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Quotes tagged ‘Bitcoin’

(19 total)

Bitcoin is sort of hedge of sorts against the whole world falling apart.

While Bitcoin mining may not be labor intensive, it diverts time, energy and capital from other, more productive activities that economists say could fuel faster growth.

— Binyamin Appelbaum, nytimes.com

If I had a penny for every crashing crypto, I would have a bitcoin.

— tardypost, reddit.com

A boy asked his bitcoin-investing dad for 1 bitcoin for his birthday. Dad: What? $6,244??? $5,354 is a lot of money! What do you need $3,782 for anyway?

— lambasoft, reddit.com

I say if you do not become a millionaire in the next 10 years, then it’s your own fault.

— Erik Finman, nypost.com

Cameron and Tyler Winklevoss, the twin brothers who became billionaires after the run-up in the price of Bitcoin and other digital assets toward the end of last year, have seen their fortunes drop 37 percent in the past month as the cryptocurrency plunged.

— Tom Metcalf, bloomberg.com

U.S. dollars are not backed by anything other than the faith of the fools who accept it as payment and of other fools who agree in turn to accept it as payment from them. The main difference is that, for the moment at least, the illusion, in the case of dollars, is more widely and more fiercely beli…

— Maria Bustillos, medium.com

The decentralized revolution, which Bitcoin has remained the poster child of, is a response to the breakdown of trust.

— Michael Novogratz, youtube.com

On the other hand, when I step back I'm like wait a minute, the whole market cap of all the cryptos is $300 billion dollars. That's nothing. The NASDAQ at its high in the 1999 bubble was $6 trillion.

— Michael Novogratz, cnbc.com

A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.

— Satoshi Nakamoto, nakamotoinstitute.org

We have to trust them with our privacy, trust them not to let identity thieves drain our accounts.

— Satoshi Nakamoto, p2pfoundation.ning.com

Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.

— Satoshi Nakamoto, p2pfoundation.ning.com

The root problem with conventional currency is all the trust that's required to make it work.

— Satoshi Nakamoto, p2pfoundation.ning.com

Its not because they write, oh the bankers are defending their stuff. That's absolutely not true. If Bitcoin works then we'll do something there too.

— Jamie Dimon, youtube.com

One of the most popular ways to short bitcoin is through CFDs, a derivative that mirrors the movements of the asset. It’s a contract between the client and the broker, where the buyer and seller of the CFD agree to settle any rise or drop in prices in cash on the contract date.

— Camila Russo, bloomberg.com

Cumberland, DRW’s digital-currency unit, says it has traded more than $20 billion worth of bitcoin, ethereum and other cryptocurrencies in the past year.

— Alexander Osipovich, wsj.com

I am long bitcoin.

— Antony Jenkins, qz.com

Governments, the first thing they do is form a currency. They like to control the currency. They control it through a central bank. They also like to know who has it, where it is, where it's going.

— Jamie Dimon, youtube.com

My daughter bought some bitcoin, it went up and she thinks she's a genius now.

— Jamie Dimon, youtube.com

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