20 quotes on cryptocurrencies, bitcoin and blockchain

We have just started the year and you can already hear about new cryptocurrencies and trends in the sector. Since the creation of bitcoin, hundreds and hundreds of crypto assets are gradually finding their place in society. Examples include Davies, Litecoin, Ethereum and Monero, among many others. Its evolution in the markets is being significant, so many companies already accepting virtual currencies as a form of payment (KFC, Subway...). Others have already considered creating their own cryptocurrency, such as Amazon.

Since 2009, where there was a lack of blockchain technology knowledge, cryptocurrencies have had a remarkable evolution. Proof of this has been the number of sectors that are already considering applying the blockchain: automotive, financial, health, tourism, environment, pharmaceutical, etc.

This phenomenon demonstrates the involvement of society with technological advances, which have inspired to build a new payment model that we can summarize in 20 sentences.

20 quotes on cryptocurrencies

Here's our list of quotes and phrases on cryptocurrencies, bitcoin and blockchain:

1. Bitcoin is a very exciting development; it might lead to a world currency. I think over the next decade it will grow to become one of the most important ways to pay for things and transfer assets. Kim Dotcom, CEO of MegaUpload.
2. Most cryptocurrencies are supported by teams of altruistic people, but they do not have companies behind them. Something has to change. Daniel Garcia, creator of Daviescoin.
3. Bitcoin will do to banks what email did to the postal industry. Rick Falkvinge, Swedish Pirate Party leader.
4. The bigger thing with bitcoin is not bitcoin itself, but what does that decentralized technology really do? Ashton Kutcher, American actor and producer.
5. Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments. Leon Louw, two-time Nobel Peace Prize nominee.
6. We have elected to put our money and faith in a mathematical framework that is free of politics and human error. Tyler Winklevoss, American cryptocurrency and Bitcoin investor, rower, entrepreneur, and founder of Winklevoss Capital Management.
7. P2P lending is undoubtedly the best way for entrepreneurs and small businesses to get the financing they need to grow. Radoslav Albrecht, founder of Bitbond.
8. You can’t stop things like Bitcoin, it’s like trying to stop gunpowder. It will be everywhere, and the world will have to readjust. World governments will have to readjust. John McAfee, founder of McAfee Inc.
9. Bitcoin is the most important invention in the history of the world since the internet. Roger Ver, World's first Investor in Bitcoin startups.
10. Price is what you pay. Value is what you get. Warren Buffet, American business magnate, investor, and philanthropist.
11. Bitcoin is a technological tour de force. Bill Gates, co-founder of Microsoft, investor, and philanthropist.
12. Vires in numeris. It is considered the motto of Bitcoin and simply means strength in numbers.
13. I believe very strongly that countries like the United States could and should move to a digital currency, so that you would have the ability to trace this kind of corruption. There are important issues of privacy, cyber-security, but it would certainly have big advantages. Joseph Stiglitz, Nobel Prize-winning economist.
14. Libertas, Aequitas, Veritas – In cryptography we trust.
15. We have elected to put our money and faith in a mathematical framework that is free of politics and human error. Tyler Winklevoss, American cryptocurrency and Bitcoin investor, rower, entrepreneur, and founder of Winklevoss Capital Management.
16. It is a reliable system that is changing the lives of many people. The economy goes that way. Mariano Zabaleta.
17. Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value. Eric Schmidt, former CEO of Google.
18. I personally own Bitcoin in my hedge fund, I own Bitcoin in my private account. It’s a huge, huge deal. Because what you’re talking about right now is, for the next three to five years, an unbelievably better store of value. It is gold 2.0. Chamath Palihapitiya, ormer VP Facebook and head of AOL Instant Messenger.
19. Bitcoin and Blockchain could help Africa's marginal population. Asumin Richmond and Sika Boatening.
20. Bitcoin, beacuse its characteristics and anonymity, is an appropriate means of payment for our service. Javier González Granado.

Bitcoin, the origin of everything

This cryptocurrency pressed the change button with Satoshi Nakamoto. Since its launch in 2009, thousands and thousands of new virtual coins have been created to develop the more than 2,500 that are today. There are many cryptocurrencies created, following the Bitcoin model; others following Ethereum to expand the improvement of the first virtual currency; Other cryptos are based on Ripple, focusing on speed; and Litecoin, to replicate Bitcoin technology and increase speed in payments, etc. In short, the launch of the first crypto asset has inspired multiple projects.

The general view of central banks has contrasted with the inclusion of cryptocurrencies. Many of them continue to "cautiously scrutinize the market of virtual currencies". In recent years, we have seen some alternatives launched by them to create cryptocurrencies. For example:

• "Central bank cryptocurrencies may be of restricted or universal use, anonymous or identifying and may or may not offer both positive and negative interest". Santiago Fernández, BBVA’s head of regulation.
• "If the goal is to create a virtual currency to increase the efficiency of the banking system, then it will be of restricted use, identifying users and stable in the exchange rate".
• These cryptocurrencies could be created with the idea of delving into negative interest rates. "If the central bank issues a universal cryptocurrency that requires identification and may or may not offer interest, there may be no banking intermediation."

What about you? What’s your opinion on cryptocurrencies, bitcoin and blockchain?