Mark Mobius: Psycho Currencies

Posted by admin on Wednesday, August 21, 2019

Mark Mobius Money Quote saying cryptocurrencies are dependent on faith and it could label believers as crazy – however the same belief is required of fiat currency. Mark Mobius said:
 

Mark Mobius Money Quote
 

“You have all these currencies, new currencies coming into play. I call them ‘psycho currencies,’ because it’s a matter of faith whether you believe in Bitcoin or any of the other cyber-currencies” — Mark Mobius

 
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Jamie Dimon: Spokesperson Against Bitcoin

Posted by admin on Thursday, November 8, 2018

Jamie Dimon Money Quote saying he’s been outspoken in his criticism of Bitcoin and cryptocurrency, but doesn’t want to be quoted and feigns disinterest. Jamie Dimon said:
 

 

“I didn’t want to be the spokesman against bitcoin. I don’t really give a sh*t – that’s the point, OK?” — Jamie Dimon

 
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Jack Dorsey: Single World Currency

Posted by admin on Sunday, April 1, 2018

Jack Dorsey Money Quote saying there will only be one type of currency soon, that will be Bitcoin for all transactions online as well as offline. Jack Dorsey said:
 

 

“The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be Bitcoin” — Jack Dorsey

 
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Paul Singer: Bitcoin Utterly Nothing

Posted by admin on Sunday, March 4, 2018

Paul Singer Money Quote saying pronounces Bitcoin and all cryptocurrencies valueless as founder of $34 Billion Dollar hedge fund, Elliot Management. Paul Singer said:
 

 

“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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Joseph Stiglitz: Bitcoin Money Laundering

Posted by admin on Saturday, February 3, 2018

Joseph Stiglitz Money Quote saying he believes that people want digital currency like Bitcoin only to circumvent the law – so he thinks it will implode without illicit uses. Joseph Stiglitz said:

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“When you regulate it so you couldn’t engage in money laundering, there will be no demand for Bitcoin” — Joseph Stiglitz

Why do people want Bitcoin? For secrecy, according to the economist Joseph Stiglitz. The world's biggest cryptocurrency should be regulated "out of existence," says the Columbia University professor, seen in @sdawsonphoto's portrait. And it exists only because of abuses to the financial system, he's told us at the World Economic Forum in Davos. There's been intense speculation about whether Bitcoin has peaked. It reached as high as $19,511 before Christmas but is now back down around $11,000. #WallStreet #business #bitcoin #cryptocurrency #crypto #currency #forex #money #finance #invest #investment #economics #rich #wealth #millionaire #billionaire #entrepreneur #entrepreneurs #startup #technology #tech #computer #geek #geeks #quote #quotes #quoteoftheday #powerful #successful

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Paul Vigna: Cannot Control Bitcoin System

Posted by admin on Monday, October 23, 2017

Paul Vigna Money Quote saying there’s not a way for governments or banks to control cryptocurrencies and authorities don’t like bitcoin for that reason. Paul Vigna said:
 

 

“The real argument against bitcoin is that it’s a system authorities cannot control” — Paul Vigna

 
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Tony Robbins: Bitcoin Like Vegas

Posted by admin on Sunday, October 1, 2017

Tony Robbins Money Quote saying that because there are lots of risks and because of the volatility in the cryptocurrency market, investing in it is like gambling. Tony Robbins said:
 

 

“I’d take a certain amount of money and I’d go – ‘I know it’s just for fun I’m investing. I know I could lose. This is Vegas. And Bitcoin fits that category for me'” — Tony Robbins

 
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Ray Kurzweil: Bitcoin Instability

Posted by admin on Wednesday, June 21, 2017

Ray Kurzweil Money Quote saying longevity is not best served by volatility in Bitcoin price as a futurist wanting certainty of long term value. Ray Kurzweil said:

We’ve seen tremendous instability with bitcoin, so I wouldn’t put my money into it
— Ray Kurzweil