It is well enough that the people of the nation do not understand our banking and monetary system for, if they did, I believe there would be a revolution before tomorrow morning.
Bitcoin represents the first major breakthrough in economics and finance since double-entry bookkeeping was invented in 1494, and activists need to embrace its power.
This is not a Budget, but a revolution; a social and political revolution of the first magnitude.
5th Earl of Rosebery
Bitcoin as an asset class is brilliant, as a means of payment, fantastic.
Bitcoin is a technological tour de force
Bitcoin woke us all up to a new way to pay, and culturally, I think a much larger percentage of us have become accustomed to the idea that money no longer comes with the friction it once had.
Bitcoin may be the TCP/IP of money.
The French Revolution printed money because they didn't have any, so they just printed it, and this was a revolutionary step which of course we are still reaping the huge consequences of today. It struck me that this was beginning to happen...there had been scandals where shares had been printed.
Bitcoin is not currency; it's the internet of money!
I am really surprised bitcoin isn't more popular in India, given the strong gold culture here. I call it Gold 2.0. It has all the attributes other than the fact that it isn't tangible, and tangibility is less important in the digital age.
The changing nature of money is only one facet of the financial services revolution.
We see bitcoin as potentially the greatest social network of all.
You can't stop things like Bitcoin. [...]. It's like trying to stop gunpowder.
Towards the end of the eighteenth century the industrial-financial revolution began.
It's up to the person who's being creative to find ways to emerge and shake up the world of wealth.
To shut down Bitcoin is to shut down the Internet.
The Internet of Money, bitcoin, is releasing 50 yrs. of pent up innovation in finance, because it offers innovation without permission.
I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world.
I don't think it's any sort of stretch of the imagination to say that, very, very realistically, each single bitcoin, if bitcoin becomes popular, will have to be worth at least tens of thousands of dollars.
We had a mission at PayPal - which was to create a new financial system, a new world currency, and we failed. We were a financial success, but we didn't succeed at the purpose of our company.
When the Internet first launched, you had all these newspapers saying that the Internet was only used by bad people, to do bad things and what was the point of it. But the Internet changed everything, just like Bitcoin will.
Bitcoin and digital currency is just this thing that was always going to happen.
Bitcoin actually has the balance and incentives right, and that is why it is starting to take off.
Bitcoin is getting there. But it’s not there yet. When it gets there, expect governments to panic and society to be reshaped into something where governments cannot rely on taxing income nor wealth for running their operations.
Bitcoin will do to banks what email did to the postal industry.
