Never Forget: Bitcoin went from $6500 to $20,000 in under 5 weeks (33 days). After corrections come rallies.
I think that 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, a method whereby on the internet you can transfer funds from A to B without A knowing B or B knowing A. ⇒ Milton Friedman, 1999
People feared electricity
People feared the internet
People feared the first train
People feared the first plane
People feared hedge funds
People feared Bitcoin.
People fear what they don’t understand. Don’t get caught on the wrong side of history.
There are 3 eras of currency: Commodity Based, Politically Based and now Math Based. ⇒ Chris Dixon
Bitcoin will do to banks, what email did to the postal industry. ⇒ Rick Falkvinge
So my view is quite clear, I believe in cryptocurrencies; Bitcoin is the first example, I believe they are going to change the world. ⇒ Richard Brown (Executive Architect of IBM)
We have put our money in a framework free of politics and human error. ⇒ Tyler Winklevoss
In many ways, Bitcoin is the most exciting technology since the internet, we think. ⇒Brain Armstrong (Coinbase CEO)
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 (fiat) can get pretty inconvenient. ⇒ Bill Gates (Founder of Microsoft).
Digital currency is going to be a very powerful thing. ⇒ John Donahoe (CEO of ebay)
Bitcoin is the internet of money, and currency is just the first application. ⇒ Andreas Antonopoulos
The internet wasn’t built in a day. Neither shall the internet of money.
Bitcoin is secured by time and energy, two of the fundamental units of scarcity and value in the universe. Zack Voell
Bitcoin will bring an economic revolution. ⇒ Richard Branson
Think of owning Bitcoin as saving not investing. Savings are to store value pover a long time…Fiat in a bank account is lending to the bank, not storing. ⇒ Espen Gunderson
The internet will have a single currency and I personally believe that it will be Bitcoin. ⇒ Jack Dorsey (CEO Twitter)
Bitcoin is still at an Early Stage. If you hold 0.28 BTC, you’re part of the 1%.
Bitcoin is not ‘unregulated’. It is regulated by algorithm instead of being regulated by government bureaucracies. Hence, Bitcoin is un-corrupted. ⇒ Andreas Antonopoulos
Bitcoin is one of the most tightly regulated currencies on the planet. Fortunately, bitcoin is regulated by algorithms, which are pure; fiat currency is regulated by politicians , who are corruptible. ⇒ Eric Finman
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 (CEO of Google)
What would you have done differently if you learned about the internet in 1991 instead of 2001?…You are among the tiny percentage of people who now know about Bitcoin. ⇒ Andreas Antonopoulos
Most of the smartest thinkers I know are working in the cryptocurrency space. You can call this a bubble or you can educate yourself and try to understand why so many brilliant people are dedicating their lives to this emerging field. ⇒ Jeff Morris jr
As Millennials lose their faith in centralized government and monetary policy where do you think they will store their wealth?
“When I asked why we don’t have a universal currency, my teachers told me it would require every country in the world to agree with one-another”… Amazingly, the one (crypto) we created doesn’t rely on any countries agreeing.
The price of Bitcoin isn’t based on the tech. It’s based on the acceptance of a new and radical idea – money without government. ⇒ Chris Blec
When Crypto rallies, it does so extremely violently; Bitcoin often does its entire annual growth in 5-10 days. Unless you are really good at timing the market, HOLDING is a reasonable strategy.
People have panicked. But there’s no need. We are in a bear market. They suck, yes, and not like a hooker with no teeth. But I’m 73 and have seen this dozens of times in many markets. Bear markets are like Winter. It’s always followed by a glorious Spring. Relax. ⇒ John McAfee
Before people didn’t buy crypto because it was too expensive, now they are not buying it because it’s too cheap. ⇒ Ran Neuner
Soon enough people will beg to buy crypto at these prices; first it was to expensive at $20,000, now it’s to cheap at about $4500. ⇒ Anonymous.
BUY the Dip.