Quotes On Crypto (None from Bill Mayer or Warren Buffett)

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Avatar for SeventyFourSeventyFive
3 years ago

Here a couple of interesting quotes from famous and semi-famous people. I have added a few thoughts in parenthesis.

If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry. Satoshi Nakamoto

Any time a country transitioned to a fiat currency, they collapsed. That’s just world history; you don’t have to know about cryptocurrency to know that. Nipsey Hussle

If the cryptocurrency market overall or a digital asset is solving a problem, it’s going to drive some value. Brad Garlinghouse (This one may be the best and easiest way to explain the value to someone who keeps saying it is fake money)

We are seeing more managed money and, to an extent, institutional money entering the [crypto] space. Anecdotally speaking, I know of many people who are working at hedge funds or other investment managers who are trading cryptocurrency personally, the question is, when do people start doing it with their firms and funds? Olaf Carlson-Wee (They are doing it now, and it will never be the same)

What value does cryptocurrency add? No one’s been able to answer that question to me. Steve Eisman (Ignore whatever this person says for the rest of his, and your life.)

Bitcoin is here to stay. There would be a hacker uproar to anyone who attempted to take credit for the patent of cryptocurrency. And I wouldn’t want to be on the receiving end of hacker fury. Adam Draper

Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential. Marc Kenigsberg

Bitcoin will do to banks what email did to the postal industry. Rick Falkvinge

Bitcoin is a technological tour de force. Bill Gates

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. Richard Branson

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. Peter Thie

Bitcoin actually has the balance and incentives center, and that is why it is starting to take off. Julian Assange

The Federal Reserve simply does not have authority to supervise or regulate Bitcoin in any way. Janet Yellen (They will give themselves the authority, soon)

It’s gold for nerds. Stephan Colbert

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3 years ago

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