It will be everywhere and the world will have to readjust. World governments will have to readjust.
– John McAfee, Founder of McAfee
Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value.
– Eric Schmidt, CEO of Google
There are 3 eras of currency: commodity based, politically based, and now, math based.
– Chris Dixon, Technology Investor
The ‘blockchain’ — the engine on which Bitcoin is built — is a new kind of distributed consensus system that allows transactions, or other data, to be securely stored and verified without any centralized authority at all, because (to grossly oversimplify) they are validated by the entire network. Those transactions don’t have to be financial; that data doesn’t have to be money. The engine that powers bitcoin can be used for a whole array of other applications.
– Jon Evans, TechCrunch
Bitcoin is a fixed supply, a first-of-its-kind, global-in-scale, voluntary, decentralized open-source digital currency and payment network that enables direct, peer-to-peer, borderless, pseudo-anonymous, nearly-instantaneous, nearly-free and irreversible cash-like transfers of value. The first currency and money system in the world which has no counter-party risk to hold and to transfer.
– Roger Murdock, Bitcointalk Forum