With all the upheaval and uncertainty in the crypto markets today sometimes it’s a mental break to look back in time to simpler days. The majority of these quotes are from the very early days of Bitcoin.
If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.
– Satoshi Nakamoto
One of the earliest bitcoin quotes in existence. Not many could have imagined bitcoin’s potential at the time of this quote.
I see Bitcoin as ultimately becoming a reserve currency for banks, playing much the same role as gold did in the early days of banking. Banks could issue digital cash with greater anonymity and lighter weight, more efficient transactions.
– Hal Finney
Hal was an early bitcoin contributor and received the first bitcoin transaction from Satoshi.
Bitcoin is here to stay. There would be a hacker uproar to anyone who attempted to take credit for the patent of cryptocurrency. And I wouldn’t want to be on the receiving end of hacker fury.
– Adam Draper
Adam is the founder and CEO of Boost VC and has been involved with over 100 bitcoin startups. The above quote was probably directed towards Craig Wright.
Bitcoin will do to banks what email did to the postal industry.
– Rick Falkvinge
One of my favorite bitcoin quotes.
I think the fact that within the bitcoin universe an algorithm replaces the functions of [the government] is actually pretty cool. I am a big fan of Bitcoin.
– Al Gore
You may not have invented the internet Al but I will agree with you on this quote.
“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
Brilliant mind , tragic ending. RIP John.
“Spend some time with Bitcoin. Learn it, challenge it, and use it. You can assume no government wants you adopting this system in any capacity, and for that reason alone it’s worth consideration by honest, moral, and industrious people”
“Economists and journalists often get caught up in this question: Why does Bitcoin have value? And the answer is very easy. Because it is useful and scarce.”
– Erik Voorhees
Erik is the CEO of ShapeShift and a pioneer in the Bitcoin and crypto space.
“The governments of the world have spent hundreds and hundreds of trillions of dollars bailing out a decaying, dickensian, outmoded system called banking, when the solution to the future of finance is peer-to-peer. It’s going to be alternative currencies like bitcoin and it’s not actually going to be a banking system as we had before 2008.”
– Patrick Young,
Well spoken Patrick !
We have proposed a system for electronic transactions without relying on trust. We started with the usual framework of coins made from digital signatures, which provides strong control of ownership, but is incomplete without a way to prevent double-spending. To solve this, we proposed a peer-to-peer network using proof-of-work to record a public history of transactions that quickly becomes computationally impractical for an attacker to change if honest nodes control a majority of CPU proof-of-worker.”
— Satoshi Nakamoto
In January 2009 Satoshi mined the Genesis block and in 2010 ceased all communications.
