The Most Famous Crypto Quotes

Igor Chernysh
Trality
Published in
12 min readSep 22, 2022
Crypto Quotes

Crypto has been a hot topic for years, and the space is never short of interesting, funny, inspirational, or insightful commentary. Whether it’s the latest game-changing DeFi project or a meaner, greener blockchain that will drive innovation and lead to widespread adoption, the unpredictability and constantly evolving nature of the cryptosphere are what make it so facscinating. At the lighter end of the spectrum, there are even things like the funniest crypto memes, which seem to find their way into everyone’s newsfeeds each day.

Given crypto’s unbeatable dynamism and global popularity, we’ve decided to highlight some of the best crypto quotes, whether those quotes have to do with crypto, altcoins, blockchain, DeFi, Bitcoin, or otherwise. In no particular order, here are the most famous crypto quotes organised by category.

Inspirational Cryptocurrency Quotes

“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

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

“ 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

“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

“I am very excited about the prospect of using cryptocurrency, not just as a money equivalent, but using it as a way to earn something as a result of doing some type of work.” — William Mougayar

“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

“I love seeing new services constantly starting to accept Bitcoin. Bitcoin is really becoming ‘the currency of the Internet.’ I’m most concerned by possible government reactions to Bitcoin. They can’t destroy Bitcoin, but they could really slow things down by making exchange much more difficult.” — Michael Marquardt

“The computer can be used as a tool to liberate and protect people, rather than to control them.” — Hal Finney

“Cryptocurrency is such a powerful concept that it can almost overturn governments.” — Charles Lee

“Every smart person that I admire in the world, and those I semi-fear, is focused on this concept of crypto for a reason. They understand that this is the driving force of the fourth industrial revolution: steam engine, electricity, then the microchip — blockchain and crypto is the fourth.” — Brock Pierce

Brock Pierce, crypto, Mighty Ducks, actor
American entrepreneur and former child actor Brock Pierce. Image credit: Dean Takahashi

“Mobile was Internet 2.0. It changed everything. Crypto is Internet 3.0.” — Gil Penchina

“I’m much more confident with crypto than with banks or fiat currency because I can actually control it, and the money supply is transparent, stated upfront. It makes online shopping a lot easier and a lot safer.” — Erik Voorhees

“Activists need to educate themselves about the power of cryptocurrencies like Bitcoin, invented in 2009 and use crypto to leverage the success of their independent media gains to tip the balance of power away from the troika in ways that could never happen by backing a political candidate.” — Max Keiser

“I think… all of the best public cryptographers in the world would agree that you can’t really build back doors in crypto. That ‘s like drilling a hole in the windshield.” — Alex Stamos

“Blockchain Capital was the first dedicated venture fund to invest in crypto and blockchain.” — Brock Pierce

“Crypto today is a libertarian paradise. If you send your money to the wrong place, it’s gone. If you send it to a merchant and don’t receive the goods, you have no recourse. This is cash. Treat it as such.” — Gil Penchina

“What inspires me the most [about bitcoin] is the community driving it. It reminds me of the early internet. It’s deeply principled, it’s weird as hell [and] it’s always evolving. It just reminded me of the internet as a kid.” — Jack Dorsey

“Not understanding blockchain, it’s going to smack you down and make you bleed.” — Mark Cuban

Mark Cuban, BTC, Bitcoin, crypto
A reflective Mark Cuban. Source: nypost.com

“You’re seeing millions and millions of people investing in crypto because it’s far cheaper and simpler than investing in stocks. I don’t think we fully understand the impact that crypto has had.” — Mark Cuban

“Cryptocurrency is such a powerful concept that it can almost overturn governments” — Charles Lee

Funny Cryptocurrency Quotes

“My crypto wallet is like an onion. When you open it, you want to cry.” — Anonymous

“I am very intrigued by Bitcoin. It has all the signs. Paradigm shift, hackers love it, yet it is described as a toy. Just like microcomputers.” — Paul Graham

“There’s this new cryptocurrency called Decibel. It’s a sound investment” — Anonymous

“It’s gold for nerds.” — Stephan Colbert

“Bitcoin is the currency of resistance… If Satoshi had released Bitcoin 10 years. earlier, 9/11 would never have happened.” — Max Keiser

“One must acknowledge with cryptography no amount of violence will ever solve a math problem.” — Jacob Appelbaum

“Bitcoin is Cash with Wings.” — Charlie Shrem

“I think bitcoin is on the verge of getting broad acceptance by conventional finance people.” — Elon Musk

Elon Musk
Two words: Elon Musk. Image credit: AFP

“What can’t kill Bitcoin makes it stronger.” — Mark Wittkowski

“Investing in Crypto is like being married, you have to keep going through the good and the bad, for better or for worse, for richer or for poorer TIL death do us part. HODL” — Najah Roberts

“I am late to the party, but I am a supporter of Bitcoin.” — Elon Musk

Bitcoin Quotes

“Bitcoin is a technological tour de force.” — Bill Gates

“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

“PayPal had these goals of creating a new currency. We failed at that… I think Bitcoin has succeeded on the level of a new currency, but the payment system is lacking.” — Peter Thiel

“Bitcoin changes absolutely everything, I don’t think there is anything more important in my lifetime to work on.” — Jack Dorsey

Jack Dorsey
Jesu..um, I mean, Jack Dorsey. Image source: vanityfair.com

“Bitcoin has proven itself over the last 10 years. It hasn’t been hacked. It’s, by and large, therefore, worked on an operational basis. It has built a significant following. It is an alternative, in a sense, storehold of wealth. It’s like a digital cash. And those are the pluses.” — Ray Dalio

“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, and some have lost money. It is volatile, but people make money off of volatility too.” — Richard Branson

“I invested in crypto. Only what you afford to lose, right?” — Elon Musk

“I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world.” Peter Thiel

“Bitcoin actually has the balance and incentives centre, and that is why it is starting to take off.” — Julian Assange

“Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.” — Nassim Taleb

“Bitcoin is a very exciting development, it might lead to a world currency. I think over the next decade, it will grow to become one of the most important ways to pay for things and transfer assets.” — Kim Dotcom

Kim Dotcom
Kim Dotcom. Source: Reuters

“Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments.” — Leon Luow, Nobel Peace Prize nominee

“I could either watch it happen or be a part of it.” — Elon Musk

“Bitcoin may be the TCP/IP of money.” — Paul Buchheit

“Bitcoin is digital gold — growing harder, smarter, faster, & stronger due to the relentless progression of technology.” — Michael Saylor

“I would say, ‘Do nothing.’ It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement.” — Elon Musk

“It’s an incredible asset. It’s the only one with a limited supply with growing demand. It’s an extraordinary thing, a call option on the future and the world’s most pristine reserve asset.” — Raoul Pal

“Bitcoin will do to banks what email did to the postal industry.” Rick Falkvinge

Blockchain Quotes

“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

“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

“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

Ginni Rometty
Former IBM CEO Ginni Rometty. Source: fortune.com

“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

“The blockchain cannot be described just as a revolution. It is a tsunami-like phenomenon, slowly advancing and gradually enveloping everything along its way by the force of its progression.” — William Mougayar

“The blockchain concept was pioneered within the context of crypto-currency Bitcoin, but engineers have imagined many other ways for distributed ledger technology to streamline the world. Stock exchanges and big banks, for example, are looking at blockchain-type systems as trading settlement platforms.” — Anthony Scaramucci

“After two years working with bitcoin and blockchain companies and corporate leaders, we identified that a significant issue hindering the widespread, global adoption of blockchain is the inability to quickly connect with the right combination of partners for testing and deployment of the technology to address real-world business challenges.” — Meltem Demirors

“Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix Global’s initiative in being the first of many such projects to successfully launch.” — Vitalik Buterin

“I think that governments are going to get disrupted by the blockchain. I think in the same way that the Internet forced everyone to evolve, the Blockchain is going to change the game again.” — Adam Draper

“Blockchain technology has such a wide range of transformational use cases, from recreating the plumbing of Wall Street to creating financial sovereignty in the farthest regions of the world.” — Perianne Boring

Altcoin Quotes

“If crypto succeeds, it’s not because it empowers better people. It’s because it empowers better institutions.” — Vitalik Buterin

Vitalik Buterin
Vitalik Buterin (a really long time ago). Image source: time.com

“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

“Fiat is the ultimate of shitcoin.” — Gun Gun Febrianza

“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

“What value does cryptocurrency add? No one’s been able to answer that question to me.” — Steve Eisman

“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.” — Elon Musk

Elon Musk
Elon Musk (again). Image source: bbc.com

“MaxCoin is competing for the crypto buck, if you will. So is Bitcoin, so is Dogecoin. Altcoins are proving to be formidable because there’s a solid community behind it, there’s a use for it, and it’s got a great market capitalisation. I think that’s going to be a winner.” — Max Keiser

“What’s happening in crypto — and certainly what’s happening at Ripple — we have an opportunity to fundamentally change the way global commerce is managed from a payments point of view.” — Brad Garlinghouse

“Stay away from it. It’s a mirage, basically. In terms of cryptocurrencies, generally, I can say almost with certainty that they will come to a bad ending.” — Warren Buffett

“The internet is going to be one of the major forces for reducing the role of government. One thing that’s missing but that will soon be developed, is a reliable e-cash.” — Milton Friedman

DeFi Quotes

“The Decentralization of Finance is really good for humanity and it’s ultimately a win for each and every one of us. Because now that we can circumvent banks, exchanges and brokerage companies by using smart contracts on the blockchain… every person, every family, and every business will experience more more liberty, more freedom, more opportunities, more abundance, more power, and more wealth.” ― Hendrith Vanlon Smith, Jr.

“DeFi boom is a very near equivalent of an apocalyptic event for the traditional financial institutions.” ― Mohith Agadi

“The DeFi revolution is here to stay. It offers the promise of a bankless world, where you don’t need permission to save or invest your money. Like any nascent technology, there will be times when it gets overhyped, but DeFi is real and it’s already working in the wild. This is just the beginning.” — Tyler Winklevoss

Tyler Winklevoss
Tyler the creator, aka Tyler Winklevoss (which one is anyone’s guess). Source: Getty

“DeFi holds a promising future. We are also excited to see ETH2 launch, and we may even see more users go from BTC to ETH to acquire the 32 needed to stake.” — Jordan Anderson

“The DeFi boom was fast and furious over the past few months. Yield farming projects have cooled off and had their time in the limelight, but a lot of interesting infrastructure elements, such as borrowing and lending platforms, came out of the craze and will be everlasting. As always, Ethereum has the largest developer network and userbase so these products are predominantly ETH based. If ETH 2.0 brings significantly lower transaction costs then this would be welcomed since gas fees were extremely high and cost-prohibitive for the retail market to participate during the DeFi boom. The high gas costs affected our HedgeTrade (copy trade) platform as the smart contract execution costs went parabolic. We’re looking forward to ETH 2.0 ourselves and even looking at certain alternatives to our infrastructure to limit our dependency on fluctuating gas fees.” — David Waslen

“DeFi (fever) is currently like the previous ICO fever — but on steroids. Having said that it is an amazing technology and will deliver true access to both lending and credit without needing intermediaries to sanction anyone’s involvement. Core to its success will be the governance layer, which once stable, will dictate the membership of each project, aligning people with similar world views, risk appetite, and passions.” — Jillian Godsil

“I am excited for ETH2.0! I love seeing improvements and innovation in the space, I will be staking once the conversion is complete. As far and the speed and costs, they claim the “system” will be faster and more affordable as eth costs can get a little ridiculous at the time. I’m hoping the improvements will solve the current issues if they are not the ecosystem could have serious repercussions and many erc20 projects will fail. Let us play to Vitalik that we have a seamless launch in December.” — Crypto Wendy-O

“DeFi gets rid of institutional middlemen. Instead, DeFi platforms directly match up liquidity providers and takers. Costs are low and incentives are aligned.” — Renato Leonard Capelj

“DeFi is giving power to the people by helping the unbanked and underserved have the opportunity to quickly have access to capital through microloans.” — Richard Carthon

Last Words

So the next time you’re shooting the breeze with some crypto bros, drop some knowledge on them by sprinkling a few crypto quotes into the conversation. Even better, if you’re chatting with crypto sceptics, you now have a variety of quotations at your disposal fit for any given conversation — surprise, amuse, inspire, or just inform!

And, remember, as Confucius once said, “Bitcoin’s greatest glory is not in never falling, but in rising every time it falls.”

OK, we might have made that one up…

Originally published at https://www.trality.com/blog/ on July 6, 2022.

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