09 June 2022

Top 10 Crypto/Bitcoin Quotes of All Time

As the world of Bitcoin and cryptocurrency continues to evolve, we take a look back at some of the most insightful and thought-provoking quotes about our favorite currency.

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Top 10 Crypto/Bitcoin Quotes of All Time

    Index

    Bitcoin is the next...
    Trust Breeches Central Banks...
    Bitcoin Like E-Mail
    Bitcoin is certain
    Bitcoin Value Measurement
    Bitcoin Equals Economic Freedom
    Bitcoin is Not Dublicable...
    Bitcoin is Necessary and...
    Transferring Digital Property With...
    Bitcoin Brings True Ownership...

Bitcoin is the next Bitcoin

"Bitcoin is the next Bitcoin."

The crypto ecosystem prides itself on innovation, and it's always looking for new ways to improve. But scalability, privacy, and speed elude most crypto projects as a whole, and platforms, founders, and influencers frequently speak out on the topic. However, attempts to improve upon Bitcoin's design are often met with criticism, systemic failure, and everything in between. Bitcoin's worked as intended, since its inception, for over a decade now—better than the projects that purport to "improve" it. Bitcoin is the most secure crypto. It has the longest chain. It's also the most decentralized project in the space. Bitcoin is the next Bitcoin, and there will likely be no projects that do it better.

Trust Breeches Central Banks

"The central bank must be trusted not to debase the currency, but the history of Fiat currencies is full of breaches of that trust."

Bitcoin was designed as an alternative to fiat currency, and trust in fiat has proven to be a tenuous concept at best. Central banks around the world have a long history of debasing their currencies, and this has led to catastrophic economic collapses and devastating inflation. Satoshi understood that central banks debase the value of fiat currency, and they created Bitcoin as a response to the 2008 financial crisis. Bitcoin is the ultimate hedge, a safe haven from the corrosive effects of inflation and political mistrust.

Bitcoin Like E-Mail

"Bitcoin will do to banks what email did to the postal industry."

Perhaps one of Bitcoin's most distilled interpretations, Falkvinge's quote speaks to the disruptive potential of Bitcoin. The banking system is ripe for disruption, as it is slow, archaic, and often unfair to its customers. Bitcoin has the potential to upend the banking system, reducing redundancy, increasing efficiency, and giving power back to the people.

Bitcoin is certain

"In a world of uncertainty, Bitcoin is certain."

Michael Saylor is the CEO of MicroStrategy, a publicly-traded business intelligence company. In August of 2020, MicroStrategy decided to invest significant portions of its cash reserves into Bitcoin. Saylor has been a vocal advocate of Bitcoin, and he believes that the digital asset is the perfect hedge against macroeconomic uncertainty. Bitcoin is transparent, predictable, and apolitical, and it provides the guarantee of consistent monetary policy.

Bitcoin Value Measurement

"Measuring Bitcoin's value by its usd exchange rate is like measuring the internet's value by how many fax machines it replaces."

Think of all the things that the internet has replaced—fax machines, newspapers, long-distance phone calls. And yet, the internet is so much more than the sum of its parts. The same can be said of Bitcoin. Yes, it is a store of value and a payment system, but it is also much more than that. Measuring Bitcoin through the USD value metric is missing the forest for the trees. It will be much more than that, just like the internet was much more than fax machines.

Bitcoin Equals Economic Freedom

"Any person who owns Bitcoin achieves a degree of economic freedom which was not possible before its invention"

This quote perfectly encapsulates the power of Bitcoin. For the first time in history, individuals have true economic freedom—the ability to store value without the need for a third party, the ability to send and receive payments without the need for a middleman, and the ability to be your own bank. Bitcoin gives individuals sovereignty over their own finances, and this is a powerful and liberating thing.

Bitcoin is Not Dublicable

"Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value"

Digital technology has revolutionized the way we live, work, and play. And yet, there is one key area where it has fallen short—the ability to create scarce, digital assets. Bitcoin solves this problem through the use of cryptography, digital signatures, and mining, which all work to create an irreplicable and scarce asset.

Bitcoin is Necessary and Imperative

"Bitcoin is the beginning of the something great: a currencu without a government, something necessary and imperative."

Nassim Taleb is a renowned economist and statistician, and he is best known for his work on risk and uncertainty. He believes that Bitcoin is a necessary and imperative step forward for the world of finance, as it is a currency that exists outside of the control of any government. The separation of money and state is a necessary and important thing, as it gives power back to the people

Transferring Digital Property With Bitcoin

"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."

Bitcoin is a game-changing technology that has the potential to revolutionize the way we interact with the digital world. Bitcoin is guaranteed, secure, and transparent, giving humanity the most trustworthy record of information the world has ever seen

Bitcoin Brings True Ownership to Humanity

"Humans have never been able to truly own anything before Bitcoin,because everything else is either centralized or confiscatable, or both."

This quote perfectly sums up the power of Bitcoin. For the first time in history, individuals can own something completely and unequivocally. Anything, from homes to fiat currencies to agriculture has been confiscatable if a government or authority decides to do so. If you self-custody your own bitcoins, no one can take them from you, no matter how powerful they may be. This is a level of economic freedom that has never been seen before in the history of humankind.

Please be aware that: Cryptocurrencies are unregulated in the UK; Cryptocurrencies are not protected under Financial Ombudsman Service or Financial Services Compensation Scheme (FSCS); Profits may be subject to capital gains tax; The value of investments can go down as well as up.

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