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Updated on: Thursday, May 30, 2019, 12:55 AM IST

Bitcoins: From Warren Buffet to Shilpa Shetty, what famous people have said about the cryptocurrency

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In this age of disruption, new options have entered in every space taking it to the next level. Technology and innovation has not left any vertical untouched. One of the well-reformed ones is – investments. With the advancements, new investment options have come up for consumers. A simpler procedure, better and quick returns and technology orientation, is what has transformed the way people looked at investments.

Here is what some of the famous people said.

Bill Gates

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Founder of Microsoft and richest person in the world Bill Gates. “I think it’s a technical tour de force but that it is an area where governments are going to maintain a dominant role.” “Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.”

Warren Buffet

CEO of Berkshire Hathaway, Warren Buffet, “Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.”

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Paris Hilton

In 2017, Paris Hilton expressed her excitement for cryptocurrency on Twitter: “Looking forward to participating in the new @LydianCoinLtd Token! #ThisIsNotAnAd #CryptoCurrency #BitCoin #ETH #BlockChain.”

Snoop Dogg

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In 2017, Snoop Dogg was presented with 1,500 SparkleCOINs from the company worth approximately $55,500 as a donation for his youth football program. “I appreciate and accept this kind gesture on behalf of my football league,” he said. Back in 2013, Snoop tweeted his interest in making his music available to purchase via Bitcoin.

Dr. Eric Schmidt

Dr. Eric Schmidt holds a PhD in Computer Science, was CEO of Google and is now Executive Chairman. He is also ranked as the 138th-richest person in the world, with an estimated wealth of $8.3 billion. “Technical answer in bitcoin is that bitcoin is a remarkable cryptography achievements.” “Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value”

Goldman Sachs

The head of the biggest US bank called bitcoin “a fraud” in September 2017 and said the digital currency “won’t end well”, Xinhua news agency reported. He also then said that he would not allow JP Morgan traders to trade bitcoin, noting that “it’s against our rules and they are stupid”.

Shilpa Shetty

In 2017, Shilpa Shetty tweeted about Bitcoin investing: “Adding “Crypto Currency for Beginners” to my reading list! Thanks @amitbitcoin for enlightening me on Bitcoin investing #amitbhardwaj.”

Al Gore

Former Vice President of the United States, “When bitcoin currency is converted from currency into cash, that interface has to remain under some regulatory safeguards. I think the fact that within the bitcoin universe an algorithm replaces the function of the goverment …[that] is actually pretty cool.”

Jeff Garzik

Co-Founder of Bloq Inc, a contributor to Bitcoin Core, Bitcoin developer, “When I first heard about Bitcoin, I thought it was impossible. How can you have a purely digital currency? Can’t I just copy your hard drive and have your bitcoins? I didn’t understand how that could be done, and then I looked into it and it was brilliant.”

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Published on: Thursday, January 11, 2018, 02:04 PM IST
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