WHAT THE WORLD THINKS ABOUT BITCOIN

WHAT THE WORLD THINKS ABOUT BITCOIN

Professor Milton Friedman, Nobel Prize winner in economics stated,

“I think the Internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing but that will soon be developed is a reliable e-cash”.

Nine years later we hailed the birth of Bitcoin.

Since then Bitcoin has taken the world by storm, we hear it in the news, we see it all over social media, the governments are talking about it, and there are now Bitcoin and cryptocurrency experts alike.

Yet, amongst all the hype, we are witnessing a new invention that is still yet to gain widespread, mass adoption and become something that we cannot live without, like the Internet.

Here is a glimpse at what some of the most influential people, from different professional backgrounds are saying about Bitcoin.

“Bitcoin enables certain uses that are very unique. I think it offers possibilities that no other currency allows. For example, the ability to spend a coin when two separate parties agree to spend the coin; with a third party that couldn’t run away with the coin itself”.

– Peter Wuille, Co-Founder and Core Tech Engineer at Blockstream.

“Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential”.

– Marc Kenisberg, worlds leading Bitcoin affiliate.

“At its core, Bitcoin is a smart currency, designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions. All good things”.

– Peter Diamandis, Founder and Executive Chairman of XPRIZE Foundation.

“Cryptocurrency is such a powerful concept that it can almost overturn governments”.

– Charlie Lee, Creator of Litecoin.

“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 its worth consideration by honest, moral and industrial 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, American start-up founder.

“I do think that Bitcoin is the first encrypted money that has the potential to do something like change the world”.

– Peter Thiel, Co-Founder of PayPal.

“Bitcoin is a technological tour de force”.

– Bill Gates, Co-Founder of Microsoft.

“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, Founder of McAfee.

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