Bitcoin Quotes
I see [Bitcoin as] an artificial speculative medium that people are buying just because they think they can sell it to somebody else at a higher price, even though it inherently has no intrinsic value. So, I regard the whole business as anti-social, stupid, immoral. [...] I regard the thing as a combination of dementia and immorality, and I think the people that are pushing it are a disgrace.
Charlie Munger
Many people look at bitcoin as a means of enrichment, but for me it was not just an instrument of prosperity - it was the idea of absolute freedom. I believed in this idea even when it was not relevant at all and Bitcoin did not become ten times more valuable in a year, simply because it corresponded to my ideal ideas about money. This event did not affect my mood, it was rather the opposite, the motivation to continue the path. But still, once again writing on the Internet that you have bitcoins is not worth it.
Maxim Mernes
The December success of Bitcoin was primarily a psychological success, people as if they were not poisoned by the lies of the lack of alternatives to the dollar, the euro, they still understand at heart that any currency is paper. The success of Bitcoin was in this regard the first international rally against the global banking system. But, this could not last long for obvious reasons ... But, there are pluses, now every second Internet user knows about bitcoin, during the next cryptocurrency boom, these people join the movement.
Maxim Mernes
Having alternative currencies is great, right, because, historically, government's had a monopoly on currency. ... At the end of the day, why should only politicians-either directly or indirectly-control the currency? We can reduce transaction cost, provide an alternative, and-look, I don't know whether it'll be Bitcoin or not-but I think the concept of digital currencies is here to stay, and the fact that a politician would write to try to ban them in their infancy is just the wrong way to go about it. Let the market determine whether there's any value there or not. ... If people are saying, "Look, we gotta ban Bitcoin because it's somewhat anonymous and anonymous transactions can occur," or "because it's possible for criminals to use it," all of those arguments can be used to say, "Just ban dollars."
Jared Polis
