ShapeShift has no user accounts, signup, or registration process whatsoever. But it’s faster and far more convenient than traditional exchanges. Erik Voorhees Read Quote
The value of Bitcoin is astronomical, but the price goes all over the place as a million buyers and sellers try to figure out what that value is and how likely it is to manifest. Erik Voorhees Read Quote
Bitcoin is open-source, global, and requires no permission from anybody, so thousands of entrepreneurs are gravitating in and building their vision. Erik Voorhees Read Quote
Mt. Gox was a teachable moment for everyone in the Bitcoin community, and ShapeShift has innovated these problems out of the picture. Erik Voorhees Read Quote
Credits in your PayPal account are really just USD-backed – they are not a unique currency themselves. Other ‘digital currencies,’ such as Facebook Credits, can be created out of nothing and without limit, so they are not serious money. Erik Voorhees Read Quote
Digital currency is now a misnomer for Bitcoin. It can be used as currency, but it can be used for many things. Erik Voorhees Read Quote
The Dwolla incident was to be expected. The government will go after sites that it thinks are supposed to register as money transmitters. Some Bitcoin companies will register as such, and some won’t, but business will carry on regardless. Erik Voorhees Read Quote
I was very excited about a currency that was not controlled by a central government, that could be a free market currency. That was all the incentive I needed to dedicate my life to it. Erik Voorhees Read Quote
