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Bitcoin

Created by the pseudonymous Satoshi Nakamoto in 2009, Bitcoin is a peer-to-peer electronic cash system.

Finance and payments Privacy coin

🔑 79%

Reviews for Bitcoin

🔑 11 positive | 💩 3 negative

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I don't have a view on what the ultimate value of a Bitcoin will be nor do I care. I am interested in Bitcoin plain and simply because I believe it can be and possibly will be the financial and transactional protocol for the global Internet.

2013-11-24 | Full Review

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If something is to displace Bitcoin now, it will have to have sizable improvements and it will have to happen quickly. Otherwise, this network effect will carry Bitcoin to dominance.

2014-01-21 | Full Review

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Bitcoin takes powers from the central actors and returns it to merchants and consumers, savers and borrowers. Bitcoin brings back some pseudonymity in the transactions, and can be irrevocably traded like cash. And finally, it points a way towards a single currency – it is a bug, not a feature, that we have multiple global currencies with exchangers and transaction fees in between.

2013-11-07 | Full Review

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Until the Bitcoin community ditches the cranks and adopts a sensible monetary policy that properly recognises both the need for savings to be intermediated into productive investment and the need for money to flow, Bitcoin cannot possibly operate as the anchor of the cryptocurrency ecosystem.

2018-04-11 | Full Review

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Why has Bitcoin failed? It has failed because the community has failed. What was meant to be a new, decentralised form of money that lacked “systemically important institutions” and “too big to fail” has become something even worse: a system completely controlled by just a handful of people. Worse still, the network is on the brink of technical collapse.

2016-01-14 | Full Review

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The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin

2018-03-21 | Full Review

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Bitcoin has unfortunately innovated more lowly than Yahoo in the last 10 years. It may end up the reserve e-gold, but the conservatism that has prevented evolution of the tech may ultimately even threaten that status.

Sean Parker, Philanthropist, Entrepreneur, Founder of Napster

2018-04-29 | Full Review

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In the crypto world, Bitcoin is perceived as slow to change, clunky technologically, and as having bad governance. While all these things may be true, Bitcoin has strong network effects that will maintain its status as the primary value store in the short to medium term.

2017-12-11 | Full Review

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I would be long bitcoin, and neutral to skeptical of just about everything else at this point with a few possible exceptions. There will be one online equivalent to gold, and the one you'd bet on would be the biggest.

2018-03-15 | Full Review

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Why will bitcoin accrue value in a way that ethereum won’t? Because in addition to being a protocol, it is a product.

2018-08-13 | Full Review

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Bitcoin is backed by the full faith and credit of the frustration with incumbent financial institutions.

2014-02-15 | Full Review

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Bitcoin has an interesting property in that it was ethically issued and has ongoing ethics in its distribution: everyone knows the rules and takes risks based on how the code works. Incentives are aligned Most other projects don’t even attempt to duplicate this level of fairness

2018-09-26 | Full Review

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If/when the scaling debate is settled, I believe it will solidify Bitcoin as the store of value of the future. I get laughed at a lot for saying this in front of people in real life, but I truly think we will see a great rotation from global fiat currencies into more fair money systems like Bitcoin and the altcoins created in its wake. If Bitcoin can solve its scaling issues (which I think it will), it is not outside the realm of possibility that one day 1 bitcoin will be worth as much or more than $1million USD in today’s terms.

2017-02-24 | Full Review

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