Sam Altman on Bitcoin

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Sam Altman is the president of Y Combinator and co-founder of OpenAI. He briefly served as CEO of Reddit and co-founded Loopt.

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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 Sam Altman

๐Ÿ”‘ 0 positive | ๐Ÿ’ฉ 2 negative

2014

  • ๐Ÿ’ฉ

    One big difference between BTC and the internet: when the internet was 6 years old, the people that said it was the future used it every day.

    2014-11-22 | Full Review

2013

  • ๐Ÿ’ฉ

    The fact that the few merchants willing to accept bitcoin generally convert to dollars right away suggests an underlying lack of faith in bitcoinโ€”or at least a problem with the volatility. Itโ€™s also a reflection of the reality that a business still needs to deal in dollars with most of the world.

    2013-12-01 | Full Review

More Bitcoin reviews

Compare Sam Altman's Bitcoin reviews with other expert reviews of Bitcoin.

๐Ÿ”‘

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

๐Ÿ”‘

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

๐Ÿ”‘

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 โ€“ 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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