“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.”
"As computers get faster and the total computing power applied to creating bitcoins increases, the difficulty increases proportionally to keep the total new production constant. Thus, it is known in advance how many new bitcoins will be created every year in the future. Coins have to get initially distributed somehow, and a constant rate seems like the best formula."
"Cryptocurrency is such a powerful concept that it can almost overturn governments.”
"I believe that cryptocurrency will take over fiat currency and become the reserve currency."
“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”
“We have elected to put our money and faith in a mathematical framework that is free of politics and human error.”
"Bitcoins are like gold bars with wings. That is why I, and so many others, view bitcoin and its network as gold 2.0."
"We see bitcoin as potentially the greatest social network of all."
"I remember when people called Facebook a fad."
“Bitcoin will do to banks what email did to the postal industry.”
"The supply of bitcoin is limited, and on a timescale of years, it is fairly constant. Nobody will issue more bitcoin to meet demand. This means that as more people exchange national currencies for bitcoin, the value of one bitcoin rises."
“There is a famous scene in the matrix where Morpheus asks Neo if he wants to take the blue pill and go back to life as he knows it or take the red pill and see life as it is. Neo takes the red pill and begins a period of exploration about humanity, hierarchy, rules, etc. Bitcoin is a red pill. There will be some bad and awkward moments, but lots of good, useful and powerful things will also ensue. It will reallocate financial strength and power to the people versus keeping it within a few centralized authorities. I am hopeful that Bitcoin prevails. The world needs more red pills.”
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