Quotes About Cryptocurrency

Within the coming years, disrupting the Bitcoin network will become increasingly more difficult as Bitcoin wallet software and the protocol become more mature and resilient.

Bitcoin was created with security in mind. The Blockchain is Bitcoin's public ledger that records every transaction in the Bitcoin economy.

The scripting language in Bitcoin is important because it is what makes Bitcoin 'programmable money'. Within each Bitcoin transaction is the ability to write a little program.

Blockchain technologies will change transactions in a broad way.

People think about Bitcoin incorrectly. They think about it as currency or about gold or hoarding, speculation, about how much money do you make. When really, what it is is an API for programmable cash transactions.

If you're someone in the business of verifying transactions on a proprietary network, the invention of Bitcoin cannot be safely ignored. It will change or disrupt the providers of most proprietary payment networks in the coming years.

The majority of companies using BitPay to accept bitcoin are small businesses that are benefitting from lower transaction fees, faster service, and increased security for fraudulent transactions.

Transparency and liquidity make sense in my head, so that's why I have an affinity for blockchain as a whole.

Before Bitcoin, I was just waiting around for the Singularity.

If money was being invented now, it wouldn't be designed to look like cash or credit cards. It would look more like Bitcoin.

I invested in bitcoin - was that because of my degree? I don't know.

If you're investing in a company in the Bitcoin economy, you have to compare the valuation of the company to the valuation of the entire economy.

Polychain manages a hedge fund that invests exclusively in digital assets. We invest exclusively in protocols, not companies, and we do this by investing in things made scarce through the blockchain.

We're going to create digital wallets for our residents, and we're going to give them Bitcoin directly from the yield of MiamiCoin.

There needs to be some standards around launching an ICO and investing in ICOs in the space, and I caution all to tread carefully until those standards emerge.

I describe Bitcoin as 'the Skype of money.'

Blockchain startups are suffering from a crippling, archaic, and antiquated state regulatory system - and it's driving innovation abroad. Many blockchain start-ups trigger or may trigger money transmitter laws and regulations.

I trust bitcoin more than I trust my bank.

The main advantage of blockchain technology is supposed to be that it's more secure, but new technologies are generally hard for people to trust, and this paradox can't really be avoided.

Investors need to understand the risk of individual exchanges before trusting their funds with them.

We see bitcoin as potentially the greatest social network of all.

BitCoin is actually an exploit against network complexity. Not financial networks, or computer networks, or social networks. Networks themselves.

XRP is solving a payments problem, and it's very efficient to do that.

Take a very small amount of money, your throwaway money, treat it as if it's already gone, you've mentally set it on fire, and put it in some distribution of a few truly legit layer 1 blockchains.