin as potentially the greatest social network of all,”

“Our basic thesis for bitcoin is that it is better than gold,”

“The root problem with conventional currency is all the trust that’s
required to make it work. The central bank must be trusted not to
debase the currency, but the history of fiat currencies is full of
breaches of that trust. Banks must be trusted to hold our money and
transfer it electronically, but they lend it out in waves of credit bubbles with
barely a fraction in reserve. We have to trust them with our privacy, trust
them not to let identity thieves drain our accounts.”

“Small bull case scenario for Bitcoin is a 400 billion USD dollar market cap, so 40,000 USD a coin, but I believe it could be much larger. When this will happen, if it happens, I don’t know, but if it happens, it will probably happen much faster than anyone imagines.”

“Some days I don’t even look at the price. I’m in this for the long-haul. Spartans hold.”

Winklevoss Brothers

Co-creators of Facebook, top investor in Bitcoin.

“We have elected to put our money and faith in a mathematical framework that is free of politics and human error.”

“We see bitcoin as potentially the greatest social network of all,”

“Our basic thesis for bitcoin is that it is better than gold,”

“The root problem with conventional currency is all the trust that’s
required to make it work. The central bank must be trusted not to
debase the currency, but the history of fiat currencies is full of
breaches of that trust. Banks must be trusted to hold our money and
transfer it electronically, but they lend it out in waves of credit bubbles with
barely a fraction in reserve. We have to trust them with our privacy, trust
them not to let identity thieves drain our accounts.”

“Small bull case scenario for Bitcoin is a 400 billion USD dollar market cap, so 40,000 USD a coin, but I believe it could be much larger. When this will happen, if it happens, I don’t know, but if it happens, it will probably happen much faster than anyone imagines.”

“Some days I don’t even look at the price. I’m in this for the long-haul. Spartans hold.”

Satoshi Nakamoto

Bitcoin Founder.

“Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone.”

“As computers get faster and the total computing power applied to
creating bitcoins increases, the difficulty increases proportionally to keep the total new production constant. Thus, it is known in advance how many new bitcoins will be created every year in the future.”

Pieter Wuille

Billionaire investor.

“Bitcoin enables certain uses that are very unique. I think it offers possibilities that no other currency allows. For example the ability to spend a coin that only occurs when two separate parties agree to spend the coin; with a third party that couldn’t run away with the coin itself.”

Pieter Wuille

Billionaire investor.

“Bitcoin enables certain uses that are very unique. I think it offers possibilities that no other currency allows. For example the ability to spend a coin that only occurs when two separate parties agree to spend the coin; with a third party that couldn’t run away with the coin itself.”

Jason King

Founder of Sean’s outpost.

“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. If you guys want proof Bitcoin is real, send them to me, I’ll cash them out and feed homeless people.”

Barry Silbert

Ceo of asset-trading platform secondmarket.

“[I have] requests from 38 institutional investors representing +$250 billion to meet with me [about] bitcoin at Barclays Emerging Payments Forum tomorrow.”

Barry Silbert

Ceo of asset-trading platform secondmarket.

“[I have] requests from 38 institutional investors representing +$250 billion to meet with me [about] bitcoin at Barclays Emerging Payments Forum tomorrow.”

Mark T. Williams

Boston university finance professor.

“I continue to stick to my 2013 prediction that bitcoin is grossly overpriced and the price will eventually adjust dramatically downward as the priced-for-perfection expectations set by bitcoin promoters cannot be met.” 2014.

(2013 Bitcoin ranged between $100-$1000. In 2014 between $340-$700. 2017 $7000 + per Bitcoin, Marks prediction was back to Bitcoin to $10.)

Marc Kenigsberg

Founder of Bitcoinchaser.com.

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

Marc Kenigsberg

Founder of Bitcoinchaser.com.

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

Amir Taaki

Forbes listed Taaki in their top 30 entrepreneurs of 2014.

“Bitcoin was created to serve a highly political intent, a free and uncensored network where all can participate with equal access.”

Edmund C. Moy

Chief Strategist is former director of the U.S. Mint.

“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.”

$2.6B fine ‘won’t do much damage’: Credit Suisse CEO. It’s time banks got competition. Time for cryptocurrencies.

“It has a low risk of collapse unlike a sovereign government’s currency (just ask the Greeks or more broadly, the European Union).”

“As a medium of exchange, bitcoin offers several unique innovations to currency: global nature, infinite divisibility and easy to carry.”

Edmund C. Moy

Chief Strategist is former director of the U.S. Mint.

“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.”

$2.6B fine ‘won’t do much damage’: Credit Suisse CEO. It’s time banks got competition. Time for cryptocurrencies.

“It has a low risk of collapse unlike a sovereign government’s currency (just ask the Greeks or more broadly, the European Union).”

“As a medium of exchange, bitcoin offers several unique innovations to currency: global nature, infinite divisibility and easy to carry.”

Tim Draper

Billionaire Large investor in Crypto Currency. Bought 30,000 Bitcoins in 2014.

“Bitcoin continues to spread widely. Soon everyone will have a Bitcoin wallet. Growth there is on a larger base. Blockchain is still in its infancy so growth rates should be higher. Of course, they depend more on the actual application.”

“The current uses of Bitcoin are just the tip of the iceberg.”

“I predicted a $10000 price on Bitcoin in three years about three years ago. Might take another year.”

“Bitcoin is a great alternative for some of these economies where inflation really saps the strength of a country’s economy. I expect Pagos in Argentina, Pagatech in Africa, and in Mexico Coincove—all these companies will really thrive because people in those countries are not as confident in their own governments’ fiat currency.”

“All I know is I paid more than all the other guys did, and so winning it at auction is a mixed bag, But I made a decision that this was going to be a long-term bet.” Draper on his 30,000 Bitcoin Auction win.

“In 5 years, if you try to use fiat currency they will laugh at you. Bitcoin and other crypt currencies will be so relevant … there will be no reason to have the fiat currencies.

Michael Marquardt

“I love seeing new services constantly starting to accept Bitcoin. Bitcoin is really becoming “the currency of the Internet.” I’m most concerned by possible government reactions to Bitcoin. They can’t destroy Bitcoin, but they could really slow things down by making exchange much more difficult.”

Michael Marquardt

“I love seeing new services constantly starting to accept Bitcoin. Bitcoin is really becoming “the currency of the Internet.” I’m most concerned by possible government reactions to Bitcoin. They can’t destroy Bitcoin, but they could really slow things down by making exchange much more difficult.”

Charles Lee

Founder of Litecoin.

“Cryptocurrency is such a powerful concept that it can almost overturn governments”

Erik Voorhees

Ceo of shapeshift.

“Economists and journalists often get caught up in this question: Why does Bitcoin have value? And the answer is very easy. Because it is useful and scarce.”

“Spend some time with Bitcoin. Learn it, challenge it, and use it. You can assume no government wants you adopting this system in any capacity, and for that reason alone it’s worth consideration by honest, moral and industrious people.”

Erik Voorhees

Ceo of shapeshift.

“Economists and journalists often get caught up in this question: Why does Bitcoin have value? And the answer is very easy. Because it is useful and scarce.”

“Spend some time with Bitcoin. Learn it, challenge it, and use it. You can assume no government wants you adopting this system in any capacity, and for that reason alone it’s worth consideration by honest, moral and industrious people.”

Rick Falkvinge

Swedish IT entrepreneur

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

Roger Ver

Early investor in bitcoin.

“Bitcoin is amazingly transformative because it’s the first time in the entire history of the world in which anybody can now send or receive any amount of money, with anyone else, anywhere on the planet, without having to ask permission from any bank or government.”

“Because the supply of Bitcoin is limited, the price of Bitcoin is going to have to increase and increase very substantially over time. My advice is that if you’re interested in Bitcoin and excited by Bitcoin, then buy some Bitcoin and hold onto them, and you’re likely to do very well over time.”

“Once people see Bitcoin and how it works, they realise this isn’t just a flash in the pan.”

“Bernie Madoff… was regulated up and down and every which way, and it didn’t do any good – he ran away with everyone’s money.”

“I don’t think it’s any sort of stretch of the imagination to say that, very, very realistically, each single bitcoin, if bitcoin becomes popular, will have to be worth at least tens of thousands of dollars.”

“At first, almost everyone who got involved did so for philosophical reasons. We saw bitcoin as a great idea, as a way to separate money from the state.”

“Bitcoin will experience many bubbles along its way to improving the lives of everyone on the planet. I’m not concerned with the short-term price fluctuations.”

Roger Ver

Early investor in bitcoin.

“Bitcoin is amazingly transformative because it’s the first time in the entire history of the world in which anybody can now send or receive any amount of money, with anyone else, anywhere on the planet, without having to ask permission from any bank or government.”

“Because the supply of Bitcoin is limited, the price of Bitcoin is going to have to increase and increase very substantially over time. My advice is that if you’re interested in Bitcoin and excited by Bitcoin, then buy some Bitcoin and hold onto them, and you’re likely to do very well over time.”

“Once people see Bitcoin and how it works, they realise this isn’t just a flash in the pan.”

“Bernie Madoff… was regulated up and down and every which way, and it didn’t do any good – he ran away with everyone’s money.”

“I don’t think it’s any sort of stretch of the imagination to say that, very, very realistically, each single bitcoin, if bitcoin becomes popular, will have to be worth at least tens of thousands of dollars.”

“At first, almost everyone who got involved did so for philosophical reasons. We saw bitcoin as a great idea, as a way to separate money from the state.”

“Bitcoin will experience many bubbles along its way to improving the lives of everyone on the planet. I’m not concerned with the short-term price fluctuations.”

S.E. Sever

“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?”

Ron Paul

Republican Texas Congressman and former candidate for US
President

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

Ron Paul

Republican Texas Congressman and former candidate for US
President

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

Orlin Grabbe

Economist.

“Cryptology represents the future of privacy [and] by implication [it] also represents the future of money, and the future of banking and finance.”

Jim Rickards

Economist and investment banker.

“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.”

Jim Rickards

Economist and investment banker.

“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.”

Stephen Colbert

Comedian and writer.

On Bitcoin..”It’s gold for nerds.”

Arnon Grunberg

Writer

“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

Writer

“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.”

Patrick Young

Financial analyst

“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. It’s going to be alternative currencies like bitcoin and it’s not actually going to be a banking system as we had before 2008.”

Trace Mayer

Money expert on Bitcoin and Gold

“Instant transactions, no waiting for checks to clear, no chargebacks (merchants will like this), no account freezes (look out Paypal), no international wire transfer fee, no fees of any kind, no minimum balance, no maximum balance, worldwide access, always open, no waiting for business hours to make transactions, no waiting for an account to be approved before transacting, open an account in a few seconds, as easy as email, no bank account needed, extremely poor people can use it, extremely wealthy people can use it, no printing press, no hyper-inflation, no debt limit votes, no bank bailouts, completely voluntary. This sounds like the best payment system in the world!”

Trace Mayer

Money expert on Bitcoin and Gold

“Instant transactions, no waiting for checks to clear, no chargebacks (merchants will like this), no account freezes (look out Paypal), no international wire transfer fee, no fees of any kind, no minimum balance, no maximum balance, worldwide access, always open, no waiting for business hours to make transactions, no waiting for an account to be approved before transacting, open an account in a few seconds, as easy as email, no bank account needed, extremely poor people can use it, extremely wealthy people can use it, no printing press, no hyper-inflation, no debt limit votes, no bank bailouts, completely voluntary. This sounds like the best payment system in the world!”

Chamath Palihapitiya

Early investor in Bitcoin and former executive at Facebook. CEO of Social Capital

On Bitcoin… “Nobody can stop it because nobody can control it.”

“Reiterating my belief about BTC. It’s the ultimate insurance policy against autocracy, currency curbs and other forms of value destruction.”

“It’s money 2.0, a huge huge huge deal.”

Jeremy Liew

Early investor in Snapchat

“Bitcoin is already simple to buy and hold, and as the asset continues to mature, we’ll continue to see an increase in the development and deployment of surrounding products.” He went on to say that Bitcoin could hit $500,000 a coin by 2030.

Jeremy Liew

Early investor in Snapchat

“Bitcoin is already simple to buy and hold, and as the asset continues to mature, we’ll continue to see an increase in the development and deployment of surrounding products.” He went on to say that Bitcoin could hit $500,000 a coin by 2030.

Paul Buchheit

Creator of Gmail

“Bitcoin may be the TCP/IP of money.”

Paul Graham

Creator of Yahoo store

“I am very intrigued by Bitcoin. It has all the signs. Paradigm shift, hackers love it, yet it’s derided as a toy. Just like microcomputers.”

Paul Graham

Creator of Yahoo store

“I am very intrigued by Bitcoin. It has all the signs. Paradigm shift, hackers love it, yet it’s derided as a toy. Just like microcomputers.”

David Marcus

Ceo of Paypal

“People are confused. They think because it’s called cryptocurrency it’s a currency. I don’t think it is a currency. It’s a store of value, a distributed ledger.”

“I really like Bitcoin. I own Bitcoins. It’s a store of value, a distributed ledger. It’s a great place to put assets, especially in places like Argentina with 40 percent inflation, where $1 today is worth 60 cents in a year, and a government’s currency does not hold value. It’s also a good investment vehicle if you have an appetite for risk. But it won’t be a currency until volatility slows down.”

Ben Bernanke

Former Chairman of the Federal Reserve

On Blockchain tech.. “The Fed, the Bank of England, and Japan are very supportive of these technologies because they’ll improve payment systems.”

Ben Bernanke

Former Chairman of the Federal Reserve

On Blockchain tech.. “The Fed, the Bank of England, and Japan are very supportive of these technologies because they’ll improve payment systems.”

Alex and Don Tapscott

Author of the book

Blockchain Revolution:

How the Technology Behind Bitcoin Is Changing Money, Business and the World.

“The first generation of the digital revolution brought us the Internet of information.
The second generation — powered by blockchain technology — is bringing us the Internet of value: a new platform to reshape the world of business and transform the old order of human affairs for the better.
Blockchain is a vast, global distributed ledger or database running on millions of devices and open to anyone, where not just information but anything of value — money, but also titles, deeds, identities, even votes — can be moved, stored and managed securely and privately. Trust is established through mass collaboration
and clever code rather than by powerful intermediaries like governments and banks.”