My salary is converted to bitcoin, and taxes are taken out. You have to do all the tax computations in dollars because the IRS does not deal in bitcoins.
Silicon Valley is a great place for Bitcoin, since everyone understands computers, and there are lots of libertarians running around.
We do not interpret bitcoin's popularity as having a relationship with the public's view of the Federal Reserve's conduct of monetary policy
That's a term that I really like - 'permissionless innovation' - because anybody who has an idea and has a solution can tap into or can leverage the Bitcoin blockchain.
Bitcoin is a remarkable cryptographic achievement and the ability to create something which is not duplicable in the digital world has enormous value
Bitcoin's value is the same: It will remain as long as it is the most efficient mechanism for transferring ownership.
You have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven't been able to do it. Maybe somebody else can.
Bitcoin might revolutionise more than money or economics. It could transform the role and nature of government
People wanted Bitcoin to live so much, they basically willed it back into existence. That showed me how passionate this community was about it.
Who would want one's children growing up buying things like bitcoin? I hope to God my family doesn't buy it. It's noxious poison.
The bitcoin/blockchain protocol has never been compromised. Businesses building applications on top of it run the risk of making mistakes.
The number of industries, communities, habits, traditions, and even interpersonal interactions that Bitcoin has the potential to revolutionize is massive.
Tokenization applies to scarce assets. Today, the most appropriate thing to tokenize is something that's purely digital. Bitcoin and ethereum are the canonical.
It's probably easier and cheaper to counterfeit hundred-dollar bills than it is to counterfeit Bitcoin.
AngelList Syndicates are perfectly aligned with Bitcoin's ideology. They democratize the system so everyone has access to high value dealflow; it's the power of the people.
We will never hear about people's Bitcoin accounts being frozen or seized by a government agency.
Bitcore was introduced to give a trusted platform to spur further bitcoin innovation, allowing BitPay to focus on what they do best: acquire merchants.
I just spent the last 8 months working on the second edition of 'Mastering Bitcoin,' and I couldn't even scratch the surface of all the innovation that is happening in BTC.
Bitcoin is not “unregulated”. It is regulated by algorithm instead of being regulated by government bureaucracies. Un-corrupted.
It's hard to predict the future, but some people think that Bitcoin could do to finance what the Internet did to communications.
The history of Bitcoin trading is a bubble, a correction, consolidation, and another increase. It's happened four times, and it will happen again.
This Bitcoin currency is a voluntary decentralized currency, anonymous. It can't be shut down by anyone; there are no central servers.
When we announced that we were going to support Bitcoin companies, we became a great lightning rod for activity and fun.
A lot of people have, like, 95 percent of their wealth in bitcoin. Great for them, but I got to be smart.
In Spanish, we have a saying that when a genius points at the moon, a fool looks at the finger. I find that happens a lot with bitcoin.
I saw Bitcoin as an actual market opportunity: as a trillion-dollar marketplace with long-term potential.
Bitcoin will make a dent in society when more normal transactions occur that would have occurred with dollars or credit card.
Bitcoin is open-source, global, and requires no permission from anybody, so thousands of entrepreneurs are gravitating in and building their vision.
Mt. Gox was a teachable moment for everyone in the Bitcoin community, and ShapeShift has innovated these problems out of the picture.
Bitcoin, generally, is a great idea. Keeping wallets on smartphones is the worst idea of the decade
Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments.
We set up a small bitcoin and ethereum mining operation... that miraculously now is actually making a lot of money.
We must continue to educate the masses and encourage savings in Bitcoin to truly drain the kleptocratic swamp ruling our financial system.
Anybody who has enough information about what's going on in the bitcoin world, you would not buy your bitcoins on Mt. Gox.
I'm motivated by the positive ways in which Bitcoin use being widespread will make the world a better place.
Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.
I think anybody who is interested in keeping their money safe from the criminal banking system would want gold, silver, and Bitcoin.
Most people heard about Bitcoin for the first time in the context of the Mt. Gox collapse. It is our Lehman Brothers.
Bitcoin is complex: the entire private and public key issue, the transfers, the mining of bitcoins... but if you tell it as fiction, people would understand and remember.
For a major publisher like Time Inc. to embrace Bitcoin sends an important message to both its readers and to the broader media community.
Bitcoin is my baby; it's my whole world and my whole life. It's what I was put on this earth to do.
Monero at a protocol level is very, very private and has that big advantage over bitcoin.
Activists can improve their alternative media success by embracing alternative currencies like Bitcoin.
Bitcoin is very ideologically fulfilling, it's my form of political activism, but it's also a huge business opportunity.
Like the Internet, Bitcoin will change the way people interact and do business around the world.
So bitcoin gives us an opportunity to reclaim the power of the people to say yes or no to what the government claims that it wants to do.
Regulators are going to have to come up with a way to treat Bitcoin that is balanced and thoughtful but also recognize that this is a global phenomenon.
I think there's a need for services that will make it easier for Chinese consumers to spend globally. The Bitcoin network could be an attractive solution.
Bitcoin represents a significant threat to the currency domination of the USA, which is the only thing propping up the nation’s status as a worldwide superpower.
Ethereum has taken what was a four-function calculator of a programming language in Bitcoin and turned it into a full-fledged computer.
While the traditional banks and credit card companies lock down access to their payments infrastructure to a handful of trusted parties, Bitcoin is open to all.
Bitcoin can be programmed, metered, and exchanged by connected devices, enabling more efficient usage of our planet's resources and services.
With private chains, you can have a completely known universe of transaction processors. That appeals to financial institutions that are wary of the bitcoin blockchain.
Somehow I wound up with the nickname 'Bitcoin Jesus,' so people expect me to know about everything everywhere.
Bitcoin will experience many bubbles along its way to improving the lives of everyone on the planet. I'm not concerned with the short-term price fluctuations.
I follow Rick Falkvinge, who founded the Swedish Pirate party and was one of the very early adopters of Bitcoin.
Bitcoin is inherently international, and one of its great promises is it enables cross-border payments in a more efficient way.
Bitcoin is great as a form of digital money, but its scripting language is too weak for any kind of serious advanced applications to be built on top.
There is going to be enormous amounts of resistance to the adoption of bitcoin, but I really believe that it's about the most peaceful revolution that we can have in this world.
At first, almost everyone who got involved did so for philosophical reasons. We saw bitcoin as a great idea, as a way to separate money from the state.
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