Saturday, December 10, 2016

What famous people are saying about bitcoins?

Former US Vice President Al Gore: "“I’m a big fan of Bitcoin.”...“Regulation of money supply needs to be depoliticized...especially as it applies to virtual currencies.”.

Microsoft founder Bill Gates: “Digital money has low transaction costs which is great for the poor because they need to do financial transactions with small amounts of money. Over the next five years I think digital money will catch on in India and parts of Africa and help the poorest a lot.”

Eric Schmidt, former CEO of Google: “Bitcoin is a remarkable cryptographic achievement, and the ability to create something that is not duplicable in the digital world has enormous value.”

Rick Falkvinge, founder of the Swedish pirate party: “Bitcoin will do to banks what email did to the postal industry.”

Billionaire Warren Buffett: “I wouldn’t be surprised if it’s not around in ten or twenty years. It does not meet the test of a currency.”

The CEO of JPMorgan Chase, Jamie Dimon. “It’s a terrible store of value. It doesn’t have the standing of a government. And honestly, a lot of it...is being used for illicit purposes.”

Yishan Wong, the former CEO of Reddit: “Without being too inflammatory, the user base for Bitcoin is basically crazy libertarians who are increasingly poorly informed about currency systems and macroeconomics...I think that the obsession in the Bitcoin community with bringing down central banks, fiat currencies, and governments is misguided and generally misses the point of Bitcoin.”

No comments:

Post a Comment