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Blockchain Quotes

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Blockchain Quotes

“If any of the above real world, national or regional currencies starts losing its value or falls victim to currency speculators or face any other dangers, not only would the central bank which backs that currency will take action to protect it, the government of that nation too would take supportive action too. Cryptocurrencies are not backed by any central bank, government or financial entity. In fact, and as a consequence, cryptocurrencies are viewed by governments and central banks with trepidation, scepticism and intrigue. Cryptocurrencies by their very concept are beyond the purview of traditional governmental-central bank currency framework, though not outside the economy, nor illegal.”

“Looking at cryptocurrency as an asset, we can say a cryptocurrency is a form of digital or virtual asset securely encrypted based on decentralized networks distributed across several computers. It is only available in digital forms.”

“Jumping from Opportunity to Opportunity is going to be a wild ride - There is nothing as volatile as the Crypto market. As a new investor, you need strategies NOT get-rich-quick schemes. Aside from watching out for RUG PULLS, you should Dollar Cost Average and buy Bitcoin — this means resisting any temptation to get into short-term hype and lose your hard earned money. In Bitcoin, a passive long play investment has a better chance of succeeding than an active trading company.”

“The Decentralization of Finance is really good for humanity and it’s ultimately a win for each and every one of us. Because now that we can circumvent banks, exchanges and brokerage companies by using smart contracts on the blockchain… every person, every family, and every business will experience more more liberty, more freedom, more opportunities, more abundance, more power, and more wealth.”