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The best cryptocurrency quotes by famous people

19 Apr, 2023 13 min read
The best cryptocurrency quotes by famous people

Cryptocurrency is one of the hottest topics in both the online and offline worlds. Most of us learned about crypto by hearing friends or prominent figures praising its potential. Today, many industry experts and famous figures are known for their cryptocurrency quotes. As more people began to discuss the topic of trading and investing in cryptocurrencies, a wider community of users started to notice and increase their knowledge about the best coins and tokens to invest in.

This article features a collection of quotes on cryptocurrency that have been said or published by crypto experts and famous people.


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The best motivational cryptocurrency quotes

Let's begin our compilation of quotes about cryptocurrency with the best motivational sayings collected over the years.

Cryptocurrency quotes by famous people

People have a lot to say about cryptocurrency. Cryptocurrency quotes get more attention and are more widely shared when they are said by someone famous. If a person you trust recommends says something good, bad or crazy about tokens or coins you consider buying, you'll likely pay attention to what they have to say.

Social proof plays significant importance for users in the modern digitalised world. Dogecoin's boom in 2021 is a great social proof example. Many investors who followed Elon Musk's buy signals paid attention to his words without looking into whether his words were serious.

It's been historically proven that famous people have the power to move the cryptocurrency market in most cases. Having said that, let's check out some of the best cryptocurrency quotes by famous people.

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

An early quote by Satoshi Nakamoto addressed Bitcoin doubters on forums. A lot has changed since that time. Now, we have a whole industry created around his invention. The key point of this message is that you need to put time and effort into understanding Bitcoin.

Brad Garlinghouse

If the cryptocurrency market overall or a digital asset is solving a problem, it's going to drive some value. — Brad Garlinghouse

Brad Garlinghouse is the CEO of Ripple and one of the well-known figures in the cryptocurrency industry. In his tweets, he often addresses sceptics who do not believe in the future of the cryptocurrency world.

Erik Voorhees

Whenever the price of cryptocurrency is rallying, people start spending a lot more. — Erik Voorhees

Erik Voorhees is the founder of Shapeshift, one of the most popular cryptocurrency trading platforms. He often tweets about Bitcoins and has many noteworthy cryptocurrency quotes. The one shared above illustrates that people get unrealistic expectations whenever such volatile assets as cryptocurrency rapidly increase in value.

Adam B. Levine

As the value goes up, heads start to swivel, and sceptics soften. Starting a new currency is easy. Anyone can do it. The trick is getting people to accept it because it is their use that gives the 'money' value. — Adam B. Levine

Adam B. Levine is the CEO of Tokenly and the founder of Let's Talk Bitcoin. His cryptocurrency quote reminds us about the importance of the public adoption of new currencies whenever such assets are presented in the market. More importantly, Adam says that people should start using Bitcoin daily.

Bill Gates

Bitcoin is a technological tour de force. — Bill Gates

The father of Microsoft actively posts about the future of technology. His quote about Bitcoin made more people interested in the future potential of cryptocurrency.

Peter Thiel

PayPal had the goal of creating a new currency. We failed at that, and we just created a new payment system. I think Bitcoin has succeeded on the level of a new currency, but the payment system is somewhat lacking. It's very hard to use, and that's the big challenge on the Bitcoin side. — Peter Thiel

The co-founder of PayPal stated that Bitcoin is what his company attempted to create. According to Peter Thiel, cryptocurrency is still rather difficult to use. The payment system should be made easier for its mainstream adoption. In 2017, Peter Thiel invested $20 million in Bitcoin, which has brought him revenue worth around $100 million. 

Vitalik Buterin

Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the centre. 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

In his cryptocurrency quote, Ethereum co-founder recognises the removal of third parties that cryptocurrencies allow for. Instead of using services like Uber or Dropbox that take a cut of profit for their services, cryptocurrencies allow this to be managed in a peer-to-peer manner. 

Hal Finney

I see Bitcoin as ultimately becoming a reserve currency for banks, playing much the same role as gold did in the early days of banking. Banks could issue digital cash with greater anonymity and lighter weight, more efficient transactions. — Hal Finney

This early quote from Hal Finney, an American developer for PGP Corporation and an early Bitcoin contributor, shows that he understood the possibilities of Bitcoin from the early stage. 


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Cryptocurrency quotes by Elon Musk

The owner of Tesla and SpaceX is one of the trend-setting faces in the cryptocurrency market. Elon Musk is an active user and supporter of Bitcoin and other cryptocurrencies. With that said, let's take a look at some of the cryptocurrency quotes by Elon Musk that shook the crypto market.

Elon Musk

Failure is an option here. If things are not failing, you are not innovating enough.

This is one of the most motivational and impressively popular quotes in the crypto world. This cryptocurrency quote by Elon Musk says nobody should stop taking risks when he or she fails. Failing means that you're on the path to innovating a new idea, and you shouldn't stop until you reach the desired results.

If you get up in the morning and think that the future is going to be better, it is a bright day.

Here's another motivational quote by Tesla's father. What it means is that your brain succeeds as long as you train it.

Bitcoin's structure is very ingenious. The paper money disappears, and crypto-currencies are a much better way to transfer values than a piece of paper, that's for sure.

Is there any way you could doubt the success of Bitcoin and cryptocurrency in general after reading this quote? According to this saying, crypto is a better way to transfer your values to showcase your trading talent. 

I could either watch it happen or be a part of it.

The quote came just after Elon Musk decided to join the crypto market. Rather than being a silent observer, he prefers to "dive into the sea one is curious to visit".

I find that oftentimes the most ironic and entertaining outcome is the most likely. And the most entertaining outcome would be Dogecoin becoming the global new earth currency.

It's one of the most powerful cryptocurrency quotes that shook the market. Speaking about the importance of using cryptocurrencies in the modern world, Elon Musk ironically suggests that it would crypto might become a new global currency.

I think bitcoin is on the verge of getting broad acceptance by conventional finance people.

Speaking of the future of cryptocurrency, Musk forecasted that this form of currency would soon be accepted by great financial figures.

I am late to the party, but I am a supporter of Bitcoin.

The quote was published after Musk joined the Bitcoin club. It means that although he might be late, it doesn't mean that he doesn't support Bitcoin.


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Bitcoin quotes by famous people

Bitcoin, the leading cryptocurrency, caused a revolution in the finance industry that has been unprecedented in the last few hundred years. While some may still harbour scepticism about Bitcoin and blockchain technology, many world leaders, economists, industry experts, CEOs and investors have publicly praised its potential.

The phenomenon of Bitcoin and blockchain technology is inevitable and possesses an enormous power for innovation. We have seen how TCP/IP transformed the Internet, how Napster revolutionised peer-to-peer sharing and how Google surpassed other web browsers. In the same way, Bitcoin and its blockchain technology will force financial institutions to reevaluate their existing infrastructure ecosystem.

To help you gain insight into what world-class individuals think about Bitcoin and blockchain technology, we have compiled a collection of quotes from prominent figures in the field. 

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. — Bill Gates, Co-founder of Microsoft, investor and philanthropist [Source]

PayPal had these goals of creating a new currency. We failed at that, and we just created a new payment system. I think Bitcoin has succeeded on the level of a new currency, but the payment system is somewhat lacking. It's very hard to use, and that's the big challenge on the Bitcoin side. — Peter Thiel, co-founder of PayPal [Source]

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. — Richard Branson, founder of Virgin Galactic [Source]

Bitcoin is a remarkable cryptographic achievement… The ability to create something which is not duplicable in the digital world has enormous value… Lots of people will build businesses on top of that. — Eric Schmidt, Executive Chairman of Google [Source]

When I first heard about Bitcoin, I thought it was impossible. How can you have a purely digital currency? Can't I just copy your hard drive and have your bitcoins? I didn't understand how that could be done, and then I looked into it and it was brilliant. — Jeff Garzik, co-founder of Bloq Inc, a contributor to Bitcoin Core, Bitcoin developer [Source]


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Positive cryptocurrency quotes

Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential. — Marc Kenigsberg, Bitcoin and cryptocurrency advocate

    If crypto succeeds, it's not because it empowers better people. It's because it empowers better institutions. — Vitalik Buterin, Ethereum founder

      When decentralised blockchain protocols start displacing the centralised web services that dominate the current Internet, we'll start to see real internet-based sovereignty. The future Internet will be decentralised. — Olaf Carlson-Wee, CEO of Polychain Capital

        Anything that can conceive of as a supply chain, blockchain can vastly improve its efficiency- it doesn't matter if its people, numbers, data, money. — Ginni Rometty, CEO of IBM

          Blockchain technology isn't just a more efficient way to settle securities. It will fundamentally change market structures, and maybe even the architecture of the Internet itself. — Abigail Johnson, CEO, Fidelity Investments


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            Cryptocurrency trading quotes

            We are seeing more managed money and, to an extent, institutional money entering the space. Anecdotally speaking, I know of many people who are working at hedge funds or other investment managers who are trading cryptocurrency personally. The question is, when do people start doing it with their firms and funds? — Olaf Carlson-Wee, Founder & CEO of Polychain Capital

            As a portfolio manager, when do you start advising to your clients that they have some cryptocurrency exposure? When will there be an index fund, a mutual fund of cryptocurrencies? It will happen. — Melanie Swan, Portfolio Analyst at New Holland Capital.

            Cryptocurrency currencies take the concept of money, and they take it native into computers, where everything is settled with computers and doesn't require external institutions or trusted third parties to validate things. — Naval Ravikant, former CEO of AngelList

            Bitcoin is here to stay. There would be a hacker uproar against anyone who attempted to take credit for the patent of cryptocurrency. And I wouldn't want to be on the receiving end of hacker fury. — Adam Draper, Founder and Managing Director of Boost VC

            Crypto investment quotes

            Cryptocurrency is such a powerful concept that it can almost overturn governments. — Charles Lee, Creator of Litecoin

            The reason we are all here is that the current financial system is outdated. — Charlie Shrem, Founder & CEO of Bitinstant

            There are 3 eras of currency: Commodity based, politically based, and now, math-based. — Chris Dixon, Co-founder and Former CEO of Hunch

            At their core, cryptocurrencies are built around the principle of a universal, inviolable ledger, one that is made fully public and is constantly being verified by these high-powered computers, each essentially acting independently of the others. — Paul Vigna, Markets reporter for The Wall Street Journal

            Conclusion

            Cryptocurrency has already made a big revolution in the finance industry and will continue bringing many significant changes to the finance sector. Though some people were sceptical about Bitcoin and other cryptocurrencies in their early days, many famous people, economists, CEOs and industry experts have made many of us change our minds with their cryptocurrency quotes.


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