Quotes About Cryptocurrency

If Ripple as a company went away, XRP would continue to trade. To me, that's the definition of decentralization.

You can crank out Bitcoins on a PC, but it's an incredibly computer-intensive task, and it will keep getting harder as the number of Bitcoins in existence increases. Some people have pooled together hundreds of machines to 'mine' Bitcoins. Most folks, however, just buy them on an exchange.

My salary is converted to bitcoin, and taxes are taken out. You have to do all the tax computations in dollars because the IRS does not deal in bitcoins.

Ripple Labs CEO

Every ten minutes, like the heartbeat of the bitcoin network, all the transactions conducted are verified, cleared, and stored in a block which is linked to the preceding block, thereby creating a chain. Each block must refer to the preceding block to be valid.

The bitcoin protocol is about mining bitcoin, not pricing bitcoin. There is nothing in the protocol about establishing a market price for bitcoin; you need a market for that, but what if all the exchange markets are shut down?

What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?

ShapeShift has no user accounts, signup, or registration process whatsoever. But it's faster and far more convenient than traditional exchanges.

Whenever the price of cryptocurrency is rallying, people start spending a lot more.

In 2017, people have realized there isn't going to be one crypto to rule them all. You're seeing vertical solutions where XRP is focused on payment problems, Ethereum is focused on smart contracts, and increasingly, bitcoin is a store of value. Those aren't competitive. In fact, I want bitcoin and Ethereum to be successful.

Cryptocurrency currencies take the concept of money, and they take it native into computers, where everything is settled with computers and doesn't require external institutions or trusted third parties to validate things.

We are very excited about the use of blockchain, whether it's Bitcoin or not, but we are as enthusiastic as ever about Bitcoin as a global currency and, really more importantly, Bitcoin as a global financial rail.

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 it may seem scarier in the earlier days, I think ultimately the blockchain creates a safer world.

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.

Blockchain should be used to address opportunities and problems that lack easier answers.

Most 'digital currencies' are not really digital currencies at all.

Bitcoin and digital currency is just this thing that was always going to happen.

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.

The technical side of Ethereum's efficacy is 100% an engineering exercise.

We want to be one of the most crypto-forward and technological cities in the country. So we're looking at... creating a regulatory framework that makes us the easiest place in the United States to do business if you're doing it in cryptocurrencies.

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