Jack Dorsey: Single World Currency

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

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

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

A post shared by Bloomberg (@bloombergbusiness) on Jan 23, 2018 at 11:29pm PST

Paul Vigna: Cannot Control Bitcoin System

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

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

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

Andreas Antonopoulos: Bitcoin Sewer Rat

Andreas Antonopoulos Money Quote saying bitcoin has been exposed to attacks and injuries which lead to antibodies and immunity to attack. Andreas Antonopoulos said:

Bitcoin is a sewer rat. It’s missing a leg. Its snout was badly mangled in an accident in last year. It’s not allergic to anything. In fact, it’s probably got a couple of strains of bubonic plague on it which it treats like a common cold. You have a system that is antifragile and dynamic and robust
— Andreas Antonopoulos

Wences Cesares: Trust in Currency Value

Wences Cesares (Xapo CEO) Money Quotation saying there are many countries where the currency is devalued by governments and their citizens don’t trust that the money will remain at that value. Wences Cesares, Xapo CEO said:

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