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49 Interesting Bitcoin Quotes to Captivate You (CRYPTO)

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12 Bitcoin Quotes by Famous People

“When I first heard about Bitcoin, I thought it was impossible. How can you have a purely digital currency? Can’t I just copy your hard drive and have your bitcoins? I didn’t understand how that could be done, and then I looked into it and it was brilliant.”

Jeff Garzik (Co-founder of blog.inc and bitcoin developer)
Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency... for large transactions, currency can get pretty inconvenient. - Bill Gates
Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency… for large transactions, currency can get pretty inconvenient. – Bill Gates
There may be other currencies like it that may be even better. But in the meantime, there’s a big industry around Bitcoin. - Richard Branson
There may be other currencies like it that may be even better. But in the meantime, there’s a big industry around Bitcoin. – Richard Branson
People have made fortunes off Bitcoin, some have lost money. It is volatile, but people make money off of volatility too. - Richard Branson
People have made fortunes off Bitcoin, some have lost money. It is volatile, but people make money off of volatility too. – Richard Branson
I think the fact that within the bitcoin universe an algorithm replaces the function of the government… is actually pretty cool. - Al Gore
I think the fact that within the bitcoin universe an algorithm replaces the function of the government… is actually pretty cool. – Al Gore
The ability to create something which is not duplicable in the digital world has enormous value… Lot’s of people will build businesses on top of that. - Eric Schmidt
The ability to create something which is not duplicable in the digital world has enormous value… Lot’s of people will build businesses on top of that. – Eric Schmidt
As people move into Bitcoin for payments and receipts they stop using US Dollars, Euros and Chinese Yuan which in the long-term devalues these currencies. - John McAfee
As people move into Bitcoin for payments and receipts they stop using US Dollars, Euros and Chinese Yuan which in the long-term devalues these currencies. – John McAfee
Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. - Nassim Taleb
Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. – Nassim Taleb
PayPal had these goals of creating a new currency. We failed at that... I think Bitcoin has succeeded on the level of a new currency, but the payment system is lacking. - Peter Thiel
PayPal had these goals of creating a new currency. We failed at that… I think Bitcoin has succeeded on the level of a new currency, but the payment system is lacking. – Peter Thiel
The internet is going to be one of the major forces for reducing the role of government. One thing that’s missing but that will soon be developed, is a reliable e-cash. - Milton Friedman
The internet is going to be one of the major forces for reducing the role of government. One thing that’s missing but that will soon be developed, is a reliable e-cash. – Milton Friedman
At its core, bitcoin is a smart currency, designed by very forward-thinking engineers. - Peter Diamandis
At its core, bitcoin is a smart currency, designed by very forward-thinking engineers. – Peter Diamandis
Bitcoin is the currency of resistance… If Satoshi had released Bitcoin 10 years. earlier, 9/11 would never have happened. - Max Keiser
Bitcoin is the currency of resistance… If Satoshi had released Bitcoin 10 years. earlier, 9/11 would never have happened. – Max Keiser

12 Inspiring Bitcoin Quotes

Those who believe in Bitcoin also believe in cleverness. - Arif Naseem
Those who believe in Bitcoin also believe in cleverness. – Arif Naseem
Bitcoin is the most stellar and most useful system of mutual trust ever devised. - Arif Naseem
Bitcoin is the most stellar and most useful system of mutual trust ever devised. – Arif Naseem
I describe Bitcoin as "a digital version of gold" eGold. - Arif Naseem
I describe Bitcoin as “a digital version of gold” eGold. – Arif Naseem
Cryptocurrency is freedom, Banking is slavery. - Arif Naseem
Cryptocurrency is freedom, Banking is slavery. – Arif Naseem
Bitcoin is like anything else - it's worth what people are willing to pay for it. - Stanley Druckenmiller
Bitcoin is like anything else – it’s worth what people are willing to pay for it. – Stanley Druckenmiller
We see bitcoin as potentially the greatest social network of all. - Tyler Winklevoss
We see bitcoin as potentially the greatest social network of all. – Tyler Winklevoss
Our basic thesis for bitcoin is that it is better than gold. - Tyler Winklevoss
Our basic thesis for bitcoin is that it is better than gold. – Tyler Winklevoss
Bitcoins are like gold bars with wings. That is why I, and so many others, view bitcoin and its network as gold 2.0. - Tyler Winklevoss
Bitcoins are like gold bars with wings. That is why I, and so many others, view bitcoin and its network as gold 2.0. – Tyler Winklevoss
It's probably easier and cheaper to counterfeit hundred-dollar bills than it is to counterfeit Bitcoin. - Naval Ravikant
It’s probably easier and cheaper to counterfeit hundred-dollar bills than it is to counterfeit Bitcoin. – Naval Ravikant
I think the whole narrative of blockchain without bitcoin will amount to very little. - Fred Ehrsam
I think the whole narrative of blockchain without bitcoin will amount to very little. – Fred Ehrsam
The divine line "Bitcoin/Cryptocurrency is for criminals" is a cunning defensive strategy created by so called traditional financial services sector. - Mohith Agadi
The divine line “Bitcoin/Cryptocurrency is for criminals” is a cunning defensive strategy created by so called traditional financial services sector. – Mohith Agadi
You might think of Bitcoin and blockchain as two halves of a whole, but in reality, they are very distinct commodities. - Olawale Daniel
You might think of Bitcoin and blockchain as two halves of a whole, but in reality, they are very distinct commodities. – Olawale Daniel

15 Wise Quotes About Bitcoin and Cryptocurrency

Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential. - Marc Kenigsberg
Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential. – Marc Kenigsberg
Bitcoin was created to serve a highly political intent, a free and uncensored network where all can participate with equal access. - Amir Taaki
Bitcoin was created to serve a highly political intent, a free and uncensored network where all can participate with equal access. – Amir Taaki
Bitcoin, and the ideas behind it, will be a disrupter to the traditional notions of currency. In the end, currency will be better for it. - Edmund C. Moy
Bitcoin, and the ideas behind it, will be a disrupter to the traditional notions of currency. In the end, currency will be better for it. – Edmund C. Moy
Cryptocurrency is such a powerful concept that it can almost overturn governments. - Charles Lee
Cryptocurrency is such a powerful concept that it can almost overturn governments. – Charles Lee
Bitcoin will do to banks what email did to the postal industry. - Rick Falkvinge
Bitcoin will do to banks what email did to the postal industry. – Rick Falkvinge
I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world. - Peter Thiel
I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world. – Peter Thiel
Bitcoin is the most important invention in the history of the world since the Internet. - Roger Ver
Bitcoin is the most important invention in the history of the world since the Internet. – Roger Ver
Cryptology represents the future of privacy [and] by implication [it] also represents the future of money, and the future of banking and finance. - Orlin Grabbe
Cryptology represents the future of privacy [and] by implication [it] also represents the future of money, and the future of banking and finance. – Orlin Grabbe
Gold is a great way to preserve wealth, but it is hard to move around. You do need some kind of alternative and Bitcoin fits the bill. - Jim Rickards
Gold is a great way to preserve wealth, but it is hard to move around. You do need some kind of alternative and Bitcoin fits the bill. – Jim Rickards
It’s gold for nerds. - Stephen Colbert
It’s gold for nerds. – Stephen Colbert
Bitcoin is a technological tour de force. - Bill Gates
Bitcoin is a technological tour de force. – Bill Gates
Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments. - Leon Luow
Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments. – Leon Luow
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. - Arnon Grunberg
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. – Arnon Grunberg
You can’t stop things like Bitcoin. It will be everywhere and the world will have to readjust. World governments will have to readjust. - John McAfee
You can’t stop things like Bitcoin. It will be everywhere and the world will have to readjust. World governments will have to readjust. – John McAfee
Ten percent of my net worth is in this space. - Mike Novogratz
Ten percent of my net worth is in this space. – Mike Novogratz

Conclusion

Bitcoin is the first digital currency (aka cryptocurrency) and is a form of electronic cash. It was created in January 2009 by a mysterious Japanese man named Satoshi Nakamoto.

There is no such thing as a physical bitcoin though. The crypto is kept in a public ledger in the cloud verified by a massive amount of computing power.

This currency is not issued or backed by any banks or governments. This is true to all other blockchain currencies such as Litecoin in 2011, Monero in 2014 and Ethereum in 2015.

Cryptocurrency is extremely popular because generally, it promises lower transaction fees, unlike government-issued fiat currencies that may be vulnerable to hyperinflation.

Despite its conveniency and value, Bitcoin is extremely controversial. People have love-hate relationship for it.

Over the years, Bitcoin has garnered a bad reputation. Many drug lords and criminal organizations are known to have used Bitcoin to fund their operations and that’s why people are against it. But I’m not here to speculate.

The truth is, Bitcoin and cryptocurrencies have created numerous anonymous transactions never known to us before. It had changed the way several large corporations do business online.

To find out more about Bitcoin, also read these articles:

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