Bitcoin is a techno tour de force.
Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value.
Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments.
We have elected to put our money and faith in a mathematical framework that is free of politics and human error.
I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world.
Think of Bitcoin as a bank account in the cloud, and it's completely decentralized: not the Swiss government, not the American government. It's all the participants in the network enforcing.
We have elected to put our money and faith in a mathematical framework that is free of politics and human error.” – Tyler Winklevoss (Co-inventor of Facebook)
“Bitcoin may be the TCP/IP of money."
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.
Bitcoin is the first digital monetary system capable of storing all the money in the world for every individual, corporation, and government in a fair & equitable manner, without losing any of it.