Bitcoin is the future, the way of the future, and the currency of those who think about the potential of technology and how it can transform the financial sector. Bitcoin is a decentralized digital currency that does not have a central bank or administrator.
It can be sent directly from one user to another on the peer-to–peer bitcoin network, without intermediaries. Through cryptography, transactions are verified by network nodes and stored in a public distributed ledger (a blockchain). Satoshi Nakamoto (an unknown person or group) invented the cryptocurrency in 2008.
It was first used in 2009, when it was made open-source software. Bitcoins are created in reward for mining. You can exchange them for products and services or currencies. However, the real-world value is highly volatile. These Bitcoins may be yours. Quotes On You can be inspired by success to do what you love and live the life you desire.
Bitcoin woke us all up to a new way to pay, and culturally, I think a much larger percentage of us have become accustomed to the idea that money no longer comes with the friction it once had.” John Battelle
To make our world a better place, we need to build products that the corrupt cannot abuse – Bitcoin is the best example of that.” Olawale Daniel
Bitcoin is amazingly transformative because it’s the first time in the entire history of the world in which anybody can now send or receive any amount of money, with anyone else, anywhere on the planet, without having to ask permission from any bank or government.” Roger Ver
Bitcoin is really a fascinating example of how human beings create value, and is not always rational, it is not a rational currency in that case.” Alan Greenspan
Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value.” Eric Schmidt
When I first heard about Bitcoin, I thought it was impossible. How is it possible to have a completely digital currency? Can’t I just copy your hard drive and have your Bitcoin? I didn’t understand how that could be done, and then I looked into it and it was brilliant.” Jeff Garzik
Bitcoin is a very exciting development, it might lead to a world currency. I think over the next decade it will grow to become one of the most important ways to pay for things and transfer assets.” Kim Dotcom
Bitcoin is absolutely the Wild West of finance, and thank goodness. It’s a great platform for entrepreneurs and adventurers. It is the frontier. Huge amounts of wealth will be created and destroyed as this new landscape is mapped out.” Erik Voorhees
Think of Bitcoin as a bank account in the cloud, and it’s completely decentralized: not the Swiss government, not the American government. It’s all the participants in the network enforcing.” Naval Ravikant
Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments.” Leon Luow
I want to help create the world’s first global currency built on the Internet and built on open platforms and standards such as Bitcoin, and I want to build a financial services institution on top of that. That’s what I’m doing with Circle.” Jeremy Allaire
Bitcoin, in the short or even long term, may turn out be a good investment in the same way that anything that is rare can be considered valuable. Just like baseball cards. Or a Picasso.” Andrew Ross Sorkin
There may be other currencies like it that may be even better. But in the meantime, there’s a big industry around Bitcoin.” Richard Branson
Bitcoin, and the ideas behind it, will be a disruptor to the traditional notions of currency. In the end, currency will be better for it.” Edmund C. Moy
At its core, Bitcoin is 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
If we remember, fifteen years ago if you were doing anything on the internet you were going to make millions. I think it could be the same with Bitcoin.” Jared Kenna
You can’t stop things like Bitcoin. It will be everywhere, and the world will need to adjust. World governments will have to readjust.” John McAfee
Bitcoin was created to serve a highly political intent. A free and uncensored network where all can participate with equal access.” Amir Takki
People have made fortunes off Bitcoin, some have lost money. It is volatile, but people make money off of volatility too.” Richard Branson
I have invested in Bitcoin because I believe in its potential, the capacity it has to transform global payments is very exciting.” Richard Branson
Virgin Galactic is a bold entrepreneurial technology. It’s driving a revolution and Bitcoin is doing just the same when it comes to inventing a new currency.” Richard Branson
The divine line ‘Bitcoin/Cryptocurrency is for criminals’ is a cunning defensive strategy created by so called traditional financial services sector.” Mohith Agadi
Bitcoin was so desired by people that they wished it to exist, they even vowed to bring it back. That showed me how passionate this community was about it.” Adam Draper
Bitcoin was feared by many because you had to place your money on an unregulated offshore platform, which has been monitored by the Fed and cut off by banks. We are looking to remove the pain points and create a way to invest that is faster and more secure.” Barry Silbert
It is important that people have a natural way to obtain Bitcoins. They can do this through their pay check or other activities so they can spend them. It’s much better if the Bitcoin economy is a self-contained thing.” Gavin Andresen
