Bitcoin is amazingly transformative because it's the first time in the entire history of the world in which anybody can now send or receive any amount of money, with anyone else, anywhere on the planet, without having to ask permission from any bank or government.
If the world's using bitcoin, governments won't be able to fund wars through inflation like they do today.
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.
We will never hear about people's Bitcoin accounts being frozen or seized by a government agency.
If bitcoin is more expensive or slower than traditional financial systems, people aren't going to use it.
Money laundering is not a crime. It's just because certain men with guns don't like what other people are doing with their own money, so they decide it's okay to lock those people in a cage.
If it is something particularly useful and for some reason is having trouble getting funding from traditional sources, I may be interested.
I don't have much faith... in the government police.
I am tired of seeing real criminals, with lots of victims being ignored, while traditional law enforcement is busy going after perpetrators of victimless crimes such as those involved in the Silk Road Marketplace.
If the U.S. government tries to restrict or clamp down, that just means there will be many more bitcoin businesses in Hong Kong and Singapore, and all those Americans will miss out on all the opportunities.
I don't think it's any sort of stretch of the imagination to say that, very, very realistically, each single bitcoin, if bitcoin becomes popular, will have to be worth at least tens of thousands of dollars.
Somehow I wound up with the nickname 'Bitcoin Jesus,' so people expect me to know about everything everywhere.
I like to call myself a voluntaryist. That means that I think that all human interaction should be on a voluntary basis. And that nobody should be able to use force or fraud in any human interaction whatsoever.
Bitcoin is coming from a bunch of young computer nerds who saw this thing and thought it was neat. A lot of the early bitcoiners are 19-year-old kids, still living at home with their parents, and they don't have any business experience.
You have to be really, really careful how you use bitcoin in order to use it privately.
Before Bitcoin, I was just waiting around for the Singularity.
Once people see Bitcoin and how it works, they realise this isn't just a flash in the pan.
Anybody who has enough information about what's going on in the bitcoin world, you would not buy your bitcoins on Mt. Gox.
Monero at a protocol level is very, very private and has that big advantage over bitcoin.
If you look at the market cap of Ethereum before the hard fork and the split into Ethereum Classic, the combined market cap of Ethereum and Ethereum Classic is greater than the market cap before the split - and everybody got what they want.
