Today, we will be looking at some amazing top Bitcoin facts and quotes.
Bitcoin was born out of the need to have money that is not controlled by the government.
It is decentralized; in other words, it cannot be controlled by anyone be it the government, institutions, individuals, not even Nakamoto himself.
Sending and receiving Bitcoins is as easy as sending and receiving an email; it is also anonymous.
Bitcoins have also seen an increase in adoption as it can now be used to pay for school fees, hotel bills, software, cars, etc.
Bitcoins at the time of this post( 20th Jan. 2020) is at $8,579.38 per Bitcoin(as seen on CMC).
I listed the famous quotes on Bitcoin by the world’s most influential people below.
Just scroll down and read through.
Top Bitcoin Quotes
I will start with the quote by Prof. Milton Friedman — a Noble Prize winner in Economics.
“I think the internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing but that will soon be developed is a reliable e-cash.”
Friedman said this in 1999, and nine years later, Bitcoin was born.
After the invention of Bitcoin, so many prominent people have said interesting things about Bitcoin.
But today, I will state the top 11 Bitcoin quotes.
1. Al Gore
Gore is the 45th Vice President of the United States. he declared himself a Bitcoin lover with this quote:
“I think the fact that within the Bitcoin universe an algorithm replaces the functions of the government is actually pretty cool. I am a big fan of Bitcoin.”
2. John McAfee
McAfee is a computer programmer and the founder of McAfee Associates, a software company.
“You can’t stop things like Bitcoin. It will be everywhere and the world will have to readjust. World governments will have to readjust.”
3. Peter Thiel
Thiel is the co-founder of Paypal. He said:
“I do think Bitcoin is the first encrypted money that has the potential to do something like change the world.”
4. Jeff Garzik
Garzik is a software engineer and a former Bitcoin Core code contributor. He is also the founder of Dunvegan space systems.
“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.”
Luow is a Nobel Peace Prize nominee who said:
“Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments.”
6. Jason King
King is a blockchain visionary who founded Unsung, a platform that caters to the hungry and homeless. He said:
“Hey, obviously this is a very interesting time to be in Bitcoin right now, but if you guys want to argue over whether this is reality or not, one Bitcoin will feed over 40 homeless people in Pensacola right now. If you guys want proof Bitcoin is real, send them to me, I’ll cash them out and feed homeless people.”
7. Peter Diamandis
Diamandis is the founder and chairman of the X Prize Foundation. Below is his quote about Bitcoin:
“At its core, Bitcoin is a smart currency, designed by very forward-thinking engineers. 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… all good things.”
8. Roger Ver
Ver is a Bitcoin enthusiast who was nicknamed ‘Bitcoin Jesus.’ He is currently the CEO of Bitcoin.com and now supports Bitcoin Cash.
“Bitcoin is the most important invention in the history of the world since the Internet.”
9. Jim Rickards
Jim is an American lawyer, Economist, and Investment Banker.
“Gold is a great way to preserve wealth, but it is hard to move around. You do need some kind of alternative and Bitcoin fits the bill. I’m not surprised to see that happening.”
10. Bill Gates
He is the co-founder of Microsoft. Microsoft now accepts Bitcoin for payment.
“Bitcoin is a technological tour de force.”
11. Trace Mayer J.D.
Trace is a leading Monetary Expert on Bitcoin and Gold. He said:
“Instant transactions, no waiting for checks to clear, no chargebacks, no account freezes, no international wire transfer fee, no fees of any kind, no minimum balance, no maximum balance, worldwide access, always open, no waiting for business hours to make transactions, no waiting for an account to be approved before transacting, open an account in a few seconds, as easy as email, no bank account needed, extremely poor people can use it, extremely wealthy people can use it, no printing press, no hyperinflation, no debt limit votes, no bank bailouts, completely voluntary. This sounds like the best payment system in the world.”
Asides the quotes, there is more!
Just scroll down.
24 Amazing Bitcoin Facts
You will love this infographic put together by the Coinspeaker.com team.
I was ‘wowed’ when I went through it.
You are experiencing the ‘wow’ effect now, right? Told ya you would.
And I also know this has added to your knowledge of Bitcoin too.
Or if you are still in doubt about something you read, just ask me, I can be of great help.
And yes…the quotes! Which of them interests you the most?
Let’s talk about it in the comment section below.
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To build more on your knowledge of Bitcoin, read these well-articulated posts:
- Bitcoin At A Glance — All You Need To Know About The #1 Cryptocurrency
- Bitcoin Mining Explained — A Beginner’s Guide
- 10 Best Exchanges to Buy/Sell Bitcoin in Nigeria
- The Ultimate Guide to Bitcoin Wallets(2020 Update)
- 12 Proven Ways to Earn Bitcoins for Free in 2020 and Beyond
Vitalik Buterin Bitcoin Magazine
Bitcoin Foundation #BlackLivesMatter
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35 Amazing Bitcoin Quotes and Facts For Every Bitcoin User was originally published in The Capital on Medium, where people are continuing the conversation by highlighting and responding to this story.