Bitcoin is a currency, bitcoin is a network, bitcoin is a technology and you can't separate these things. A consensus network that bases its value on the currency does not work without the currency.
Bitcoin is mostly about anonymous transactions, and I don't think over time that's a good way to go. I'm a huge believe in digital currency... but doing it on an anonymous basis I think that leads to some abuses, so I'm not involved in Bitcoin.
Bitcoin, generally, is a great idea. Keeping wallets on smartphones is the worst idea of the decade
Bitcoin is not an actual physical coin, and if computers are shut down, you can't buy or sell them. That's why nothing will ever replace gold and silver coins themselves, and all investors should have them at home or in a safe deposit box.
The gulf between what the press and many regular people believe Bitcoin is, and what a growing critical mass of technologists believe Bitcoin is, remains enormous.
Bitcoin may be the TCP/IP of money.
Bitcoin seems to be a very promising idea. I like the idea of basing security on the assumption that the CPU power of honest participants outweighs that of the attacker. It is a very modern notion that exploits the power of the long tail.
Bitcoin is not currency; it's the internet of money!
So my view's quite clear. I believe Cryptocurrencies, bitcoin is the first example, i believe they're going to Change the world.
I think bitcoins are obviously becoming more and more relevant.
I think Bitcoin is a massive conceptual and helpful step forward.
The bitcoin world is this new ecosystem where it doesn't cost that much to start a new bitcoin company, it doesn't cost much to start owning bitcoin either, and it is a much more efficient way of moving money around the world.
So bitcoin gives us an opportunity to reclaim the power of the people to say yes or no to what the government claims that it wants to do.
There is going to be enormous amounts of resistance to the adoption of bitcoin, but I really believe that it's about the most peaceful revolution that we can have in this world.
The joke is that U2's new record only looked like a virus. Enjoy mining bitcoins for me losers.
Did I mention how good it feels to be a bitcoin millionaire?
Most of the big breakthrough technologies/companies seem crazy at first: PCs, the internet, Bitcoin, Airbnb, Uber, 140 characters.. It has to be a radical product. It has to be something where, when people look at it, at first they say, ‘I don’t get it, I don’t understand it. I think it’s too weird, I think it’s too unusual.’
The relative success of the bitcoin proves that money first and foremost depends on trust. Neither gold nor bonds are needed to back up a currency.
Since we're all rich with bitcoins ... we ought to put some of this unearned wealth to good use.
So bitcoin is cyber snob currency.
Bitcoins are not an investment. They are an investment fad that someday could be a real digital currency, but if they continue to behave as they have, they will instead be nothing.
Bitcoin isn't tied to any commodity - besides trust.
I don't think BitCoin has ever been anything but a legitimate enterprise. Currency is currency, it's used for good and ill.
When people write the history of this thing, of bitcoin, they are not going to write the story of 6 million to a billion. What is truly remarkable is the story of zero to 6 million. It has already happened! And we’re not paying attention! That’s incredible. That’s what had one chance in a million and it already happened.
With Bitcoin hard-coded to be limited, it’s like a collectible.
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