“Bitcoin will do to banks what email did to the postal industry.”
– Rick Falkvinge, Founder of the Swedish pirate party.
In 1999, Professor Milton Friedman, a Nobel Prize winner in economics stated:
“I think the internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing but that will soon be developed, is a reliable e-cash.”
Nine years later, Bitcoin was born.
“I really like Bitcoin. I own Bitcoins. It’s a store of value, a distributed ledger. It’s a great place to put assets, especially [where] a government’s currency does not hold value. It’s also a good investment vehicle if you have an appetite for risk… “
– David Marcus, CEO of Paypal.