You look at Bitcoin, and it is an entirely new currency, completely decentralized, anonymous; transactions occur incredibly fast for free, all designed by the free market.
π #CryptoNews#cryptotwitter#crypto
This Bitcoin currency is a voluntary decentralized currency, anonymous. It can't be shut down by anyone; there are no central servers.
π #CryptoNews#cryptotwitter#crypto
A lot of people say that I took the first shot for Bitcoin. The first person to walk through the door always gets shot, and then everyone else can come through.
π #CryptoNews#cryptotwitter#crypto
I'm investing. I'm taking a lot of bitcoin, selling it as the price goes up, and putting it into real estate. Because then if bitcoin goes to zero - which, it's an experiment, it could - I won't be on the street.
π #CryptoNews#cryptotwitter#crypto
Bitcoin solved the double-spend problem. The key problem was payment confirmation without central clearing. Bitcoin's solution was ingenious but wasteful - it's fairly slow, and you can't put other things on it.
π #CryptoNews#cryptotwitter#crypto
We are very excited about the use of blockchain, whether it's Bitcoin or not, but we are as enthusiastic as ever about Bitcoin as a global currency and, really more importantly, Bitcoin as a global financial rail.
π #CryptoNews#cryptotwitter#crypto
Regulators are going to have to come up with a way to treat Bitcoin that is balanced and thoughtful but also recognize that this is a global phenomenon.
π #CryptoNews#cryptotwitter#crypto
The history of Bitcoin trading is a bubble, a correction, consolidation, and another increase. It's happened four times, and it will happen again.
π #CryptoNews#cryptotwitter#crypto
Taxes have been complicated. Every single time I spend a Bitcoin, it's a taxable event. It's like I bought and sold an asset. It counts as an investment, with a short- or long-term capital gain or loss.
π #CryptoNews#cryptotwitter#crypto
I think the technology will get bigger and the price of Bitcoin will go up so I'm speculating to increase my purchasing power. I intend to hold it until there's a day where I can just use Bitcoin completely.
π #CryptoNews#cryptotwitter#crypto
I'm interested in businesses that take digital bits and turn them into interfaces for physical atoms. I'm also interested in drones, Bitcoin, and 3D printing.
π #CryptoNews#cryptotwitter#crypto
Conceptually, we believe that embedded mining will ultimately establish bitcoin as a fundamental system resource on par with CPU, bandwidth, hard drive space, and RAM.
π #CryptoNews#cryptotwitter#crypto
For a major publisher like Time Inc. to embrace Bitcoin sends an important message to both its readers and to the broader media community. π #CryptoNews#cryptotwitter#crypto
Application-specific tokens, or app-tokens, are built on top of existing general-purpose blockchains like Bitcoin and Ethereum. For the first time, open-source project creators can directly monetize their open-source network. π #CryptoNews#cryptotwitter#crypto
Taxes have been complicated. Every single time I spend a Bitcoin, it's a taxable event. It's like I bought and sold an asset. It counts as an investment, with a short- or long-term capital gain or loss. π #CryptoNews#cryptotwitter#crypto
Mt. Gox was a teachable moment for everyone in the Bitcoin community, and ShapeShift has innovated these problems out of the picture. π #CryptoNews#cryptotwitter#crypto
I think it's going to end up a lot like the Internet. Some countries try to regulate the Internet - bitcoin will be very much like that. It will be legal, and there will be some countries with currency control. π #CryptoNews#cryptotwitter#crypto
I've been through a lot of moments when other people thought Bitcoin was going to implode, and in those instances, I generally have seen through inaccurate coverage of it. π #CryptoNews#cryptotwitter#crypto
The value of Bitcoin is astronomical, but the price goes all over the place as a million buyers and sellers try to figure out what that value is and how likely it is to manifest. π #CryptoNews#cryptotwitter#crypto
I think the technology will get bigger and the price of Bitcoin will go up so I'm speculating to increase my purchasing power. But I don't intend to sell the Bitcoin.π #CryptoNews#cryptotwitter#crypto