Digital Quote by Erik Voorhees

“Credits in your PayPal account are really just USD-backed - they are not a unique currency themselves. Other 'digital currencies,' such as Facebook Credits, can be created out of nothing and without limit, so they are not serious money.” quote by Erik Voorhees — Download Open image

“Credits in your PayPal account are really just USD-backed - they are not a unique currency themselves. Other 'digital currencies,' such as Facebook Credits, can be created out of nothing and without limit, so they are not serious money.”

Erik Voorhees

★ ★ ★ ★ ★ 3.3 out of 5 (9 ratings)

More by Erik Voorhees

Bitcoin is absolutely the Wild West of finance, and thank goodness. It represents a whole legion of adventurers and entrepreneurs, of risk takers, inventors,…

Erik Voorhees

Image

Personally, I had over 550 BTC in Gox. I will never get any of that back.

Erik Voorhees

Image

Whenever the price of cryptocurrency is rallying, people start spending a lot more.

Erik Voorhees

Image

You cannot have an asset that goes up in price 1% every month or 1% every six months or every day without people starting…

Erik Voorhees

Image

Bitcoin is open-source, global, and requires no permission from anybody, so thousands of entrepreneurs are gravitating in and building their vision.

Erik Voorhees

Image

The number of industries, communities, habits, traditions, and even interpersonal interactions that Bitcoin has the potential to revolutionize is massive.

Erik Voorhees

Image

In the longterm for Bitcoin, Gox needed to go away.

Erik Voorhees

Image

Bitcoin is very ideologically fulfilling, it's my form of political activism, but it's also a huge business opportunity.

Erik Voorhees

Image

Mt. Gox was a teachable moment for everyone in the Bitcoin community, and ShapeShift has innovated these problems out of the picture.

Erik Voorhees

Image

Like the Internet, Bitcoin will change the way people interact and do business around the world.

Erik Voorhees

Image

The value of Bitcoin is astronomical, but the price goes all over the place as a million buyers and sellers try to figure out…

Erik Voorhees

Image

Unfortunately, slow and steady in any financial market is actually impossible.

Erik Voorhees

Image

Explore all 27 Erik Voorhees quotes

More Digital quotes

I had an idea for a technologically advanced luxury watch. I got involved in digital art and neon painting and put on shows of…

Giorgio Moroder

Image

Look at music for what it's worth around the world and not just America. In other countries, people are still buying CDs and going…

Snoop Dogg

Image

When I went to medical school, the term 'digital' applied only to rectal exams.

Eric Topol

Image

We want to free our citizens from the burden of excessive paper documents in every office. We want paperless transactions. We will set up…

Narendra Modi

Image

I'm not mad at digital media at all; I just see the importance and beauty of physical media.

El-P

Image

To bring the benefits of the digital age to all Americans, the FCC needs to make it easier for companies to build and expand…

Ajit Pai

Image

It is very hard to transform your culture and your workforce to be a relevant company in the digital world if all of your…

Julie Sweet

Image

Many American TV actors employ agents, managers, business managers, publicists and stylists, and are now adding digital media manager to the list. Their job…

Gina Bellman