A Quote by Max Keiser
MaxCoin is competing for the crypto buck, if you will. So is Bitcoin, so is Dogecoin. Alt-coins are proving to be formidable because there's a solid community behind it, there's a use for it, and it's got a great market capitalisation. I think that's going to be a winner.
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Activists need to educate themselves about the power of crypto currencies like Bitcoin, invented in 2009, and use crypto to leverage the success of their independent media gains to tip the balance of power away from the troika in ways that could never happen by backing a political candidate.
I think the technology will get bigger and the price of Bitcoin will go up, so I'm speculating to increase my purchasing power. But I don't intend to sell the Bitcoin. I intend to hold it until there's a day where I can just use Bitcoin completely.
The bitcoin protocol is about mining bitcoin, not pricing bitcoin. There is nothing in the protocol about establishing a market price for bitcoin; you need a market for that, but what if all the exchange markets are shut down?
People bought bitcoin because they thought it would be worth more tomorrow. And a lot of people got lucky. But we're not seeing real people use bitcoin. And we don't know what problem it solves. Now, blockchain, I think, is a genius advancement in technology.
In 2017, people have realized there isn't going to be one crypto to rule them all. You're seeing vertical solutions where XRP is focused on payment problems, Ethereum is focused on smart contracts, and increasingly, bitcoin is a store of value. Those aren't competitive. In fact, I want bitcoin and Ethereum to be successful.
Bitcoin as a globally distributed public ledger - that's the thing I'm most excited about going forward. Thinking about how to use Bitcoin in new and innovative ways. In the meantime, we have the boring uses of Bitcoin that are in the process of going mainstream.
I think long-term, Bitcoin is a currency of the Internet. So, even if humans don't use it, routers will use it. Web browsers will use it. Web servers will use it.
Because the supply of Bitcoin is limited, the price of Bitcoin is going to have to increase and increase very substantially over time. My advice is that if you're interested in Bitcoin and excited by Bitcoin, then buy some Bitcoin and hold onto them, and you're likely to do very well over time.
Bitcoin's got its issues. But it is not competing with perfection.
Bitcoin is valuable as a currency because of the economic efficiencies the bitcoin network is already creating as transactions flow over it. As with the Internet, more applications will flourish which will make the bitcoin network, and thus bitcoin as a currency, valuable.
There is a lot of volatility in the digital asset market broadly, and certainly that is true in the bitcoin market. It's been true for XRP, and I think that's because these markets are very nascent.
What's great is we actually have friends who belong or have previously belonged to the Amish community, so we got first hand stories and I was able to talk with them about visitors and visiting the Amish country. It was very enlightening to think this is very much going on as we speak. What was really interesting was that the upcoming Amish generation is actually closer to average American teenager in their use of the English language because of the use of technology.
We've had customers from the beginning. The reason people use Dropbox is because they really love it. We think more about who is going to be competing with what we are going to be doing, not with where we started.
Just as it got easier to use email, it will be easier to use Bitcoin as people invest in it and become more familiar with it.
You know the evil that men do, hell is where the men go.
We snatched him by his hands and feet and threw him out the window:
"Up, up, and away cause I don't play, clown,
Buck, buck, buck, take that with you on the way down."
I'm hoping you got springs and wings on your shoes,
But you lose, because I got the Ill Street Blues.
I think the difference between a good song and a great song is... honestly, I think the lyrics, because if you have a really solid melody and solid track and everything is there but then the lyric is just okay, then you've got a good song.
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