You need to buy insurance before the calamity hits. Bitcoin is the perfect anti-fiat. Bitcoin is equivalent to default insurance on a basket of fiat credit. You need to own bitcoin as a hedge to the regular calamities of the fiat system.
- Greg Foss - Topics: Cryptocurrency.
I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take them violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop.
- Friedrich A. Hayek - Topics: Banking System, Central Bank, Cryptocurrency, Government.
Bitcoin is insurance against politicians.
- Naval Ravikant - Topics: Cryptocurrency.
There were over 379 articles written, prematurely declaring the end of Bitcoin. Not only did Bitcoin survive, it thrived, becoming the top performing asset of the decade. The naysayers were proved wrong and we learned an important lesson about human nature: most big breakthroughs are contrarian ideas that people dismiss and ridicule at the start.
- Brian Armstrong - Topics: Cryptocurrency.
Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.
- Nassim Nicholas Taleb - Topics: Cryptocurrency.
Bitcoin's mere existence is an insurance policy that will remind governments that the last object establishment could control, namely, the currency, is no longer their monopoly. This gives us, the crowd, an insurance policy against an Orwellian future.’
