--- title: "Meaning & Key Takeaway of: You look at Bitcoin, and it is an…" description: "\"You look at Bitcoin, and it is an entirely new currency, completely decentralized, anonymous; transactions occur incredibly fast for free, all designed..." image: "https://sms4smile.com/quotes/i/557/jeff-berwick-34481_bitcoin_you-look-at-bitcoin-and-it-is-an-entirel_2833876.jpg" --- # You look at Bitcoin, and it is an entirely new currency… ![“You look at Bitcoin, and it is an entirely new currency, completely decentralized, anonymous; transactions occur incredibly fast for free, all designed by the free market.” quote by Jeff Berwick](https://sms4smile.com/quotes/i/557/jeff-berwick-34481_bitcoin_you-look-at-bitcoin-and-it-is-an-entirel_2833876.jpg) [Download](https://sms4smile.com/quotes/i/557/jeff-berwick-34481_bitcoin_you-look-at-bitcoin-and-it-is-an-entirel_2833876.jpg) [Open image](https://sms4smile.com/quotes/i/557/jeff-berwick-34481_bitcoin_you-look-at-bitcoin-and-it-is-an-entirel_2833876.jpg) > “You look at Bitcoin, and it is an entirely new currency, completely decentralized, anonymous; transactions occur incredibly fast for free, all designed by the free market.” [Jeff Berwick](https://sms4smile.com/quotes/author/jeff-berwick/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Bitcoin offers fast, free, decentralized transactions, embodying free‑market principles. **In simple terms:** Bitcoin is a free, fast, anonymous currency. Key Takeaway Embrace decentralized finance. Themes technology economics cryptocurrency Mood cautious optimistic Type financial technological When to use this quote - investment - payments - regulation Key Concepts decentralization anonymity market dynamics Questions to Reflect On - How will you protect against price swings? - What role should regulation play? A Different Perspective Volatility and regulatory risk challenge its stability. ★ ★ ★ ★ ★ No ratings yet [Bitcoin](https://sms4smile.com/quotes/about/bitcoin/) [Bitcoin Entirely](https://sms4smile.com/quotes/about/bitcoin-entirely-3677421/) [Completely Decentralized](https://sms4smile.com/quotes/about/completely-decentralized-3677424/) [Currency](https://sms4smile.com/quotes/about/currency/) [Currency Completely](https://sms4smile.com/quotes/about/currency-completely-3677423/) [Free](https://sms4smile.com/quotes/about/free/) [Free market](https://sms4smile.com/quotes/about/free-market/) [Look](https://sms4smile.com/quotes/about/look/) [Look Bitcoin](https://sms4smile.com/quotes/about/look-bitcoin-3677422/) [Market](https://sms4smile.com/quotes/about/market/) [New](https://sms4smile.com/quotes/about/new/) [New Currency](https://sms4smile.com/quotes/about/new-currency-606313/) ## Related quotes > [Think of Bitcoin as a bank account in the cloud, and it's completely decentralized: not the Swiss government, not the American government. It's all…](https://sms4smile.com/quotes/naval-ravikant/think-of-bitcoin-as-a-bank-account-in-the-cloud-and-it-s-completely/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [People have asked why the new currency introduced was different in size and thickness from the old. This is because the new currency has…](https://sms4smile.com/quotes/urjit-patel/people-have-asked-why-the-new-currency-introduced-was-different-in/) [Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/) > [ You got a bag of pot, there's someone who wants to buy it from you. So in a weird way, marijuana has \[become\] and… ](https://sms4smile.com/quotes/tommy-chong/you-got-a-bag-of-pot-there-s-someone-who-wants-to-buy-it-from-you-so/) [Tommy Chong](https://sms4smile.com/quotes/author/tommy-chong/) > [We need to adopt a new currency. It doesn't matter what or how we call it - lira, sterling, Roman sesterce.](https://sms4smile.com/quotes/matteo-salvini/we-need-to-adopt-a-new-currency-it-doesn-t-matter-what-or-how-we-call/) [Matteo Salvini](https://sms4smile.com/quotes/author/matteo-salvini/) > [We're living at a time when attention is the new currency.](https://sms4smile.com/quotes/pete-cashmore/we-re-living-at-a-time-when-attention-is-the-new-currency/) [Pete Cashmore](https://sms4smile.com/quotes/author/pete-cashmore/) > [“Energy is the new currency — and health is how you earn it.”](https://sms4smile.com/quotes/linsey-mills/energy-is-the-new-currency-and-health-is-how-you-earn-it/) [Linsey Mills](https://sms4smile.com/quotes/author/linsey-mills/) > [We're living at a time when attention is the new currency. Those who insert themselves into as many channels as possible look set to…](https://sms4smile.com/quotes/pete-cashmore/we-re-living-at-a-time-when-attention-is-the-new-currency-those-who/) [Pete Cashmore](https://sms4smile.com/quotes/author/pete-cashmore/) > [I think the best projects understand that they don't need to invent a new currency. They don't need to use the block chain as…](https://sms4smile.com/quotes/gavin-andresen/i-think-the-best-projects-understand-that-they-don-t-need-to-invent-a/) [Gavin Andresen](https://sms4smile.com/quotes/author/gavin-andresen/) > [It's clear to me now that Ethereum is the new currency of the Internet. It's way ahead of where Paypal was in its day,…](https://sms4smile.com/quotes/gil-penchina/it-s-clear-to-me-now-that-ethereum-is-the-new-currency-of-the/) [Gil Penchina](https://sms4smile.com/quotes/author/gil-penchina/) > [“Energy is the new currency... Guard & invest it wisely... ~♥~”](https://sms4smile.com/quotes/kytka-hilmar-jezek/energy-is-the-new-currency-guard-invest-it-wisely/) [Kytka Hilmar-Jezek](https://sms4smile.com/quotes/author/kytka-hilmar-jezek/) > [This Bitcoin currency is a voluntary decentralized currency, anonymous. It can't be shut down by anyone; there are no central servers.](https://sms4smile.com/quotes/jeff-berwick/this-bitcoin-currency-is-a-voluntary-decentralized-currency-anonymous/) [Jeff Berwick](https://sms4smile.com/quotes/author/jeff-berwick/) > [We need to come up with use cases for this technology that drive clear benefits for individuals and institutions - these are our customers.…](https://sms4smile.com/quotes/abigail-johnson/we-need-to-come-up-with-use-cases-for-this-technology-that-drive/) [Abigail Johnson](https://sms4smile.com/quotes/author/abigail-johnson/) > [In 2008, Bitcoin was mysteriously introduced to the world in an obscure, technical paper written under the pseudonym Satoshi Nakamoto. By late 2013, the…](https://sms4smile.com/quotes/steve-hanke/in-2008-bitcoin-was-mysteriously-introduced-to-the-world-in-an/) [Steve Hanke](https://sms4smile.com/quotes/author/steve-hanke/) > [I had been exposed to bitcoin early. I thought the consumer application of it felt, to me, further away. I thought there would be…](https://sms4smile.com/quotes/brad-garlinghouse/i-had-been-exposed-to-bitcoin-early-i-thought-the-consumer/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [The bitcoin network is not a payments network and it is not a scaling network.](https://sms4smile.com/quotes/sam-bankman-fried/the-bitcoin-network-is-not-a-payments-network-and-it-is-not-a-scaling/) [Sam Bankman-Fried](https://sms4smile.com/quotes/author/sam-bankman-fried/) ## More by Jeff Berwick > [I think, at the end of the day, Stockhouse will have free services supported by advertising, but we'll also have a number of subscription…](https://sms4smile.com/quotes/jeff-berwick/i-think-at-the-end-of-the-day-stockhouse-will-have-free-services/) [Jeff Berwick](https://sms4smile.com/quotes/author/jeff-berwick/) > [I'm just a citizen of the world.](https://sms4smile.com/quotes/jeff-berwick/i-m-just-a-citizen-of-the-world/) [Jeff Berwick](https://sms4smile.com/quotes/author/jeff-berwick/) > [Anyone who wants to see a very free world does not want government. I also don't like being extorted or being aggressed against by…](https://sms4smile.com/quotes/jeff-berwick/anyone-who-wants-to-see-a-very-free-world-does-not-want-government-i/) [Jeff Berwick](https://sms4smile.com/quotes/author/jeff-berwick/) > [By its nature, governments and taxes are not voluntary. Government actions are violent and coercive, and theft as well.](https://sms4smile.com/quotes/jeff-berwick/by-its-nature-governments-and-taxes-are-not-voluntary-government/) [Jeff Berwick](https://sms4smile.com/quotes/author/jeff-berwick/) > [Government is an unnecessary evil.](https://sms4smile.com/quotes/jeff-berwick/government-is-an-unnecessary-evil/) [Jeff Berwick](https://sms4smile.com/quotes/author/jeff-berwick/) > [This Bitcoin currency is a voluntary decentralized currency, anonymous. It can't be shut down by anyone; there are no central servers.](https://sms4smile.com/quotes/jeff-berwick/this-bitcoin-currency-is-a-voluntary-decentralized-currency-anonymous/) [Jeff Berwick](https://sms4smile.com/quotes/author/jeff-berwick/) > [The Internet is the last place where there is actually a free market on Earth.](https://sms4smile.com/quotes/jeff-berwick/the-internet-is-the-last-place-where-there-is-actually-a-free-market/) [Jeff Berwick](https://sms4smile.com/quotes/author/jeff-berwick/) > [A dollar vigilante is a free market individual who protests the government monopoly and financial policies, such as fractional reserve banking and unbacked fiat…](https://sms4smile.com/quotes/jeff-berwick/a-dollar-vigilante-is-a-free-market-individual-who-protests-the/) [Jeff Berwick](https://sms4smile.com/quotes/author/jeff-berwick/) > [Yes, I am 100% anarchist. Anarchy, to me, is a belief that all transactions, all activity, should be voluntary. It is a peaceful philosophy…](https://sms4smile.com/quotes/jeff-berwick/yes-i-am-100-anarchist-anarchy-to-me-is-a-belief-that-all/) [Jeff Berwick](https://sms4smile.com/quotes/author/jeff-berwick/) > [People think what's in the US today is capitalism. It's not even close to capitalism. Capitalism doesn't have a central bank, capitalism doesn't have…](https://sms4smile.com/quotes/jeff-berwick/people-think-what-s-in-the-us-today-is-capitalism-it-s-not-even-close/) [Jeff Berwick](https://sms4smile.com/quotes/author/jeff-berwick/) > [I can't believe people think they need permission to drive. Or permission to do anything.](https://sms4smile.com/quotes/jeff-berwick/i-can-t-believe-people-think-they-need-permission-to-drive-or/) [Jeff Berwick](https://sms4smile.com/quotes/author/jeff-berwick/) > [There is no point in being a bond vigilante if you cannot influence governments and central banks by selling bonds.](https://sms4smile.com/quotes/jeff-berwick/there-is-no-point-in-being-a-bond-vigilante-if-you-cannot-influence/) [Jeff Berwick](https://sms4smile.com/quotes/author/jeff-berwick/) > [America really started to die when the Federal Reserve was founded, and it really started to die in 1971 when the gold backing was…](https://sms4smile.com/quotes/jeff-berwick/america-really-started-to-die-when-the-federal-reserve-was-founded/) [Jeff Berwick](https://sms4smile.com/quotes/author/jeff-berwick/) [Explore all 14 Jeff Berwick quotes ](https://sms4smile.com/quotes/author/jeff-berwick/) ## More Bitcoin quotes > [The bitcoin network is not a payments network and it is not a scaling network.](https://sms4smile.com/quotes/sam-bankman-fried/the-bitcoin-network-is-not-a-payments-network-and-it-is-not-a-scaling/) [Sam Bankman-Fried](https://sms4smile.com/quotes/author/sam-bankman-fried/) > [I had been exposed to bitcoin early. I thought the consumer application of it felt, to me, further away. I thought there would be…](https://sms4smile.com/quotes/brad-garlinghouse/i-had-been-exposed-to-bitcoin-early-i-thought-the-consumer/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [In 2008, Bitcoin was mysteriously introduced to the world in an obscure, technical paper written under the pseudonym Satoshi Nakamoto. By late 2013, the…](https://sms4smile.com/quotes/steve-hanke/in-2008-bitcoin-was-mysteriously-introduced-to-the-world-in-an/) [Steve Hanke](https://sms4smile.com/quotes/author/steve-hanke/) > [We need to come up with use cases for this technology that drive clear benefits for individuals and institutions - these are our customers.…](https://sms4smile.com/quotes/abigail-johnson/we-need-to-come-up-with-use-cases-for-this-technology-that-drive/) [Abigail Johnson](https://sms4smile.com/quotes/author/abigail-johnson/) > [Sir Richard Branson started out as a small business owner and now owns a conglomerate that will give you a ride to the moon.…](https://sms4smile.com/quotes/perianne-boring/sir-richard-branson-started-out-as-a-small-business-owner-and-now/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) > [Exchanging bitcoin on behalf of ransomware victims should not be construed as criminal activity by the exchanger, not as a matter of law nor…](https://sms4smile.com/quotes/perianne-boring/exchanging-bitcoin-on-behalf-of-ransomware-victims-should-not-be/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) > [Until part of your paycheck is regularly paid in Bitcoin, I'm not sure how it would really go mainstream. I can imagine places in…](https://sms4smile.com/quotes/gavin-andresen/until-part-of-your-paycheck-is-regularly-paid-in-bitcoin-i-m-not-sure/) [Gavin Andresen](https://sms4smile.com/quotes/author/gavin-andresen/) > [Calling bitcoin volatile - it's a non-statement. Unregulated assets with unclear regulatory landscapes are always going to be volatile. That's what unregulated assets do.](https://sms4smile.com/quotes/tyler-winklevoss/calling-bitcoin-volatile-it-s-a-non-statement-unregulated-assets-with/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [We see bitcoin as potentially the greatest social network of all.](https://sms4smile.com/quotes/tyler-winklevoss/we-see-bitcoin-as-potentially-the-greatest-social-network-of-all/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [As the platform and protocol become more ingrained in society, get built into products and services, and basically become more of the mesh of…](https://sms4smile.com/quotes/barry-silbert/as-the-platform-and-protocol-become-more-ingrained-in-society-get/) [Barry Silbert](https://sms4smile.com/quotes/author/barry-silbert/) > [Bitcoin is not “unregulated”. It is regulated by algorithm instead of being regulated by government bureaucracies. Un-corrupted.](https://sms4smile.com/quotes/andreas-antonopoulos/bitcoin-is-not-unregulated-it-is-regulated-by-algorithm-instead-of/) [Andreas Antonopoulos](https://sms4smile.com/quotes/author/andreas-antonopoulos/) > [The rudest possible gift is a gift card. It means you think the person is stupid and has no interests. The only good gift…](https://sms4smile.com/quotes/john-waters/the-rudest-possible-gift-is-a-gift-card-it-means-you-think-the-person/) [John Waters](https://sms4smile.com/quotes/author/john-waters/) > [If the U.S. government tries to restrict or clamp down, that just means there will be many more bitcoin businesses in Hong Kong and…](https://sms4smile.com/quotes/roger-ver/if-the-u-s-government-tries-to-restrict-or-clamp-down-that-just-means/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [What bitcoin does better than the current financial system is it's a better stored value globally. There are a lot of countries that really…](https://sms4smile.com/quotes/adam-draper/what-bitcoin-does-better-than-the-current-financial-system-is-it-s-a/) [Adam Draper](https://sms4smile.com/quotes/author/adam-draper/) > [You really want some natural way for people to get Bitcoins, as part of their paycheck or some other activity so they can turn…](https://sms4smile.com/quotes/gavin-andresen/you-really-want-some-natural-way-for-people-to-get-bitcoins-as-part/) [Gavin Andresen](https://sms4smile.com/quotes/author/gavin-andresen/) [Browse all 364 Bitcoin quotes ](https://sms4smile.com/quotes/about/bitcoin/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "You look at Bitcoin, and it is an entirely new currency, completely decentralized, anonymous; transactions occur incredibly fast for free, all designed by the free market.", "creator": { "@type": "Person", "name": "Jeff Berwick" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/jeff-berwick/you-look-at-bitcoin-and-it-is-an-entirely-new-currency-completely/", "about": { "@type": "Thing", "name": "Bitcoin" }, "@id": "https://sms4smile.com/quotes/jeff-berwick/you-look-at-bitcoin-and-it-is-an-entirely-new-currency-completely/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/557/jeff-berwick-34481_bitcoin_you-look-at-bitcoin-and-it-is-an-entirel_2833876.jpg", "contentUrl": "https://sms4smile.com/quotes/i/557/jeff-berwick-34481_bitcoin_you-look-at-bitcoin-and-it-is-an-entirel_2833876.jpg", "url": "https://sms4smile.com/quotes/i/557/jeff-berwick-34481_bitcoin_you-look-at-bitcoin-and-it-is-an-entirel_2833876.jpg", "width": 1080, "height": 1080, "caption": "“You look at Bitcoin, and it is an entirely new currency, completely decentralized, anonymous; transactions…” — Jeff Berwick", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Jeff Berwick", "item": "https://sms4smile.com/quotes/author/jeff-berwick/" }, { "@type": "ListItem", "position": 4, "name": "You look at Bitcoin, and it...", "item": "https://sms4smile.com/quotes/jeff-berwick/you-look-at-bitcoin-and-it-is-an-entirely-new-currency-completely/" } ], "@id": "https://sms4smile.com/quotes/jeff-berwick/you-look-at-bitcoin-and-it-is-an-entirely-new-currency-completely/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```