We see bitcoin as potentially the greatest social network of all.
If Bitcoin is a better gold or seen as a type of gold-like asset, then it could be in the trillions on a market cap.
Bitcoins are like gold bars with wings. That is why I, and so many others, view bitcoin and its network as gold 2.0.
Our basic thesis for bitcoin is that it is better than gold.
We eat, sleep, breathe bitcoin.
We have elected to put our money and faith in a mathematical framework that is free of politics and human error.
Bitcoin and digital currency is just this thing that was always going to happen.
To shut down Bitcoin is to shut down the Internet.
Calling bitcoin volatile - it's a non-statement. Unregulated assets with unclear regulatory landscapes are always going to be volatile. That's what unregulated assets do.
There will always be people who will support us, and there will always be naysayers.
Every investor around the world wants to invest in U.S. markets because they're regulated and they're licensed. They're trustworthy; they have confidence. If you take that away, the global economy will take a hit like nothing else. We want to create that for Bitcoin.
When you think about how everything else works in the digital age and the way that money does, money really falls short.
I'm not a man who likes to define his identity too narrowly.
One of the things that has plagued bitcoin is not bitcoin itself but the companies built on top of it.
Our business isn't to be famous: that's not what we do; that's not what we strive for.
In our early experiences with bitcoin, we found how few people were building bitcoin exchanges the right way. They really weren't taking the regulation seriously; they were taking it too much like how you would approach something when you're 18, full of the excitement of youth and throwing caution to the wind.
I think it's always interesting when you see a company start moving so quickly - it's like wow, incredible. When a company like Uber starts breaking away, it's not a linear thing. It's exponential. All of a sudden, the guy you know who threw $25,000 at Uber very early on - all the sudden, that $25,000 is $25 million.
For me, becoming the best you can be in something that you love, like rowing, is incredibly challenging, and what you learn about yourself, the sense of satisfaction as you get older and move on, you'll never forget that. It's huge.
We are pretty firm believers in the fact that you make your own fate, with or without the Facebook ordeal.
Gox was a pattern of poor operations, poor customer service, poor PR. You can't just take bitcoin and hide.
