35 Notable Bitcoin Quotes – from Profound to Ridiculous
You’ve heard about this “bitcoin thing”, right? If you haven’t been living under a rock, then the answer is most likely “Yes!” If you are trying to decide whether or not you should own some Bitcoin, then this article might be helpful. Bitcoin is the first, and most talked about cryptocurrency. It is used for transactions without the need for middle men – meaning, no banks!
But, much of the hype is about getting rich by trading it. It encompasses knowledge of technology, currency, math, economics and social dynamics. We believe that Bitcoin and the expansion of blockchain technology, and its power for innovation is inevitable. So if you are a crypto lover, like we are, check out the Bitcoin quotes from around the world below! Keep reading to get an idea of what people of the world think about cryptocurrency in general, and Bitcoin in particular. It’s already bigger than you might think!
Quotes about Bitcoin and cryptocurrencies
Here are some famous quotes about bitcoin that describe a new age of digital currency.
In 1999, Professor Milton Friedman, an 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, stated: “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.” Nine years later, Bitcoin was born.
Quotes about the rise of bitcoin
“Bitcoins are the most important invention since the Internet itself. They will change the way the entire world does business. –” – Roger Ver, early Bitcoin investor.
“The swarm is headed towards us” – Satoshi Nakamoto, when WikiLeaks started accepting Bitcoin donation.
“Hey, obviously this is a very interesting time to be in Bitcoin right 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 right now. If you guys want proof Bitcoin is real, send them to me, I’ll cash them out and feed homeless people.”
– Jason King
And what about Bitcoin future?
“Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.” – Nassim Taleb
“Bitcoin promises to take at least some of that power away from governments and hand it to people. That alone augurs significant political, cultural, and economic clashes.” – Paul Vigna
“Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential.” – Marc Kenigsberg
Bitcoin quotes by famous people
What may surprise you is the range of famous people who have added their voices to the movement.
“So my view’s quite clear. I believe cryptocurrencies, Bitcoin is the first example, I believe they’re going to change the world.” – Richard Brown, executive architect of IBM.
Bitcoin business quotes
“Bitcoin gives us, for the first time, a way for one Internet user to transfer a unique piece of digital property to another Internet user, such that the transfer is guaranteed to be safe and secure, everyone knows that the transfer has taken place, and nobody can challenge the legitimacy of the transfer. The consequences of this breakthrough are hard to overstate.” – Marc Andreessen, venture capitalist and co-founder of Netscape.
“Bitcoin is the first time in five thousand years that we have something better than gold. And it’s not a little bit better, it’s significantly better. It’s much more scarce. More divisible, more durable. It’s much more transportable. It’s just simply better.” – Wences Casares, Argentine technology entrepreneur.
Peter Thiel, Co-Founder of PayPal says: “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.”
“You can’t stop things like Bitcoin. It will be everywhere and the world will have to readjust. World governments will have to readjust.” – John McAfee, founder of McAfee Inc.
Popular Bitcoin quotes
Celebrities are also interested in Bitcoin, who would ever think!
Quotes from bitcoin millionaires.
Richard Branson, a founder of Virgin Galactic and 400+ businesses: “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 off Bitcoin, some have lost money. It is volatile, but people make money off of volatility too.”
Jeff Garzik, Co-Founder of Bloq Inc, a contributor to Bitcoin Core, Bitcoin developer: “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.”
“I think at no point in human history have people in their 20s had such an opportunity to invest in such high-growth assets,” said Kingsley Advani, a cryptocurrency millionaire at age 24.
Teenage bitcoin millionaire Erik Finman, 19, believes that: “Bitcoin is just as real as fiat money, except Bitcoin can’t be printed endlessly.”
Best Bitcoin quotes
Mark Cuban, the billionaire investor is not that enthusiastic about this coin: “I think bitcoin is a bubble. I just don’t know when or how much it corrects.”
Peter Diamandis, lawyer: “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.”
Bitcoin funny quotes
Positive Bitcoin business quotes
“The future of money is digital currency.” – Bill Gates
John Donahoe – President and CEO of eBay Inc: “Digital currency is going to be a very powerful thing.”
“Bitcoin businesses are literally at the edge of law, not because they are doing anything wrong, but because Bitcoin enables new activities and behaviors and re-categorizes money in such a way as to enable it to transcend current statuses. This is both exciting, and scary, because we’re breaking amazing ground and we’ll inevitably be in the crosshairs for doing so.” – Erik Voorhees, BitInstant / Satoshi Dice
“Bitcoin is unstoppable.” – Roger Ver aka “Bitcoin Jesus” Voluntaryist
Read also: Bitcoin Problems Today: Full Analysis