The popularity of bitcoin has triggered reactions from various interested quarters over the years. Influential people have sought to join the conversation and offer their input. Professionals, experts, authorities and many others have had their say about bitcoin in diverse platforms. I think over the next decade it will grow to become one of the most important ways to pay for things and transfer assets.
I own Bitcoins.
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I am a big fan of Bitcoin. It has all the signs.
Just like microcomputers. It will be everywhere and the world will have to readjust. World governments will have to readjust. There would be a hacker uproar to anyone who attempted to take credit for the patent of cryptocurrency. Gox, it is the willingness of a new generation of Bitcoin companies to work together to ensure the future of Bitcoin and the security of customer funds. I like the idea of basing security on the assumption that the CPU power of honest participants outweighs that of the attacker. It is a very modern notion that exploits the power of the long tail.
I think it offers possibilities that no other currency allows. Bitcoin is merely the first mainstream manifestation of its potential.
Starting a new currency is easy, anyone can do it. 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.
Here are Buffett's 16 best quotes about Bitcoin and crypto, edited and condensed for clarity:
In the end, currency will be better for it. Markets Pre-Markets U. Ryan Browne Fri, Mar 26th Former top currency regulator on Powell's comments about crypto risks. Fidelity applies to launch a bitcoin ETF. Arielle Berger Thu, Mar 25th Fidelity will launch crypto ETF. Kate Rooney Thu, Mar 25th Bitcoin is a legitimate asset but full adoption has a ways to go: Asset manager. Fidelity to launch bitcoin ETF as the firm builds its digital asset business. VIDEO Closing Bell. Josh Brown discusses whether it's smart for Tesla to allow bitcoin transactions. Personal Finance.
But it could mean a tax bill. Crypto firm Blockchain.
20 quotes on cryptocurrencies, bitcoin and blockchain
Squawk Box. Elon Musk says customers can buy a Tesla with bitcoin. The big institutions are not in the space yet and I believe we are only in the 1st inning. How can you have a purely digital currency? This will lead to mass adoption of bitcoin among that populace. Believers can bet on its rise, and Dimon is welcome to take the other side, he said.
Elon Musk, Bill Gates and Janet Yellen are sending bitcoin tumbling
We failed at that, and we just created a new payment system. I think Bitcoin has succeeded on the level of a new currency, but the payment system is somewhat lacking. Bitcoin is merely the first mainstream manifestation of its potential.