Quotes About Cryptocurrency

Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix Global's initiative in being the first of many such projects to successfully launch.

Redistributing tokens is a balancing act. In most cases, forks probably want to keep ownership for users constant so users have at least the same incentives to use the new fork as the historical one.

Bitcoin is just one example of something that uses a blockchain.

I'm most excited about all of the non-currency uses of the block chain's ledger-ordering ability. I have no idea which ones will turn out to be successful, but I'm glad all of that experimenting is happening.

The exciting thing about the current emergence of bitcoin 2.0 applications is that you don't have to know anything about bitcoin or how the blockchain works to get a lot of utility and value out of the technology.

I believe that Bitcoin holds value as a form of 'good money' that is superior to any previously discovered or developed form of money.

What value does cryptocurrency actually add? No one's been able to answer that question for me.

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

Blockchain assets derive value from their usefulness. Bitcoin has value because people value the payment network. BTC is required to use the network, so people demand it. If Bitcoin continues to be useful, it will continue to have value.

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.

You have to think of the blockchain as a new utility. It is a new utility network for moving value, moving assets.

The value of Bitcoin is astronomical, but the price goes all over the place as a million buyers and sellers try to figure out what that value is and how likely it is to manifest.

Filecoin is a token with fundamental value. Filecoin is like Bitcoin, but miners amass hard drives instead of hashing computers.

Despite popular belief, Bitcoin is a bad medium of exchange for people that value financial privacy because of the transparent ledger that reveals an address, timestamp, and amount for every transaction on the network.

We really think of Bitcoin as a global, interoperable payment network instead of a store of value.

In order to have a decentralised database, you need to have security. In order to have security, you need to - you need to have incentives.

Bitcoin has a core technological innovation: The ability to publicly verify ownership, instantly transfer that ownership, and do so without the need for a trusted third party.

After the past few months of the world heaping ordure on Libra

As an internationally frictionless private currency founded by millionaires and billionaires, Libra would mostly be used, not by individuals to buy goods and services — but by people like its founders to move capital with much greater ease. Evading capital controls is strongly promoted by the Bitcoin subculture as a use case for cryptocurrency — as Libra's creators well know.

There is no innovation whatsoever. They have literally invented nothing. Libra is possibly the least innovative project to ever come out of Silicon Valley. — Aleksi Grym

Crowdsourced funding via cryptocurrencies is a viable practice. A lot of good ideas and innovative companies are coming out of it. This segment is creating thousands of jobs and companies all over the world.

Bitcoin Cash won't be a viable alternative to Bitcoin.

It's important to understand how Coinbase thinks about regulation and compliance in the digital currency space. As an exchange, we view compliance as key to digital currency's success.

Some bitcoin users see the hard fork as in some ways violating their most fundamental values. I personally think these fundamental values, pushed to such extremes, are silly.