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Erik Voorhees Quotes
Erik Voorhees Quotes
Erik Voorhees
American
Businessman
Bitcoin
Business
Digital
People
Will
World
Related authors:
Bill Gates
Henry Ford
Jim Rohn
Les Brown
Peter Drucker
Stephen Covey
Steve Jobs
Warren Buffett
The number of industries, communities, habits, traditions, and even interpersonal interactions that Bitcoin has the potential to revolutionize is massive.
Erik Voorhees
Bitcoin
Potential
Habits
Massive
Industries
Traditions
Revolutionize
Interactions
Communities
Even
Interpersonal
Number
ShapeShift, like SatoshiDICE before it, demonstrated how an old business could operate in a brand new way because of the properties of cryptocurrencies.
Erik Voorhees
Business
Old
Before
Way
Properties
Could
ShapeShift
New
Like
Operate
Because
How
Brand
Brand New
New Way
The Dwolla incident was to be expected. The government will go after sites that it thinks are supposed to register as money transmitters. Some Bitcoin companies will register as such, and some won't, but business will carry on regardless.
Erik Voorhees
Government
Business
Money
Bitcoin
Will
Carry
Some
Supposed
Go
Expected
Sites
After
Regardless
Register
Incident
Companies
Thinks
Bitcoin is two things which share a name. One, it's a payment system, and two, it's a currency. You use the Bitcoin payment system to send bitcoins as currency from one account holder to another. The transfer is instantaneous, carries no fee, works anywhere in the world, and is private.
Erik Voorhees
You
World
Bitcoin
System
Carries
Share
Fee
Instantaneous
Name
Another
Private
Account
Send
Currency
Transfer
Holder
Which
Anywhere
Use
Payment
Works
Things
Two
Like the Internet, Bitcoin will change the way people interact and do business around the world.
Erik Voorhees
Business
Change
People
World
Bitcoin
Internet
Will
Way
Like
Around
Interact
I'm much more confident with crypto than with banks or fiat currency because I can actually control it, and the money supply is transparent, stated up front. It makes online shopping a lot easier and a lot safer.
Erik Voorhees
Shopping
Money
Control
Stated
Easier
Online
More
Supply
Crypto
Safer
Because
Makes
Lot
Up
Than
Currency
Front
Confident
Fiat
Banks
Much
Transparent
Actually
Personally, I had over 550 BTC in Gox. I will never get any of that back.
Erik Voorhees
Will
Back
Never
Had
Over
Get
Any
Personally
Bitcoin will hit thousands of dollars per coin, because it's worth at least that much, or it's worth zero.
Erik Voorhees
Bitcoin
Worth
Will
Thousands
Per
Because
Least
Dollars
Hit
Much
Zero
Coin
Unfortunately, slow and steady in any financial market is actually impossible.
Erik Voorhees
Financial
Impossible
Slow
Market
Steady
Any
Unfortunately
Actually
In the longterm for Bitcoin, Gox needed to go away.
Erik Voorhees
Bitcoin
Go Away
Go
Away
Needed
Credits in your PayPal account are really just USD-backed - they are not a unique currency themselves. Other 'digital currencies,' such as Facebook Credits, can be created out of nothing and without limit, so they are not serious money.
Erik Voorhees
Facebook
Money
Digital
Nothing
Other
Out
Limit
Without
Account
Currency
Just
Themselves
Created
Really
Your
PayPal
Unique
Serious
Credits
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