You just can’t bifurcate bitcoin currency from the technology. Bitcoin will always need a monetary base. Barry Silbert Read Quote
To be a more efficient, faster, and cheaper way to send money around the world, you have to be able to get in and out of Bitcoin. You need to have a liquid exchange on either end of the corridor. Barry Silbert Read Quote
That’s a term that I really like – ‘permissionless innovation’ – because anybody who has an idea and has a solution can tap into or can leverage the Bitcoin blockchain. Barry Silbert Read Quote
Essentially, if you decide to sell a widget using BitPay, and you sell the widget for $100, in Bitcoin you get $100. And so it doesn’t matter what the price does the next minute or the next hour. Barry Silbert Read Quote
Once Wall Street starts putting money into Bitcoin – we’re talking about hundreds of millions, billions of dollars moving in – it’s going to have a pretty dramatic effect on the price. Barry Silbert Read Quote
We are very excited about the use of blockchain, whether it’s Bitcoin or not, but we are as enthusiastic as ever about Bitcoin as a global currency and, really more importantly, Bitcoin as a global financial rail. Barry Silbert Read Quote
Just like the Internet disrupted the publishing industry, we’re going to see Bitcoin micropayments creating some very interesting opportunities for pay-as-you-go, pay-based-on-time online businesses and, frankly, some risks as well to the traditional business model as to how things get sold online. Barry Silbert Read Quote
The history of Bitcoin trading is a bubble, a correction, consolidation, and another increase. It’s happened four times, and it will happen again. Barry Silbert Read Quote
Our mission is to accelerate the development of a better financial system; it’s not just development of a better Bitcoin financial system, and so we want to back the best teams, who have the biggest ideas, unique solutions to big problems. Barry Silbert Read Quote
