Quotesia
Home
Authors
Popular authors
Roy Bean
O. Henry
Mahatma Gandhi
Winston Churchill
John Burroughs
Thomas Fuller
All authors
Today's birthdays
1981 - Roger Federer
1985 - Webb Simpson
1910 - Sylvia Sidney
1902 - Paul Dirac
1987 - Katie Leung
1908 - Arthur Goldberg
Today's birthdays
Popular professions
Clergyman
Designer
Aviator
Coach
Actress
Saint
All professions
Authors by letter
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
All authors
Topics
Top Quotes
Quotesia
Quote Topics
Bitcoin Quotes
Bitcoin Quotes
How high can bitcoin go? The real question is how low can the dollar go?
Patrick M. Byrne
Bitcoin
High
How
Real
Go
Dollar
Question
Real Question
Low
There are dodgy characters in Bitcoin. But there are dodgy characters in cash, too.
Patrick M. Byrne
Bitcoin
Too
Characters
Cash
We want enough people adopting Bitcoin for a robust infrastructure. It's an act of patriotism. It gives the country a robust parallel system.
Patrick M. Byrne
Patriotism
People
Bitcoin
Country
Enough
Enough People
System
Parallel
Adopting
Gives
Robust
Want
Infrastructure
Act
Exchanging bitcoin on behalf of ransomware victims should not be construed as criminal activity by the exchanger, not as a matter of law nor as sound policy. Such an interpretation would set a precedent that would surely cause real harm to the public, to the blockchain ecosystem, and to the financial services industry as a whole.
Perianne Boring
Bitcoin
Financial
Law
Cause
Matter
Blockchain
Interpretation
Criminal
Financial Services
Would
Exchanging
Ecosystem
Industry
Policy
Surely
Sound
Real
Nor
Precedent
Behalf
Victims
Public
Should
Whole
Activity
Services
Set
Harm
Applying criminal law to the exchange of bitcoin on behalf of ransomware victims would create a morally shocking result of re-victimizing a victim. All lawfully operating digital currency exchanges would thereafter refuse to exchange bitcoin for ransomware victims for fear of criminal culpability.
Perianne Boring
Bitcoin
Law
Fear
Result
Digital
Victim
Criminal
Criminal Law
Would
Morally
Exchange
Exchanges
Operating
Shocking
Behalf
Currency
Refuse
Victims
Create
Thereafter
Applying
Daniel Masters is a master of the commodities markets with over 30 years experience. His bitcoin strategy is based on the parallels he sees from the oil industry in 1999 to the current state of bitcoin.
Perianne Boring
Experience
Bitcoin
Master
Strategy
State
Markets
Daniel
Parallels
Sees
He
Over
Industry
Masters
His
Years
Current
Commodities
Current State
Oil
Oil Industry
Based
BitPay is the leading payment processor for bitcoin. The company specialize in setting up merchant accounts to accept bitcoin payments.
Perianne Boring
Bitcoin
Setting
Merchant
Leading
Accept
Up
Accounts
Payment
Payments
Company
Specialize
The majority of companies using BitPay to accept bitcoin are small businesses that are benefitting from lower transaction fees, faster service, and increased security for fraudulent transactions.
Perianne Boring
Service
Bitcoin
Faster
Increased
Security
Fraudulent
Small
Small Businesses
Fees
Majority
Accept
Transaction
Transactions
Lower
Businesses
Companies
Using
Sir Richard Branson started out as a small business owner and now owns a conglomerate that will give you a ride to the moon. If you pay for your ride with bitcoin, you'll be using the first truly universal currency!
Perianne Boring
You
Business
Ride
Bitcoin
Will
Moon
First
Pay
Out
Give
Small
Small Business
Truly
Sir
Currency
Owner
Owns
To The Moon
Richard
Conglomerate
Business Owner
Your
Using
Now
Universal
Started
Bitcore was introduced to give a trusted platform to spur further bitcoin innovation, allowing BitPay to focus on what they do best: acquire merchants.
Perianne Boring
Best
Innovation
Bitcoin
Focus
Further
Introduced
Give
Merchants
Allowing
Spur
Trusted
Acquire
Platform
Digital assets, including bitcoin, could save small businesses substantial transaction fees and provide an added layer of security to their payment processing.
Perianne Boring
Bitcoin
Digital
Added
Security
Small
Small Businesses
Layer
Could
Fees
Provide
Transaction
Substantial
Processing
Payment
Businesses
Including
Assets
Save
With Bitcoin, every transaction is publicly verified, so many risks are eliminated, including chargeback fraud or 'friendly fraud.' This is when a customer purchases something online with a credit card; waits to receive the goods or service, then requests a chargeback refund. The bank then forcibly takes the funds out of the merchant's account.
Perianne Boring
Service
Risks
Bitcoin
Every
Out
Fraud
Purchases
Something
Online
Merchant
Takes
Goods
Verified
Waits
Friendly
Account
Bank
Transaction
Customer
Then
Requests
Many
Including
Publicly
Credit
Card
Credit Card
Receive
Eliminated
Funds
A new product, technology, or innovation - such as Bitcoin - has the potential to give rise both to frauds and high-risk investment opportunities. Potential investors can be easily enticed with the promise of high returns in a new investment space and also may be less skeptical when assessing something novel, new, and cutting-edge.
Perianne Boring
Technology
Innovation
Bitcoin
Opportunities
Space
Easily
Promise
High
Frauds
Rise
Give
Something
Potential
Both
High-Risk
Investment
Investors
New
Also
Returns
May
Skeptical
Product
Less
Novel
Bitcoin has been described as a decentralized, peer-to-peer virtual currency that is used like money - it can be exchanged for traditional currencies such as the U.S. dollar or used to purchase goods or services, usually online. Unlike traditional currencies, Bitcoin operates without central authority or banks and is not backed by any government.
Perianne Boring
Government
Money
Bitcoin
Virtual
Unlike
Backed
Has-Been
Purchase
Online
Goods
Like
Without
Traditional
Dollar
Been
Authority
Currency
Any
Decentralized
Banks
Central
Used
Services
Bitcoin was created with security in mind. The Blockchain is Bitcoin's public ledger that records every transaction in the Bitcoin economy.
Perianne Boring
Bitcoin
Mind
Blockchain
Every
Security
Records
Economy
Transaction
Public
Created
Gold actually has properties - you can use gold for all sorts of things. People value gold for the metal. Nobody values bitcoin for the bitcoin; they value it because they believe that they can exchange it for something else.
Peter Schiff
You
People
Bitcoin
Value
Values
Believe
Else
Something
Something Else
Properties
Exchange
Nobody
Sort
Because
Metal
Gold
Use
Actually
Things
Whatever happens to bitcoin, other cryptocurrencies are gaining ground and more respect. Ethereum, for instance, has far more transparency.
Richard Quest
Respect
Bitcoin
Whatever
Other
More
Instance
Happens
Gaining
Ethereum
Far
Transparency
Ground
Bitcoin is coming from a bunch of young computer nerds who saw this thing and thought it was neat. A lot of the early bitcoiners are 19-year-old kids, still living at home with their parents, and they don't have any business experience.
Roger Ver
Home
Business
Experience
Bitcoin
Thought
Parents
Young
Living
Saw
Kids
Nerds
Computer
Still
Coming
Lot
Bunch
Any
Who
Neat
Thing
Early
You have to be really, really careful how you use bitcoin in order to use it privately.
Roger Ver
You
Bitcoin
How
Privately
Order
Really
Use
Careful
Monero at a protocol level is very, very private and has that big advantage over bitcoin.
Roger Ver
Bitcoin
Big
Advantage
Over
Protocol
Private
Very
Level
If bitcoin is more expensive or slower than traditional financial systems, people aren't going to use it.
Roger Ver
People
Bitcoin
Financial
Systems
Financial Systems
Slower
More
Traditional
Than
Going
Expensive
Use
I don't think it matters at all if the Bitcoin Foundation were to close.
Roger Ver
Bitcoin
Matters
Think
Were
Close
Foundation
I think examples of free market transactions between peaceful people using Bitcoin and the Internet, I think it's a wonderful thing. It's going to make the world a better place.
Roger Ver
People
Wonderful
World
Bitcoin
Better
Internet
Free
Think
Market
Examples
Free Market
Better Place
Between
Make
Wonderful Thing
Going
Transactions
Place
Using
Peaceful
Thing
Somehow I wound up with the nickname 'Bitcoin Jesus,' so people expect me to know about everything everywhere.
Roger Ver
Me
People
Bitcoin
Everything
Everywhere
Wound
About
Somehow
Know
Up
Expect
Nickname
Jesus
Once people see Bitcoin and how it works, they realise this isn't just a flash in the pan.
Roger Ver
People
Bitcoin
Once
See
How
Just
Flash
Realise
Works
Pan
Because the supply of Bitcoin is limited, the price of Bitcoin is going to have to increase and increase very substantially over time. My advice is that if you're interested in Bitcoin and excited by Bitcoin, then buy some Bitcoin and hold onto them, and you're likely to do very well over time.
Roger Ver
Buy
Time
You
Bitcoin
Advice
Increase
Some
Onto
Price
Excited
Supply
Over
Likely
Well
Because
Limited
Very
Going
Substantially
Hold
Interested
Them
Then
Load more quotes
No more bitcoin quotes
Haven't find the right quote? Try another of these similiar topics.
About
Mormon
Always
Began