50+ Famous Crypto Quotes from Big Investors in the World

Cryptocurrency has sparked much controversy, with each person having a different perspective. However, the wise words about cryptocurrency from famous investors worldwide often attract more attention. When they express their personal views on cryptocurrencies, it can also have some impact on the market. Below are 50+ famous crypto quotes from famous investors that you might find interesting.

50+ Famous Crypto Quotes from Big Investors

5 Quotes About Cryptocurrency from Billionaire Warren Buffett

 

Billionaire Warren Buffett is one of the greatest investors of all time, known to almost every investor. He became one of the top 10 billionaires in the world through stock market investments and is known for his skepticism towards Bitcoin and cryptocurrencies.

So, what does Warren Buffet think about Bitcoin?

“Bitcoin is like rat poison squared.”

Well, that doesn’t sound very positive. Is that the definitive answer to whether Buffet considers investing in cryptocurrency?

What does Warren Buffet think about investing in Bitcoin?

“I don’t own any Bitcoin. I don’t own any cryptocurrency, I never will.”

Why doesn’t Warren Buffet invest in Bitcoin?

“If you don’t understand it, you’ll much more willing to have it. You can do things you can’t do. You can have anything you want to imagine if you just look at something and say, ‘magical.’ I’ll wave my magic wand. I have enough trouble with things I think I know something about. Why in the world should I take a long or short position on something I don’t know anything about?”

What does Warren Buffet think about the utility of cryptocurrency?

“They don’t reproduce, they can’t mail you a check, they can’t do anything, and what you hope is that somebody else comes along and pays you more money for them later on, but then that person’s got the problem.”

In other words, Warren Buffet sees Bitcoin as a case of the “greater fool theory,” where you can only profit from your investment by selling it to someone else at a higher price. Fair enough.

4 famous crypto quotes from Charlie Munger

Charlie Munger is also a famous global investor, a partner of Warren Buffett, and shares a similar view with Warren Buffett in not trusting cryptocurrencies.

What does Charlie Munger think about cryptocurrency?

“I wish the whole damn development had never happened.”

Why does Charlie Munger dislike Bitcoin?

“Of course, I hate the Bitcoin success. I don’t welcome a currency that’s useful to kidnappers and extortionists and so forth, nor do I like just shuffling out of your extra billions of billions of dollars to somebody who just invented a new financial product out of thin air.”

Why will Charlie Munger never buy Bitcoin?

“It’s really kind of an artificial substitute for gold. And since I never buy any gold, I never buy any Bitcoin. Bitcoin reminds me of what Oscar Wilde said about fox hunting. He said it was the pursuit of the uneatable by the unspeakable.”

Does Charlie Munger have regrets about not buying Bitcoin?

“I’m certain I’ll never buy any Bitcoin. I’m proud of the fact that I avoided it. It’s like someone else is trading turds and you decide I can’t be left out.”

5 famous crypto quotes from Janet Yellen

Janet Yellen is the first female U.S. Secretary of the Treasury in history and is not a strong supporter of cryptocurrencies, as evident from her statements:

What does Janet Yellen think about cryptocurrency?

“I will just say outright that I am not a fan, and let me tell you why. I know there are hundreds of cryptocurrencies, and maybe something is coming down the line that is more appealing, but I think first of all, very few transactions are actually handled by Bitcoin, and many of those do take place on Bitcoin are illegal transactions.”

What does Janet Yellen think about the use case of Bitcoin?

“It is not a stable store of value, and it doesn’t constitute legal tender. It is a highly speculative asset.”

Admittedly, Bitcoin is highly volatile, but all the volatility in its decade-long history has trended upwards, and it has outperformed many other assets. Not bad for something highly speculative.

What Janet Yellen Thinks Is Wrong with Bitcoin?

It’s an extremely inefficient way of conducting transactions, and the energy consumption during the transaction processing is astonishing.

What Does Janet Yellen Think About Blockchain Technology?

Blockchain is a new, highly important technology that can have implications for how transactions are processed throughout the financial system.

I think it can lead to faster, safer, and cheaper payments, which are important goals.

4 famous crypto quotes by Gary Vee

Gary Vaynerchuk (also known as Gary Vee) is an investor with a strong belief in NFTs, and he has influenced the NFT community on Twitter.

What Does Gary Vee Think About NFTs?

I think NFTs have been seriously misunderstood. People think that Andy Warhols and Jackson Pollocks shouldn’t have value. People think that sports cards shouldn’t have value. People think sneakers shouldn’t have value.

Why Is Gary Vee So Optimistic About NFTs?

We’re living more and more in a digital context, and NFTs become assets to signal who you are. And that’s what humans have done to buy things to communicate. And NFTs will be a smaller version of that.

However, Gary Vee is honest enough to acknowledge that not all NFTs will succeed. He is well aware of the many scams and low-quality projects in the NFT space.

What Does Gary Vee Think About the Sustainability of NFTs?

I believe that 98% to 99% of NFT projects will fail when investing, but that’s similar to me as internet stocks in ’99 and 2000. But Amazon.com was there. The internet has changed our lives, and blockchain along with NFTs will do the same.

What Does Gary Vee Think About Bitcoin?

Bitcoin is limited – NFT projects are not.

Notable Quotes About Cryptocurrency by Jeff Bezos

Jeff Bezos is the owner of the world’s leading e-commerce platform, Amazon. Bezos is an interesting figure on this list because he hasn’t made any statements about cryptocurrencies. While there have been many rumors about Amazon using cryptocurrency as a payment method, Bezos has never commented on that possibility. It’s also unknown whether he personally owns any cryptocurrency.

5 Insightful Quotes About Cryptocurrency by Ray Dalio

Ray Dalio is a seasoned investor who was initially not a big fan of Bitcoin or cryptocurrencies. However, if that’s true, he has made a 180-degree turn to become one of the prominent supporters of cryptocurrency’s development.

What Does Ray Dalio Think About Bitcoin?

Bitcoin has proven itself over the last 10 years. It hasn’t been hacked. It has built a significant following. In a sense, it’s a store of wealth. It’s like a digital cash. And those are the pluses.

Ray Dalio’s Perspective on Cryptocurrency vs. Fiat Currency?

I see cryptocurrencies as a type of alternative gold in a digital environment, and I think the more that we create savings in it, the more you might say, ‘I’d rather have Bitcoin than the bond.’

Does Ray Dalio Personally Own Any Cryptocurrency?

I think to not have any Bitcoin is crazy. It’s almost irresponsible. It should be part of any portfolio.

Ray Dalio’s Thoughts on Bitcoin Regulation?

You have El Salvador adopting it, and you have India and China banning it. And you have the United States talking about how to regulate it, and it could still be controlled.

However, unlike some upcoming cryptocurrency bull runs, Ray Dalio doubts that Bitcoin will ultimately surpass the current reigning players in the monetary system.

Ray Dalio’s Perspective on the Future of Bitcoin?

I think ultimately if it’s really successful, they’ll kill it or they’ll try to kill it, and I think they will kill it because they have ways of killing it.

5 Memorable Quotes About Cryptocurrency by Mark Cuban

The next world-famous investor with insightful quotes about cryptocurrency is billionaire Mark Cuban. He is the owner of the NBA’s Dallas Mavericks, an investor on “Shark Tank,” co-owner of 2929 Entertainment, and chairman of AXS TV.

What Does Mark Cuban Think About Cryptocurrency?

Crypto reminds me of 1995. It’s not so much about all the tokens, all the transactions, and all the craziness that’s going on – that’s more like the dot-com stock market. What’s interesting to me about cryptocurrency is the underlying blockchain technology and the ability to connect with smart contracts.

Mark Cuban’s Perspective on the Development of Cryptocurrency in the Future?

You’re seeing millions and millions of people invest in cryptocurrency because it’s cheaper and much simpler than investing in stocks. I don’t think we understand all the impacts of cryptocurrency.

What Does Mark Cuban Think About Different Blockchains?

Bitcoin is a store of value, like gold. The bitcoiners – the ones who eat, sleep, breathe bitcoin and think it’s going to save the world – believe it’s a reserve currency, and when fiat currency collapses for whatever reason, they see bitcoin as the white knight. But I don’t see it that way at all.

Mark Cuban’s Perspective on Understanding Blockchain Technology?

If you don’t understand blockchain, it will bite you and make you bleed.

What Does Mark Cuban Think About Bitcoin?

We’re in a battle between blockchains. Not all of them will survive. It will truly be the applications and innovations that drive their success, much like in the early days of the Internet.

5 Memorable Quotes About Cryptocurrency by Chamath Palihapitiya

Chamath Palihapitiya is a well-known venture capitalist and co-owner of the Golden State Warriors brand. Clearly, he is also involved in cryptocurrency and is a seed investor in Solana. Therefore, it’s not surprising to see his optimistic predictions about Bitcoin:

Chamath Palihapitiya’s Prediction for the Price of Bitcoin?

I think this thing [Bitcoin] has the potential to be worth $100,000 in three or four years. And in 20 years, it will be a million dollars for one bitcoin.

What Is Chamath Palihapitiya Building in His Cryptocurrency Investment Portfolio?

I’m building a fairly sizable portfolio of what are called NFTs, some digital art, some virtual trading cards, and these things sound crazy to some people, but I think it’s the next frontier of digital currency and digital assets. So, I’m building a portfolio for myself.

What Does Chamath Palihapitiya Think About the Impact of Cryptocurrency on Financial Opportunities for Minority Groups?

Cryptocurrency levels the playing field.

There are some truths in there. Investing in cryptocurrency is accessible to anyone, while traditional finance may come with racial discrimination or simply not be accessible to regular investors due to strict regulations.

Chamath Palihapitiya’s View on How Cryptocurrency Impacts the Monetary System?

Now this is a confidence game. There is no real utility in this. This is a fantastic fundamental hedge and store of value against autocratic regimes and banking infrastructure that we know is corrosive to how the world needs to work properly. You cannot have central banks infinitely printing currency.

Interestingly, Chamath recognizes that there is “no real utility” in cryptocurrency, yet he still believes it is a great fundamental hedge against traditional financial systems.

Chamath Palihapitiya’s View on the Generational Impact of Cryptocurrency?

It dismantles the ethos of capitalism. If you think about what capitalism is, it’s effectively taking your surplus labor and your surplus capital, putting it into a pool, and giving you back little tokens that let you buy things in the world. And NFTs will be the smaller version of that.

3 Insightful Quotes About Cryptocurrency by Raoul Pal

Raoul Pal is a highly experienced investor, and he is also very optimistic about the future of cryptocurrency.

What Does Raoul Pal Think About Bitcoin?

Bitcoin is eating the world… It’s become a gigantic, supermassive black hole that’s sucking in everything around it and destroying it. This story is only going to develop over the next 18 months. You can see it – gold is underperforming Bitcoin… and gold investors will shift to BTC.

This statement is from 2020, and we can see how Bitcoin has truly exploded in 2021.

Raoul Pal’s Perspective on the Future Prospects of Bitcoin as an Asset?

It’s an extraordinary asset. It’s the only asset in the world that has a capped supply with increasing demand. It’s an extraordinary thing, an option on the future, and the purest form of digital reserve asset in the world.

What Is Raoul Pal’s Price Prediction for Cryptocurrency?

I look at the entire derivative market, it’s $1 quadrillion. I think it’s a reasonable potential that this is a $250 trillion asset class, which is 100 times what it is today, possibly in the shortest period of time for any asset class in the history of the world.

This is perhaps the most optimistic price prediction we’ve seen (even more optimistic than Michael Saylor, who has strong belief in bitcoin and cryptocurrency). A 100-fold increase certainly requires cryptocurrency to be widely accepted as a store of value and means of payment.

5 Memorable Quotes About Cryptocurrency by Elon Musk

Elon Musk, the world’s leading billionaire, owner of the electric car company Tesla, and Twitter influencer, is undoubtedly one of the most influential figures in the world of cryptocurrency. His tweets often generate significant attention and can impact the prices of certain coins, especially Dogecoin.
So, what does Elon think about Bitcoin?

The structure of Bitcoin is very clever. Paper money will disappear, and digital currency is a much better way to transfer value than a piece of paper; that’s for sure.

I think Bitcoin is on the verge of gaining widespread acceptance among conventional financial professionals.

What does Elon Musk think about regulations for cryptocurrencies?

I’d say “Do nothing.” I think you can’t destroy cryptocurrency, but governments can slow down its development.

What does Elon Musk say about Dogecoin?

I find that typically the most ironic and entertaining outcome is the most likely. And the most ironic outcome would be that Dogecoin becomes the currency of Earth in the future.

7 Memorable Quotes About Cryptocurrency by Michael Saylor

Michael Saylor, the CEO of MicroStrategy, is a firm believer in the future of Bitcoin. In 2021, when Bitcoin saw substantial growth, his assets increased significantly, making him one of the wealthiest individuals in the cryptocurrency space. Despite the recent drop in Bitcoin prices causing challenges for his company, let’s see what he thinks about cryptocurrencies.

What does Michael Saylor think about Bitcoin?

All my best investments are networks that everyone needs, that no one can stop, and few understand. Bitcoin is a monetary network.

Bitcoin is digital gold—harder, smarter, faster, and stronger due to its relentless technological development.

Bitcoin is a solution. Everything else is noise.

My formula for success is wake up early, work late, and buy Bitcoin.

What is Michael Saylor’s investment strategy?

When you’re thinking of buying any long-term asset, whether it’s real estate or Bitcoin, for example, if you don’t want to hold it for a decade, you shouldn’t hold it for 10 minutes.

What does Michael Saylor think about cryptocurrency?

Cryptocurrency is the worst term, because legally it’s not a currency. ‘Crypto money’ is an intellectual term, but the problem is most people equate money with currency, and so they fall into the same cognitive trap. ‘Digital asset’ is much better.

5 Insightful Quotes About Cryptocurrency by Jack Dorsey

The last person on the list is the former CEO of Twitter, Jack Dorsey. Although it’s not known how much Bitcoin he holds, his statements show a deep appreciation for Bitcoin.

What does Jack Dorsey think about Bitcoin?

Bitcoin changes everything. I don’t think there is anything more important in my lifetime to work on.

What did Jack Dorsey say about his future and Bitcoin?

If I were not at Square or Twitter, I would be working on bitcoin.

After leaving Twitter, Dorsey hasn’t commented on what he will pursue professionally, but many believe it will be related to Bitcoin and cryptocurrency.

He also believes that Bitcoin will become the global reserve currency, although it may not happen quickly.

What does Jack Dorsey think about Bitcoin as a reserve currency?

It’s slow and costly, but as more and more people use it, those things will go away. There are newer technologies built on top of the blockchain that make it more accessible.

In the end, there will be only one type of currency in the world, and the internet will have only one type of currency. Personally, I believe it will be Bitcoin, maybe more than 10 years, but it could be sooner.

What does Jack Dorsey think about the Bitcoin community?

What inspires me the most about bitcoin is the community driving it. It’s principled, weird, and always evolving. It just reminds me of the early days of the Internet.

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It can be seen that there are many contrasting opinions about the future of Bitcoin and cryptocurrencies from famous investors worldwide. While experienced investors like Warren Buffett have no trust in the future of Bitcoin, newly wealthy investors have strong faith in it. What about you? What do you think about the future of the world’s largest digital currency as well as cryptocurrencies in general? If you have any opinions, please leave a comment below so that we can discuss together.