Bitcoin

“Most assets are purchased under the premise that I believe the price will be higher tomorrow than it is today. And if we all believe that, then we will all buy it today. And we will all find more people buying it tomorrow. That's what Bitcoin is.”

“That's Bitcoin at one point, you know, we controlled low single digits, mid single digits of the entire float. And had I held on to that, that's talking about, you know, a mid deca billion dollar position.”

“I fished this article out, but in 2014, I was buying a land at Marta's camp in Lake Tahoe. And I told the sales guy there, Jeff Hall, I said, Hey, listen, I'll buy this lot. If you let me buy it in Bitcoin because I wanted to promote. Bitcoin as a transactiona…”

“Whether it's like Howard Marks or Warren Buffett or Charlie Munger, whoever they're all like great investors or whatever, but they're not technologists and it's a blind spot.”

“Bitcoin is the first digital asset to ever be created that you can't create infinite copies of, right?”

“I think that sort of digital gold is a phenomenal use case of Bitcoin, and the more oppressive all these countries become, the more they increase the value of that use case.”

“The way that it would have happened in the first two or three years.”

“They're not going to stop Bitcoin in the West, but they will stop it in China.”

“This is probably a pretty good buying opportunity. We've seen these crashes and Bitcoin many, many times over the years, it plummets down and then it goes back up and it eventually goes back up and reaches a new peak. So this is probably a pretty good entry po…”

“And China can do its best to try and stamp it out, but I don't think they'll be successful at that.”

“I own seven figures worth.”

“If you were a Chinese billionaire looking at this landscape, your priority has got to be to get some wealth outside the country beyond the control of the CCP. You're gonna be buying Bitcoin. You're gonna be trying to get your money overseas.”

“I did this Bitcoin transaction in 2014 or something. I bought some land. I used BitPay. I transferred some Bitcoin, bought the land, blah, blah, blah.”

“Well, I invested in 2011 at 80 dollars.”

“I've structured it so that I don't hold any Bitcoin personally myself because I don't want to have the pressure and the risk of keys and coins and wallets and this and that.”

“This will do more than McDonald's accepting Bitcoin, because this is the first time like a Western democratic state is seizing people's funds like in an incredibly unfair, unnecessary way.”

“I do have a, you know, a reasonable amount of Bitcoin as a hedge to political risk globally, and that's how we think about it.”

“In a three hundred million dollar fund, I put 25 or thirty million dollars into Bitcoin at 50 bucks a coin.”

“The baseline price of Bitcoin, where things seemed, you know, where rational supply and demand were meeting each other before all these, you know, five, 10,000. 3500 to 5000.”

“Most people in Bitcoin are not trying to hedge their existing fiat currency exposure. They're just picking off people in retail and they're just day trading this thing.”

“We have a real problem if Bitcoin is the exit ramp. For an inflationary crisis, because it, it's not accessible enough. It's not easily transactable for, I'm sorry to be negative to the Bitcoin maximalists.”

“It's actually turned Bitcoin. It's something of a honeypot now, because if you used it for nefarious transactions, your transactions record in the blockchain forever, just waiting for chain analysis to find it.”

“The settlement option on the table was to essentially delist everything other than Bitcoin, and so that would have been the end of the industry in the US.”

“We are probably days away from a series of ETFs being approved And so this is the moment for Bitcoin to use that old term, cross the chasm, and really see mainstream adoption, where our parents and our grandparents understand what it is, can buy it, and then d…”

“I think the real question is in the last couple of years, have we really seen a change in Bitcoin? Being used for transactions or for commerce in any meaningful way. I think the answer is still likely not. And it's really a stored value system and it's become …”

“There is an increasing body of countries that will become dual currency. And they will look at their local currency, and then they will look at Bitcoin, and they will say both of these two things are needed.”

“If this thing starts to get to these levels of appreciation, it is going to completely replace gold and start to become something that has transactional utility for hard assets.”

“I heard the Winklevoss brothers are actually announcing That they're donating a million dollars each in Bitcoin to you tomorrow.”

“I'm long gold. I'm long Bitcoin. I think commodities are so ridiculously under owned. So I'm long commodities. I think most young people find their inflation hedges via the NASDAQ. That's also been great. It's probably some combination. I probably have some ba…”

“I think it looks like it's going to be the resounding inflation hedge asset for the next 50 or a hundred years.”

“And if Trump wins, which it looks like he's increasingly going to do, and if he wins by the margins that it looks like it's going to do, you're going to see a lot of these things exacerbate. Gold's going to go up more probably. Bitcoin will probably go. The sh…”

“If you just follow the price of Bitcoin, the price of Doge, the Mexican US dollar exchange ratio, all of those things, we're leading, we're getting that up way before the prediction markets started moving because those are the truest, biggest markets and the m…”

“I do think Bitcoin fundamentally is meant to be, supposed to be, ultimately will become a real threat to the US dollar”

“We need about 4000 to break RSA, 20, 48. And we need about 8000 to break SHA two of 56, which is the underlying encryption framework for Bitcoin.”

“Well, I think the way the sailor financial structure is set up is it looks a lot like a synthetic call option on Bitcoin.”

“He's really running their Bitcoin position, and he's created this massively levered long Bitcoin play. He's borrowing money at essentially zero. It's his returns are bananas right now.”

“Then I looked at micro strategies and that made no sense to me that they were trading at two, three, four times The book value of their Bitcoin. And I think that's not sustainable.”

“Financial strategy of taking out billions of dollars in loans and then trying to corner the market and be the largest shareholder of Bitcoin, which is antithetical to the concept of Bitcoin, somebody cornering the market, also taking out loans and something th…”

“Yeah, I have some. Not, not nearly as much as gold. I'm, you know, that's kind of my diversifier. I try to find what are the, I have to have some, I'm, but I'm a gold guy much more than I am a Bitcoin guy.”

“If we had held all of that, it would be worth just that the portion we sold would be worth over seventeen billion.”

“It's the only one that doesn't have an issuer, right?”

“Back in 2011, I think it's the first time I bought a Bitcoin. I think it was at 120 dollars.”

“We own a decent amount of Bitcoin, and, ah, I think everybody should own, like, a low single digit percentage. It's not an investment price. I think, like, a low single digit in Bitcoin, if you lose it, so be it. If it a hundred X's from here, anything's possi…”

“So, I own, A ton of Bitcoin, first and foremost, right? Kind of a hedge. Have probably five years now.”

“I think Bitcoin is resilient to these entities collapsing. Now, it's not going to be without painful risk that in terms of like people that own Bitcoin, but the thing is, it'll survive that, and all the properties of Bitcoin that people value will remain throu…”

“We should migrate Bitcoin to a quantum resistance signature scheme.”

“The coolest piece of software written in the last 20 years is, I would say, the Bitcoin, like, Nakamoto implementation.”

“I have more in mine.”

“Our official for bull case is 1.5 million.”

“I remember those moments fondly and sadly because I should have listened.”

“Bitcoin is about to break through a 100,000 to the downside, which I think is a psychological barrier that probably has another five or 10% more to run.”

“I think the central banks will realize that there are limitations to gold and limitations to Bitcoin and will, as a result, seek out a completely new cryptographic paradigm That they can control on their balance sheet, that is fungible, that is tradable, and t…”

“Bitcoin was the best performing asset class of the last decade.”

“No one's going to buy a cup of coffee with a bitcoin, etc.”

“It's probably the biggest thing that will hold Bitcoin back from being ubiquitous.”

“No, it doesn't matter when you get into Bitcoin, you always feel late. Right. Because everyone you talk to has in the Bitcoin industry has bought before you.”

“I went to my local car dealership and I bought a car with Bitcoin using BitPay in 2000 and 12 or 13.”

“And i wrote it about bitcoin and i said everybody should put one percent of their net worth into bitcoin and i said it's basically schmuck insurance”

“I sold the apartment, and for roughly 900,000 dollars, like just under a million bucks and then started buying, and I got paid in trenches, because, you know, you get a first down payment, you gotta go paid in trenches, and every trench I get, I just buy. Well…”

“When I joined the Ben Reeves said, look, we have no company. We have no office. Everyone works remotely. We just pay everybody in Bitcoin. And so that's something I learned from that company. And I still look, that's still very heavily used in Binance today.”

“What happened was that Jason hosted an episode of This Week in Startups, roughly, I think, in 2011 with a couple of the Bitcoin core founders, and then Epstein reached out to him for an introduction to those people.”

“Central banks are not going to want to buy Bitcoin and being able to hold it.”