Showing 10 of 23 quotes
The Dwolla incident was to be expected. The government will go after sites that it thinks are supposed to register as money transmitters. Some Bitcoin companies will register as such, and some won't, but business will carry on regardless. ”
ShapeShift, like SatoshiDICE before it, demonstrated how an old business could operate in a brand new way because of the properties of cryptocurrencies. ”
The number of industries, communities, habits, traditions, and even interpersonal interactions that Bitcoin has the potential to revolutionize is massive. ”
ShapeShift has no user accounts, signup, or registration process whatsoever. But it's faster and far more convenient than traditional exchanges. ”
You cannot have an asset that goes up in price 1% every month or 1% every six months or every day without people starting to start thinking it'll do the same tomorrow, so that's why these bubbles form. ”
Mt. Gox was a teachable moment for everyone in the Bitcoin community, and ShapeShift has innovated these problems out of the picture. ”
Like the Internet, Bitcoin will change the way people interact and do business around the world. ”
Digital currency is now a misnomer for Bitcoin. It can be used as currency, but it can be used for many things. ”
Most 'digital currencies' are not really digital currencies at all. ”
I have no problem with the financial industry inviting the Trojan Horse of blockchain technology into their walled garden. Because I know how powerful the technology is. ”