Quotes, Week 22 ’18

Quotes, Week 22 ’18

Jimmy Wales, Martin D. Weiss, Spencer Bogart, Joseph Lubin and Xi Jinping speaking on cryptocurrency and blockchain issues.

I think this is a space where we’re in serious need of real journalism. Right now, we are in a bubble, the cryptoworld is absolutely, definitely in a bubble. I don’t think there’s many people who would deny that.

Jimmy Wales, Wikipedia co-founder

In the future, cryptocurrencies will do such a fundamentally better job as a safe depository of funds it’s difficult to envision a world in which this technology does not become a game-changer for money and banking.

Martin D. Weiss, the founder of Weiss Ratings Agency

The long-term thesis is very much intact… The institutionalization of Bitcoin is absolutely occurring… Every major bank is trying to do something in the space. Either they’re going to be offering Bitcoin to their clients, they’re working on a custody platform, or they’re opening up a trading desk.

Spencer Bogart, a partner at major VC firm Blockchain Capital

It is really valuable to have regulators in this space taking a look at some of the complicated practices in much less regulated situations. So, whether it’s with respect to cryptocurrencies, and cryptocurrencies — in my opinion — should remain unfettered because they have tremendous use cases, or whether it’s tokens representing securities or other assets, and how that maps into securities law, we’re very happy to see the regulators.

Joseph Lubin, Ethereum co-founder and ConsenSys CEO

Ever since the start of the 21st century, a new generation of industrial revolution is substantially reshaping the global economic structure ... with artificial intelligence, internet of things and blockchain constantly making application breakthroughs.

Xi Jinping, the President of China

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