Clayton Austin Motivational quotes have always found followers who want to share some experiences and thoughts with popular people. Many times, famous Hollywood stars, of course! But beyond Bitcoin motivational quotes, there is way more wisdom than you can even think of!
And that doesn’t apply just to crypto quotes – it can be a source of inspiration for normal people, too. Especially those who’re after a dynamic lifestyle.
But which are the best cryptocurrency quotes that will never, ever become obsolete? Well, we’ll find out.
About Bitcoin acceptance and general doubts
“If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.” – Satoshi Nakamoto
The early statement by Satoshi Nakamoto was a pointed message aimed at Bitcoin skeptics active in online forums. Fast-forward to today, and Nakamoto’s brainchild has given birth to a booming industry. Looking back, it’s easy to think that maybe the naysayers should have paid more attention. And considering many exchanges like Paybis and Binance offer Bitcoin swaps today, it’s hard to deny the progress.
Yet, the innovative nature of Bitcoin made it a tough concept for many to grasp. Nakamoto’s quote underscores the necessity of individual investment in understanding Bitcoin – blindly trusting dubious sources can lead to errors. Fun fact – we don’t even know his name but crypto fans worship him. A weird world we live in, aren’t we?
Will Bitcoin get to $1 million?
“It’s money 2.0, a huge, huge, huge deal.” – Chamath Palihapitiya, Founder of VC
Chamath Palihapitiya is a notable business magnate and investor located in the Bay Area. In 2011, he established Social Capital, serving as its CEO, with a focus on sectors often overlooked by mainstream venture capitalists, such as healthcare, finance, and education.
Based in the tech hub of Silicon Valley, Social Capital is an investment enterprise spearheaded by Palihapitiya.
He holds a strong conviction in the future of Bitcoin, projecting its value to eventually hit $1 million.
Bitcoin has potential to be something more than just crypto asset
“I do think Bitcoin is the first (digital asset) that has the potential to do something like change the world.” – Peter Thiel, PayPal Co-Founder and Entrepreneur
Peter Thiel, PayPal’s co-founder, has expressed that Bitcoin is the first digital asset with world-changing potential. Although Thiel initially aimed for something akin to Bitcoin while developing PayPal, he couldn’t fully realize that vision at the time. Today, he is a prominent investor in Silicon Valley and a devout follower of Ayn Rand’s philosophy, which helps explain his fascination with Bitcoin.
Contrary to what one might expect, Thiel’s views on digital currencies haven’t always been rosy. His investment firm, Founder’s Fund, spearheaded a $2 million investment in BitPay in 2013 during a turbulent week for the markets. However, Thiel has been cautiously optimistic in interviews, estimating that Bitcoin had merely a one-in-five chance of becoming a long-term payment method.
That makes him an unusual figure in the crypto world: a major investor who isn’t entirely sure of Bitcoin’s long-term viability. But as some analysts may say, that’s a classic Peter Thiel.
Cryptocurrencies don’t cut jobs, they cut the middleman
“Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away from the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly.” – Vitalik Buterin, Ethereum’s CEO
Buterin’s statement highlights the disruptive power of cryptocurrencies in cutting out middlemen. Instead of giants like Uber or Dropbox (and all banks, by the way!) taking the lion’s share, financial interactions can shift to a peer-to-peer model, facilitated by digital currencies.
The approach not only boosts individual earnings but also lowers expenses. And the result doesn’t surprise anyone – it threatens to disrupt some of the world’s most significant corporations, as it targets a fair distribution of wealth. And we love that quote, although some big names might find it rather…unsettling.
Some big-time legacy investors don’t love Bitcoin, and nothing can change their minds
“Stay away from it. It’s a mirage, basically. In terms of cryptocurrencies, generally, I can say almost with certainty that they will come to a bad ending.” – Warren Buffett, The Epitomy of Investment
It’s safe to say Warren B doesn’t stand for Warren Bitcoin. Given his longstanding success in conventional assets and a risk-averse investment strategy, the high volatility of cryptocurrencies would immediately raise red flags for him. Buffett has a well-known skepticism towards the ever-so-popular tech stocks, which makes his aversion to Bitcoin completely expected.
He doesn’t like it, and we doubt he’ll ever change his stance. This avoidance of digital currencies aligns perfectly with his investment philosophy.
Summary
Some things never change. And investors’ minds are hard to process. We know it. So whether you like it or not, Bitcoin (and the whole crypto industry) will create polarized opinions. But after all, it’s better to have an opinion, than not, right?
