Marc Andreessen on Bitcoin

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Marc Andreessen co-founded Netscape and Loudcloud before starting the venture capital firm Andreessen Horowitz, where he remains a general partner today.

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

Finance and payments

Bitcoin reviews by Marc Andreessen

πŸ”‘ 3 positive | πŸ’© 0 negative

2018

  • πŸ”‘

    Bitcoin is still working today, exactly the same as it worked last year and the year before that and the year before that. By all the noise and all of the stuff and all of the crashes and this and that and the other thing, it just continues to work. It just is. It’s becoming like air or water. It just is, like it or hate it. It just is.

    2018-01-01 | Full Review

2014

  • πŸ”‘

    Bitcoin may or may not workβ€”and frankly I don't think anybody knows one way or another. But if it does work, it could be profound and revolutionary and gigantic.

    So you discount risk and return in that way. I'm completely excited to take that risk and it's a classic venture capital risk to take.

    2014-10-15 | Full Review

  • πŸ”‘

    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

More Bitcoin reviews

Compare Marc Andreessen's Bitcoin reviews with other expert reviews of Bitcoin.

πŸ”‘

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

πŸ”‘

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

πŸ’©

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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