There is no doubt that the brain behind Bitcoin is fast forward-thinking engineers which have led to the launching of a smart currency to drive radical breakthroughs for the benefit of the whole world. Interestingly, everyone has a different opinion about Blockchain technology which depicts skepticism but logically, if it weren’t a big deal, it shouldn’t have been a thing to be attached great importance to or a center of discussion. some of those people have granted us with great crypto quotes last year.
Fortunately, many renowned and prominent leaders in persons of scientist, Entrepreneur, founders of notable organizations and businesses, CEOs, and economist have deliberated on Bitcoin. To them, it’s indeed a paradigm shift and a decentralized digital currency that is driving a revolution. Here are some words from world leaders that establish the authenticity of Bitcoin.
2017 Best Crypto Quotes – PART A
“Digital currency is going to be a very powerful thing”
“We have elected to put our money and faith in a mathematical framework that is free of politics and human error”
“With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless”
“Had you asked me five years ago, I would just say it was impossible. Bitcoin and cryptocurrencies solved this problem of coming to a consensus globally where you don’t trust anybody else”
Richard Brown, Chief Technology Officer at Corda and Former Executive Architect at IBM | Link
“We believe that Bitcoin represents something fundamental and powerful … It reminds us of SMTP, HTTP, RSS, and BitTorrent in its architecture and openness”
“It represents a remarkable conceptual and technical achievement, which may well be used by existing financial institutions (which could issue their own bitcoins) or even by governments themselves”
François R. Velde, Economist, Federal Reserve | Link
“All the things that gold does, Bitcoin kind of does better”
“Digital currencies have immense potential to improve human welfare by strengthening the capacity of governments to deliver more responsive services and secure the rights of their citizens to property, identity, and increased financial inclusion”
Brian Forde, Director of Digital Currency, Initiative at MIT Media Lab | Link
“Economists and journalists often get caught up in this question: Why does Bitcoin have value? And the answer is very easy. Because it is useful and scarce.”
Erik Voorhees, Co-Founder of Coinapult and CEO/Founder of ShapeShift.io | Link
“Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has an enormous value”
Eric Schmidt, Former CEO of Google and Executive Chairman of Alphabet Inc | Link
“It’s a store of value, a distributed ledger. It’s a great place to put assets, especially in places like Argentina with 40 percent inflation, where $1 today is worth 60 cents in a year, and a government’s currency does not hold value. It’s also a good investment vehicle if you have an appetite for risk. But it won’t be a currency until volatility slows down.”
Here are simple logical meaning and a good representation of Bitcoin and of course, there are confirmations from world leaders which stipulate that Bitcoin has come to stay.
2017 Best Crypto Quotes – PART B
“So first of all, why can’t you also sell money? Why not? It’s the same. The reason you can’t sell money is that you are very worried and want a mediating party to handle the risks. Prevent theft all that stuff. That’s why banks exist. Are banks doomed to eventually disappear? The answer is yes! Should this be done tomorrow and should it be done via Bitcoin? That is a question. But the truth is that what I just said is what propelling Bitcoin upward.”
Benjamin Netanyahu, Israeli Prime Minister | Link
“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 a software company McAfee associates| Link
“I think it is working. There will be other currencies like it that may even be better but in the meantime, there is a big industry around Bitcoin”
Sir Richard Branson, Founder of Virgin Group | Link
“When Bitcoin currency is converted from currency into cash that interferes has to remain under some regulatory safeguards. I think the fact that within the Bitcoin universe an algorithm replaces the function of the government [that] is actually pretty cool”
Albert Gore, 45th Vice president of the United State | Link
“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 at 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 Inc. and Managing Partner at Founders fund | Link
“Bitcoin will destroy the global Elite, give power back to people”
Keanu Reeves | Link
“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, CEO of Bloq | Link
“I haven’t invested in it. I’ve talked to a lot of people who have. It’s obviously highly speculative but it’s not something that’s inherently bad. It’s a natural consequence of the whole blockchain technology.”
James Gorman, Morgan Stanley CEO | Link
One of the natural consequences of the increase in technology in the present world today is the invention and development of Bitcoin which tends to be very exciting. Stating the obvious, it might end up being a world currency. It would be so overwhelming that in the next decade, would grow to become one of the most relevant means of transaction.
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