99 Crypto has been collecting data, statistics and news from the cryptocurrency sector. Through this process, our staff has aggregated over 100 interesting cryptocurrency quotes from notable figures within and outside of the crypto-world. This includes technology entrepreneurs mentioning blockchain, finance experts dicussing Ethereum, and politicians talking about the implications of Bitcoin. As is to be expected, some of these quotes about cryptocurrency shine a bright light on its future, whereas others denounce it. It's rather intriguing to see where these famous people stand!
-Richard Branson (Founder - Virgin Group, Philanthropist)
"Being able to securely store it and still have easy access to your money is the holy grail of crypto. Once we solve that, then it could take over."
(Founder of Litecoin - Top 10 Cryptocurrency by Market Cap)
"I think the fact that within the bitcoin universe an algorithm replaces the function of the goverment …[that] is actually pretty cool."
(American Politician & Philanthropist)
"[Bitcoin] is a very exciting development, it might lead to a world currency."
(Technology Entrepreneur @ MegaUpload / Mega)
"[Bitcoin & Cryptocurrency] should be perfectly legal."
(American Politician & Philanthropist)
"[Cryptocurrency] will be everywhere and the world will have to readjust."
(Cyber Security Founder of McAfee)
"Does it scare me? Of course, but the technology is real .. Legitimate ICOs & 'Altcoin' have become way to invest in innovative blockchain projects."
(Founder @ Impressions - #20 Fastest Growing Software Firm 2017)
[In relation to Blockchain] "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."
(Executive Chairman @ Alphabet, previously Google)
"Bitcoin actually has the balance and incentives center, and that is why it is starting to take off"
(Founder @ WikiLeaks)
"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."
(Founder @ Microsoft)
"It's clear to me now that Ethereum is the new currency of the Internet. It's way ahead of where Paypal was in its day, and it's much more exciting to its customers than Paypal ever was."
(Serial Entrepreneur @ Fastly, Wikia, Ebay, etc.)
"Stay away from it. It’s a mirage, basically."
(CEO @ Berkshire Hathaway, Philanthropist, 'Oracle of Omaha')
"We have elected to put our money and faith in a mathematical framework that is free of politics and human error."
(Principal @ Winklevoss Capital, Possible Founder of Facebook)
"The Federal Reserve simply does not have authority to supervise or regulate bitcoin in any way."
"It’s very hard to use, and that’s the big challenge on the Bitcoin side."
"It's gold for nerds."
"The bitcoin world is this new ecosystem where .. it doesn’t cost much to start owning bitcoin either."
"Bitcoin is evil."
"The internet is going to be one of the major forces for reducing government. The one thing that’s missing .. is e-cash."
"Bitcoin is cyber snob currency"
"[Bitcoin] is a good investment vehicle if you have an appetite for risk."
"At our venture firm, we continue to see an escalating stream of fascinating new Bitcoin uses cases and applications from entrepeneurs."
"[Cryptocurrency] may hold long-term promise, particularly if the innovations promote a faster, more secure and more efficient payment system."
"Yet [Bitcoin] derided as a toy, just like microcomputers."
"I love seeing new services constantly starting to accept Bitcoin."
"Bitcoin [has] value because it is useful and scarce."
"Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential."
"I own Bitcoins."
"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"
"The ability to spend a coin that only occurs when 2 separate parties agree to spend the coin; with a 3rd party that couldn't run away with the coin itself." Bitcoin
"You can conceivably trade anything using Ethereum, but this is not Ethereum’s strength in comparison to other cryptocurrencies"
"Bitcoin [is] much like we have SMTP for email, HTTP for webpages and XMPP for chat all on top of TCP as a common underlying data layer."
"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."
"I really like Bitcoin."
"It is not a speculative investment even though it is being used as such by other people."
"The benefit of Ethereum is [sic] it’s coding language which specifically targets it for automated transactions and contracts."
"You do need some kind of alternative and Bitcoin fits the bill."
"[Bitcoin] is 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."
"Cryptocurrency design would work best if protocols split off into different layers."
"I think Bitcoin has succeeded on the level of a new currency, but the payment system is somewhat lacking."
"It’s rather the computing language that allows the smart contracts to exist that makes Ethereum more valuable than BTC"
"[Bitcoin] has all the signs [of a] paradigm shift."
"[Bitcoin] is a remarkable cryptographic achievement."
"Bitcoin enables certain uses that are very unique."
"Cryptocurrency is such a powerful concept that it can almost overturn governments."
"I think Bitcoin offers possibilities that no other currency allows."
"The bitcoin world is this new ecosystem where .. it is a much more efficient way of moving money around the world."
"[Bitcoin] is a store of value, a distributed ledger."
"Cryptocurrency Protocols Are Like Onions"
"I think over the next decade [Bitcoin] will grow to become one of the most important ways to pay for things and transfer assets."
"It's going to be alternative currencies like bitcoin and it's not actually going to be a banking system"
"The bitcoin world is this new ecosystem where it doesn’t cost that much to start a new bitcoin company."
"[Bitcoin] is a very modern notion that exploits the power of the long tail."
"Bitcoin is a technological tour de force."
"Cryptology represents the future of privacy [and] by implication [it] also represents the future of money, and the future of banking and finance." Bitcoin
"[Bitcoin] is actually pretty cool."
"DOGECOIN: How A Thing That Started As A Joke Became The Hottest Digital Currency In The World 2013"
"Like Bitcoin, there is little stopping Ethereum from being an alternative currency to fiat and commodity currencies."
"[Bitcoin] is volatile, but people make money off of volatility too."
"I think that government should stay out of [Cryptocurrency]"
"Bitcoin is exciting because it shows how cheap it can be."
"Economists and journalists often get caught up in this question: Why does Bitcoin have value?"
"I understand the political ramifications of [Bitcoin]"
"My vision is people would use Litecoin every day to buy things. It would just be the payment method of choice."
"The relative success of the bitcoin proves that money first and foremost depends on trust."
"Bitcoin is really becoming 'the currency of the Internet.'"
"Every informed person needs to know about Bitcoin "
"I’m a computer scientist, I thought that was impossible. These guys have proved it can be done."
"Neither gold nor bonds are needed to back up a currency."
"There are 3 eras of currency: Commodity based, politically based, and now, math based."
"[Bitcoin] won’t be a currency until volatility slows down."
"Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative."
"Gold is a great way to preserve wealth, but it is hard to move around." Cryptocurrency
"if you believe that the demand for Ethereum will be higher in .. ten years, then you need not worry about fluctuations [now]."
"Obviously, this is a very interesting time to be in Bitcoin center now."
"There is so much potential, .. I am just waiting for it to be a billion dollar industry."
"Bitcoin is the currency of resistance."
"Governments have spent trillions of dollars bailing out a system called banking [sic], when the future of finance is peer-to-peer." Bitcoin
"If you guys want proof Bitcoin is real, send them to me, I’ll cash them out and feed homeless people."
"One Bitcoin will feed over 40 homeless people in Pensacola center now."
"They [Governments] can’t destroy Bitcoin."
"In the long-term Cryptocurrency devalues [Fiat] currencies."
"Bitcoin is the most important invention in the history of the world since the Internet."
"Hackers love [Bitcoin]".
"If you were to be a long-term investor in Ethereum, you have to focus on the long-term timeline, with short-term volatility being a necessary even to find traction within the market"
"Other next-generation protocols can be built on top of Bitcoin"
"Virgin Galactic is ... driving a revolution. And bitcoin is doing just the same when it comes to inventing a new currency.
"[Governments] could really slow things down by making [Bitcoin] exchange much more difficult."
"Bitcoin is to be thought of as a sort of TCP/IP of the cryptocurrency ecosystem"
"I am very intrigued by Bitcoin."
"I'm most concerned by possible government reactions to Bitcoin."
"PayPal had these goals of creating a new currency. We failed at that, and we just created a new payment system."
"Are we having a lot of fun, helping great causes and spreading the digital currency word in the process? Yes we are."
"Bitcoin may be the TCP/IP of money."
"I am a big fan of Bitcoin"
"I'm not surprised to see [Bitcoin] happening."
"People have made fortunes off Bitcoin, some have lost money."
"We need a long time to establish confidence." Bitcoin
"As Bitcoin network grows the value of Bitcoin grows."
"Bitcoin might be one of the world’s most important developments."
"I am not familiar with the specific product to assert whether it is the best potential setup." Bitcoin
"In essence, the fundamental benefits of investing into Ethereum is ... it’s anonymity."
"People think you have to buy one whole Bitcoin or one whole Litecoin. People didn't realize you can actually buy a small portion of a Bitcoin."
"What can't kill Bitcoin, makes it (us) stronger."
"As people move into Bitcoin for payments and receipts they stop using US Dollars, Euros and Chinese Yuan"
"Bitcoin seems to be a very promising idea."
"I believe that cryptocurrency will take over fiat currency and become the reserve currency."
"In essence, the fundamental benefits of investing into Ethereum is ... it’s divisibility."
"Perhaps if we pool our Dogecoin together we can build a Dogeyacht and sail the world, just saying"
"When bitcoin currency is converted from currency into cash, that interface has to remain under some regulatory safeguards."
"As the value goes up, heads start to swivel and skeptics begin to soften."
-Adam B Levine
"Bitcoin will do to banks what email did to the postal industry"
"I do think Bitcoin is the first [cryptocurrency] that has the potential to do something like change the world."
"In essence, the fundamental benefits of investing into Ethereum is the cryptographic nature."
"When I first heard about Bitcoin, I thought it was impossible."
"At its core, bitcoin is a smart currency, designed by very forward-thinking engineers."
"Bitcoin, and the ideas behind it, will be a disrupter to the traditional notions of currency."
-Edmund C. Moy
"I fear that there's going to be a huge crash in the whole ICO market, sometime soon."
"In the end, currency will be better for it." Cryptocurrency
-Edmund C. Moy
"Starting a new currency is easy, anyone can do it. The trick is getting people to accept it, because it is their use that gives the 'money' value."
-Adam B Levine
"Who knows what the future is going suggest to us as money, once we see digital currencies [cryptocurrency] as ordinary."
"Bitcoin, crypto currencies, solved this problem of coming to a consensus globally where you don’t trust anybody else. "
"I like the idea of basing security on the assumption that the CPU power of honest participants outweighs that of the attacker." Cryptocurrency
"In the long term Bitcoin moves above $500,000 within three years. Bets?"
"Will people be buying yachts with their Dogecoin riches some day? Probably not."