Quotes About Bitcoin

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.

There is nothing that Bitcoin can do which Ethereum can't. While Ethereum is less battle-tested, it is moving faster, has better leadership, and has more developer mindshare.

While the traditional banks and credit card companies lock down access to their payments infrastructure to a handful of trusted parties, Bitcoin is open to all.

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.

Bitcoins are not a real investment; they are bets inside a casino. If the price goes back up, don't be fooled. In the parlance of popping investment bubbles, it's something called a 'dead-cat bounce.' People who are desperate to keep the game going rush back in, hoping to bring the price back up, but it never lasts.

Before I went to prison, there were not really many blockchain products. It was only bitcoin.

You have to be really, really careful how you use bitcoin in order to use it privately.

Digital currency is now a misnomer for Bitcoin. It can be used as currency, but it can be used for many things.

The ability to easily buy and sell Bitcoin has been a really key factor in accelerating Bitcoin adoption.

I love this stuff - bitcoin, ethereum, blockchain technology - and what the future holds.

You just can't bifurcate bitcoin currency from the technology. Bitcoin will always need a monetary base.

Bitcoin is inherently international, and one of its great promises is it enables cross-border payments in a more efficient way.

Monero at a protocol level is very, very private and has that big advantage over bitcoin.

The bitcoin/blockchain protocol has never been compromised. Businesses building applications on top of it run the risk of making mistakes.

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.

To be a more efficient, faster, and cheaper way to send money around the world, you have to be able to get in and out of Bitcoin. You need to have a liquid exchange on either end of the corridor.

I think Bitcoin really feels empowering in a sense.

A lot of people don't want to deal with the effort needed to secure your bitcoins. That's why we started to build Gemini, which is a U.S.-based exchange with compliance - it's NASDAQ, E-Trade and DTC built into one.

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.

I'm motivated by the positive ways in which Bitcoin use being widespread will make the world a better place.

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.

That's a term that I really like - 'permissionless innovation' - because anybody who has an idea and has a solution can tap into or can leverage the Bitcoin blockchain.

There is no more reason to believe that Bitcoin will stand the test of time than that governments will protect the value of government-created money, although Bitcoin is newer, and we always look at babies with hope.

For a major publisher like Time Inc. to embrace Bitcoin sends an important message to both its readers and to the broader media community.