What Do World Leaders Say About Bitcoin – Quotes & Predictions

You can love me or hate me but you can’t ignore me

This line perfectly fits for “Bitcoin”. Nowadays, everyone has an opinion about Bitcoin, like “Bitcoin is Bubble“, “Bitcoin is the future currency“, “Bitcoin is the biggest Scam” etc. Now, let’s see what the great leaders think about Bitcoin and cryptocurrency.

Asked on September 15, 2018 in Cryptocurrency.
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5 Answer(s)

Jack Ma (Co-Founder Alibaba) on Bitcoin

 

Answered on September 15, 2018.
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Bill Gates (Co-founder of Microsoft) on Bitcoin

“Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.” [Source: Bloomberg]

 

Answered on September 15, 2018.
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Warren Buffet (Famous Investor) on Bitcoin

“The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money … But a pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street – a community in which quality control is not prized – will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.” – Warren Buffett, Berkshire Hathaway 2000 shareholder letter [Source CNBC]

Answered on September 15, 2018.
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John McAfee on Bitcoin

“In the long term Bitcoin moves above $500,000 within three years. Bets?”McAfee tweeted on 17 July 2017. In his reply he added that if it doesn’t: “I will eat my d*ck on national television.” [Source:rt]

“It is not a speculative investment even though it is being used as such by other people. As Bitcoin network grows the value of Bitcoin grows. As people move into Bitcoin for payments and receipts they stop using US Dollars, Euros and Chinese Yuan which in the long-term devalues these currencies.” [Source: RT YouTube]

Answered on September 15, 2018.
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Richard Branson on Bitcoin

“Well, I think it is working. There may be other currencies like it that may be even better. But in the meantime, there’s a big industry around Bitcoin. — People have made fortunes off Bitcoin, some have lost money. It is volatile, but people make money off of volatility too.” [Source: Bitcoin.com]

“Virgin Galactic is a bold entrepreneurial technology. It’s driving a revolution. And bitcoin is doing just the same when it comes to inventing a new currency.” [Source: CNBC]

Answered on September 15, 2018.
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