Fintech, Financial Technology, Bitcoin Quotes
A collection of quotes related to fintech and cryptocurrency from public figures. Some of the key points include views on bitcoin, cryptocurrency regulation, the future of digital and cashless payments, blockchain technology, and the changing landscape of the financial industry.
“I’m a big fan of Bitcoin … Regulation of money supply needs to be depoliticized” — Al Gore
“A cryptocurrency is not a currency, not a commodity, and not a security. Instead, it’s a gambling contract with a nearly 100% edge for the house” — Charlie Munger
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“Stablecoins are like money market funds, they’re like bank deposits. But they’re to some extent outside the regulatory perimeter, and it’s appropriate that they be regulated” — Jerome Powell
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“New York state is leading on climate change, and we have some major concerns about the role cryptocurrency mining may play in generating additional greenhouse gas emissions” — Basil Seggos
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“Bitcoin changes absolutely everything, I don’t think there is anything more important in my lifetime to work on. If I were not at Square or Twitter, I would be working on bitcoin. If [bitcoin] needed more help than Square or Twitter, I would leave them for bitcoin. But, I believe both companies have a role to play” — Jack Dorsey
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“Bitcoin is a technological tour de force” — Bill Gates
“The biggest threats to American sovereignty are invisible digital dollars wired into U.S. election campaigns from abroad” — Robert Reich
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“Bitcoin is a remarkable cryptographic achievement and the ability to create something which is not duplicable in the digital world has enormous value” — Eric Schmidt
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[wpdex]
When you regulate it so you couldn’t engage in money laundering, there will be no demand for Bitcoin — Joseph Stiglitz
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Crypto currencies, everything you don’t understand about money combined about everything you don’t understand about computers
— John Oliver
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“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity” — Donald Trump
“Facebook Libra’s ‘virtual currency’ will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks” — Donald J. Trump
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If privately issued virtual currencies remain risky and unstable, citizens may even call on central banks to provide digital forms of legal tender
— Christine Lagarde
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“Citizens may one day prefer virtual currencies, since they potentially offer the same cost and convenience as cash—no settlement risks, no clearing delays, no central registration, no intermediary to check accounts and identities” — Christine Lagarde
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“The real argument against bitcoin is that it’s a system authorities cannot control” — Paul Vigna
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“Currencies of all kind are digitizing, checks are disappearing although 85% of the worlds transactions are still in cash, they’re increasingly digitizing. So you’ve got money in general digitizing and whether that be in the form of cards, digitized or actually currency itself will start to digitize as well” — Dan Schulman
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“If it’s not bitcoin, it’ll be something. The future of commerce is going to be all electronic. The gold standard was a fine idea, but electronic changes of funds and credits will be the future” — Bill Nye
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“There’s going to be more change in the financial services industry in the next 5 years than there’s been in the last 30” — Dan Schulman
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“Rather than to stay at the margins of the finance industry blockchain will become the beating heart of it” — Giancarlo Bruno
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“Since Bitcoin and its cousins are, at the core, absolutely and utterly nothing, there is no limit on Bitcoin supply except the outer boundaries of human folly” — Paul Singer
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“Consumers are increasingly judging their digital banking experience to the offerings from companies such as Amazon, Facebook, Google, Uber and Apple” — Jim Marous
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“Every company is becoming a tech company, and we have this thesis that every company needs to be a financial services company, too” — David Hockey
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“The future of money and your phone will coincide… the mobile wallet will become a reality” – Raman Bhatia
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“A cashless economy is secure, it is clean. You have a leadership role to play in taking India towards an increasingly digital economy” — Narendra Modi
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“The more cashless our society becomes, the more our moral compass slips” — Dan Ariely
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“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust” — Satoshi Nakamoto
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“There are more people in the world who need a currency they can trust than there are people in the who can trust their currency” — Wences Cesares (Xapo CEO)
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“We do not interpret bitcoin’s popularity as having a relationship with the public’s view of the Federal Reserve’s conduct of monetary policy” — Janet Yellen
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“You can’t stop things like Bitcoin … It’s like trying to stop gunpowder” — John McAfee
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“Bitcoin actually has the balance and incentives right and that is why it is starting to take off” — Julian Assange
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“Of our 49 billion, we haven’t moved any to Bitcoin” — Warren Buffett
“Bitcoin, generally, is a great idea. Keeping wallets on smartphones is the worst idea of the decade” — John McAfee
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“Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments” — Leon Louw
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“Bitcoin might revolutionise more than money or economics. It could transform the role and nature of government” — Leon Louw
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“I understand the political ramifications of [bitcoin] and I think that government should stay out of them and they should be perfectly legal” — Ron Paul
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“The relative success of the bitcoin proves that money first and foremost depends on trust. Neither gold nor bonds are needed to back up a currency” — Arnon Grunberg
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“Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative” — Nassim Taleb
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“Greece bankruptcy will trigger a market crash. My advice: Buy Bitcoin & Gold, Both will rise when the markets crash” — Kim Dotcom
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