Despite the global pandemic that has rocked the world this year, experts are still expecting a very moderate bullish Bitcoin run towards the end of 2020. While their words offer relief to many traders and investors who feel like they’ve been let down this year, they may still not be enough. That’s why we’re compiling a set of positive quotes about Bitcoin and cryptocurrency. Happy reading!
“Hey, obviously this is a very interesting time to be in Bitcoin right now, but if you guys want to argue over whether this is reality or not, one Bitcoin will feed over 40 homeless people in Pensacola right now. If you guys want proof Bitcoin is real, send them to me, I’ll cash them out and feed homeless people.”- Jason King
Jason King is the executive director of Unsung.org and humanitarian who dedicates his life to redistributing American wealth for the benefit of the hungry and homeless. He is more popularly known as the “The Man Who Ran Across America to Raise Bitcoins for the Homeless. In 2014, King went across the United States talking to the different people and groups about how Bitcoin can benefit charities. He was able to raise the required amount of Bitcoins and give people shelter and the opportunity to start their lives again.
If you’re feeling a bit down and unsure if it’s worth holding onto your coins, or using them for anything valuable. read the quote above and Jason’s story here. It’s a bit dated, but it’s still an uplifting read.
“I think the internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing but that will soon be developed, is a reliable e-cash.” – Milton Friedman
“At its core, bitcoin is a smart currency, designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions… all good things” – Peter Diamandis
“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
“Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.” – Peter Thiel
“Bitcoin is a technological tour de force.” – Bill Gates, Microsoft co-founder
If you’re skeptical about retaining your Bitcoin investment because of the current bearish run, then reading the quotes might help you understand why you should keep it. Remember, you bought Bitcoin not because it’s trendy but because of the enormous benefits you and society will be getting.
It’s also helpful to note that the people supporting Bitcoin are no-nonsense individuals trusted by millions of people. Milton Friedman is a world-renowned economist and Nobel Prize Winner. Peter Diamandis is an engineer, physician and entrepreneur. He is also the chairman of X Prize Foundation, a nonprofit that holds competitions to promote tech advancements, and the Silicon Valley-based think tank, Singularity University. Eric Schmidt was the CEO of Google, and Bill Gates is the man behind Microsoft Corporation. Peter Thiel is the co-founder of PayPal. With such big names in tech and finance in support of Bitcoin, how can you go wrong?