The Ledger
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Facebook Will Launch a Crypto Coin and Become Bitcoin's Main Competitor
“Now, I will say also that on crypto, I think that there's a high probability that the company that will really succeed in crypto will be Facebook, and the reason is that for them to launch their own coin and for them to distribute that coin and allow developer…”
Hoffman predicts Bitcoin will approach $200,000 by the end of 2025
“I would say end of 25, so I'm approaching 200,000.”
Startup fundraising will shift to crypto tokens within 10 years
“I actually think in 10 years, some of the craziness will level out. And maybe it's not on Bitcoin, but maybe it's on another token or so, that you will see fundraisers done differently in 10 years.”
Carney: Bitcoin acts as an amplifier of market risk, not a hedge
“What we've seen to some extent with Bitcoin, and it's too short a time series to be definitive about this, is that in some respects been an amplifier of overall risk appetite, certainly over the course of the last”
Lee: ICO crash will trigger capital flight to Bitcoin and Litecoin
“I think there will be a slight to quality. So people would Sell their tokens for Ether, and potentially sell their Ether for Bitcoin. So, it would crash a lot of the ICO tokens, a lot of the altcoins, but I think it would be good for the stronger currencies ou…”
ICOs and token marketplaces will not replace traditional venture capital firms
“When we talk about disruption, I'm very skeptical that where we're going to be in 10 years is, you know, everything is initial coin offerings, and there's no VCs, and, you know, there's just sort of marketplaces like AngelList and Bitcoin, right? Like, I don't…”
Ripley: Bitcoin Volatility Trends Upward Long-Term Unlike Depreciating Fiat
“First I'll point out that it's a lot of volatility up and to the right across the, you know, the history of the, you know, of Bitcoin. And it, it's not a lot of volatility and down and to the right as you know, most fiat currencies perform.”
Bitcoin's Strong Network Effects Put It on Pace to Lead Crypto
“I am what most people call a Bitcoin maximalist, so I think that Bitcoin, because it has such strong network effects already, it's definitely on Pace to be the leader.”
Galston predicts in 2015 that Bitcoin will succeed long-term
“I love Bitcoin. I've spent a lot of time looking into it. You know, I'll take Ben Horowitz's side of the Felix Salmon bet. I think it'll fly long term.”
Chris Dark: Blockchain will fundamentally solve the $500B global remittance industry
“Whether it's Bitcoin or Stellar or whatever that, that, that will fundamentally change remittance around the world, and that's a half a trillion dollar industry or so. So that alone, it absolutely will solve.”
Reses: Dorsey Locked Himself in Square's Office to Build Bitcoin Integration
“I remember in 2017, maybe, yeah, it was end of 20 16 when Jack wanted to put Bitcoin into Cash App. And he, ah, two engineers sat, ah, on the sixth floor of 14 55 market and wouldn't leave the office until they were able to build that product.”
Lee: Litecoin has four times the block space of Bitcoin
“It has four times the block space. So right now it scales better than Bitcoin and transactions are faster.”
Draper: Bitcoin cuts cross-border transfer costs by two-thirds
“Border to border transfer of money. It can be a third the cost and one fifth the time of sending money today with this new technology, which is really, really exciting.”