Oscar Darmawan – CEO of Bitcoin. I paypal to bitcoin reddit believe that Blockchain technology will eventually change the way system works.
Bitcoin might revolutionize more than money or economics. It could transform the role and nature of government. Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. But I am not familiar with the specific product to assert whether it is the best potential setup. And we need a long time to establish confidence.
If I had money in Bitcoin, I would have reported it. Bitcoin will become a huge, worldwide success. 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. The next step in human evolution would be a race that could put their trust in each other, not in their rulers or politicians. This may be the purest form of democracy the world has ever known, and I — for one — am thrilled to be here to watch it unfold.
If we remember, 15 years ago if you were doing anything on the internet you were going to make millions. I think it could be the same with Bitcoin. I personally own Bitcoin in my hedge fun, I own Bitcoin in my fund, I own Bitcoin in my private account. It’s a huge, huge, huge deal.
Because what you’re talking about right now is, for the next three to five years, an unbelievably better stored value. With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless. Bitcoin is money over internet protocol. There are 3 eras of currency: commodity based, politically based, and now, math based. Bitcoin has the opportunity to be a big disruptor in financial services. It’s the cheapest way to move money around.