Bitcoin was created to serve a highly political intent, a free and uncensored network where all can participate with equal access.
I am very intrigued by Bitcoin. It has all the signs. Paradigm shift, hackers love it, yet it’s derided as a toy. Just like microcomputers.
Bitcoin may be the TCP/IP of money.
You can’t stop things like Bitcoin. It will be everywhere and the world will have the readjust. World governments will have to readjust.
The blockchain keeps everyone honest, and a whole layer of banking bureaucracy is removed, lowering costs.
Bitcoin, and the ideas behind it, will be a disruptor to the traditional notions of currency. In the end, currency will be better for it.
Blockchain is so profound it will do for trusted transactions what the internet did for information.
Cryptographical solutions might with great propriety be introduced into academies as the means of giving tone to the most important of the powers of the mind.
Edgar Allan Poe
Bitcoin is a technological tour de force.
Bitcoin is the currency of resistance.
The relative success of the bitcoin proves that money first and foremost depends on trust. Neither gold nor bonds are needed to back up a currency.
Cryptocurrency protocols are like onions.
Right now Bitcoin feels like the internet before the browser.
A Cryptanalyst is a person who doesn’t like being called a hacker.
Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments.
We have elected to put our money and faith in a mathematical framework that is free of politics and human error.
Cryptocurrency is such a powerful concept that it can almost overturn governments.
The reason we’re all here is that the current financial system is outdated.
Bitcoin totally strips away the state’s control over money.
Cryptography shifts the balance of power from those with a monopoly on violence to those who comprehend Mathematics and security design.
One must acknowledge with cryptography no amount of violence will ever solve a math problem.
There are 3 eras of currency: Commodity based, Politically based, and now, math based.
If privacy is outlawed, only outlaws will have privacy.
Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value.
Bitcoin promises to take at least some of that power away from governments and hand it to people. That alone augurs significant political, cultural, and economic clashes.
Bitcoin is the beginning of something great: A currency without a government, something necessary and imperative.
Virtual currencies may hold long-term promise, particularly if the innovations promote a faster, more secure and more efficient payment system.
I do think Bitcoin is the first encrypted money that has the potential to do something like change the world.
I understand the political ramifications of [Cryptocurrencies] and I think that government should stay out of them and they should be perfectly legal.
DR Ron Paul
Bitcoin gives us, for the first time, a way for one internet user to transfer a unique piece of digital property to another internet user, such that the transfer is guaranteed to be safe and secure, everyone knows that the transfer has taken place, and nobody can challenge the legitimacy of the transfer. The consequences of this breakthrough are hard to overstate.