Top 20 Bitcoin Quotes from Success People in the world

Here are Top 20 Bitcoin Quotes by famous and important people in the world. By reading it and summarizing what the world class people think about bitcoin and blockchain technology.

1. “Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.” – Bill Gates (Co-founder of Microsoft, investor and philanthropist)

2. “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 (Founder of Virgin Galactic)

3. “When bitcoin currency is converted from currency into cash, that interface has to remain under some regulatory safeguards. I think the fact that within the bitcoin universe an algorithm replaces the function of the goverment …that is actually pretty cool.” – Al Gore (Former Vice President of the United States)

4. “Bitcoin is a remarkable cryptographic achievement… The ability to create something which is not duplicable in the digital world has enormous value…Lot’s of people will build businesses on top of that.” – Eric Schmidt (Executive Chairman of Google)

5. “It is not a speculative investment even though it is being used as such by other people. As Bitcoin network grows the value of Bitcoin grows. As people move into Bitcoin for payments and receipts they stop using US Dollars, Euros and Chinese Yuan which in the long-term devalues these currencies.” – John McAfee (Founder of the software and anti-virus company McAfee Associates)

6. “Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. But I am not familiar with the specific product to assert whether it is the best potential setup. And we need a long time to establish confidence.” – Nassim Taleb (Statistician, former trader and risk analyst)

7. “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 Thiel (Co-Founder of PayPal)

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8. “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.” – Milton Friedman (Economist who received the 1976 Nobel Memorial Prize in Economic Sciences)

9. “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.” – Jeff Garzik (Co-Founder of Bloq Inc, a contributor to Bitcoin Core, Bitcoin developer)

10. “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.” – Peter Diamandis (Founder and chairman of the X Prize Foundation)

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11. “Bitcoin is the currency of resistance… If Satoshi had released Bitcoin 10 yrs. earlier, 9/11 would never have happened” – Max Keiser (American broadcaster and film maker, hosts Keiser Report, a financial program broadcast featuring heterodox economics theories)

12. “Bitcoin will do to banks what email did to the postal industry” – Rick Falkvinge (Founder of the Swedish pirate party)

13. “I understand the political ramifications of Bitcoin and I think that government should stay out of them and they should be perfectly legal.” – Ron Paul (Republican Texas Congressman and former candidate for US President)

14. “Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments.” – Leon Luow (Nobel Peace prize nominee)

15. “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)

16. “Instant transactions, no waiting for checks to clear, no chargebacks (merchants will like this), no account freezes (look out Paypal), no international wire transfer fee, no fees of any kind, no minimum balance, no maximum balance, worldwide access, always open, no waiting for business hours to make transactions, no waiting for an account to be approved before transacting, open an account in a few seconds, as easy as email, no bank account needed, extremely poor people can use it, extremely wealthy people can use it, no printing press, no hyper-inflation, no debt limit votes, no bank bailouts, completely voluntary. This sounds like the best payment system in the world!” – Trace Mayer J.D. (a Leading Monetary Expert on Bitcoin and Gold)

17. “The big difference between the tech and real estate bubbles and the crypto bubble is that pizza boys and uber drivers are in the frenzy early before big corporate institutions. The big institutions are not in the space yet and I believe we are only in the 1st inning. Investors shouldn’t lazily compare bubbles that have material differences” – Jamarlin Martin (Founder and CEO of Nubai Ventures, investor and digital media entrepreneur)

18. “Bitcoin, and the ideas behind it, will be a disrupter to the traditional notions of currency. In the end, currency will be better for it.” – Edmund Moy (38th Director of the United States Mint, May 23, 2014)

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19. “Bitcoin would be convenient for people who don’t have a credit card or don’t want to use the cards they have, either don’t want the spouse to see it on the bill or don’t trust giving their number to “porn guys”, or afraid of recurring billing. – Satoshi Nakamoto (Founder of Bitcoin)

20. “Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone.” – Satoshi Nakamoto (Founder of Bitcoin)

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