--- title: "Meaning & Key Takeaway of: Maybe bitcoin is a kind of a bubble. I…" description: "\"Maybe bitcoin is a kind of a bubble. I don't like it. I'm not comfortable with it. I'm kind of an old dog to be absorbing that kind of a new trick.\" — ..." image: "https://sms4smile.com/quotes/i/e23/lloyd-blankfein-12181_bitcoin_maybe-bitcoin-is-a-kind-of-a-bubble-i-do_1252638.png" --- # Maybe bitcoin is a kind of a bubble. I don't like it. I'm… ![“Maybe bitcoin is a kind of a bubble. I don't like it. I'm not comfortable with it. I'm kind of an old dog to be absorbing that kind of a new trick.” quote by Lloyd Blankfein](https://sms4smile.com/quotes/i/e23/lloyd-blankfein-12181_bitcoin_maybe-bitcoin-is-a-kind-of-a-bubble-i-do_1252638.png) [Download](https://sms4smile.com/quotes/i/e23/lloyd-blankfein-12181_bitcoin_maybe-bitcoin-is-a-kind-of-a-bubble-i-do_1252638.png) [Open image](https://sms4smile.com/quotes/i/e23/lloyd-blankfein-12181_bitcoin_maybe-bitcoin-is-a-kind-of-a-bubble-i-do_1252638.png) > “Maybe bitcoin is a kind of a bubble. I don't like it. I'm not comfortable with it. I'm kind of an old dog to be absorbing that kind of a new trick.” [Lloyd Blankfein](https://sms4smile.com/quotes/author/lloyd-blankfein/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Bitcoin feels like a speculative bubble and uncomfortable for traditional investors, reflecting generational resistance to rapid tech change. **In simple terms:** Bitcoin seems like a risky bubble. Key Takeaway Approach new tech cautiously. Themes finance technology risk Mood skeptical cautious Type financial technological When to use this quote - investment decisions - financial planning - tech education Key Concepts Cryptocurrency adoption generational tech gaps Questions to Reflect On - Are you open to learning new financial tools? - What factors make you distrust new tech? A Different Perspective Dismissal may miss transformative potential. ★ ★ ★ ★ ★ No ratings yet [Bitcoin](https://sms4smile.com/quotes/about/bitcoin/) [Currency](https://sms4smile.com/quotes/about/currency/) [Dog](https://sms4smile.com/quotes/about/dog/) ## Related quotes > [I don't have social media so I'm kind of in a bubble, but I hear there's a lot going on.](https://sms4smile.com/quotes/mike-colter/i-don-t-have-social-media-so-i-m-kind-of-in-a-bubble-but-i-hear-there/) [Mike Colter](https://sms4smile.com/quotes/author/mike-colter/) > [You know, as an only child, you're kind of in a bubble, and there are all sorts of things about my childhood that I…](https://sms4smile.com/quotes/anonymous/you-know-as-an-only-child-you-re-kind-of-in-a-bubble-and-there-are/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [We always like to keep our children in a kind of bubble and censor the bad news about the world. We like to tell…](https://sms4smile.com/quotes/kazuo-ishiguro/we-always-like-to-keep-our-children-in-a-kind-of-bubble-and-censor/) [Kazuo Ishiguro](https://sms4smile.com/quotes/author/kazuo-ishiguro/) > [“Hang the boy, can't I never learn anything? Ain't he played tricks on me enough like that for me to be looking out for…](https://sms4smile.com/quotes/mark-twain/hang-the-boy-can-t-i-never-learn-anything-ain-t-he-played-tricks-on/) [Mark Twain](https://sms4smile.com/quotes/author/mark-twain/) > [Doing the same thing in the same way year after year is like eating a quail a day for thirty days. Along toward the…](https://sms4smile.com/quotes/george-horace-lorimer/doing-the-same-thing-in-the-same-way-year-after-year-is-like-eating-a/) [George Horace Lorimer](https://sms4smile.com/quotes/author/george-horace-lorimer/) > [“From Orient Point The art of living isn't hard to muster: Enjoy the hour, not what it might portend. When someone makes you promises,…](https://sms4smile.com/quotes/marilyn-hacker/from-orient-point-the-art-of-living-isn-t-hard-to-muster-enjoy-the/) [Marilyn Hacker](https://sms4smile.com/quotes/author/marilyn-hacker/) > [“Be slow in choosing a friend, slower in changing. There are three faithful friends in our life,an old wife,an old dog and ready money.…](https://sms4smile.com/quotes/poor-richard-s-almanack/be-slow-in-choosing-a-friend-slower-in-changing-there-are-three/) Poor Richard's Almanack > [Blasphemy is what an old dogma screams at a new truth.](https://sms4smile.com/quotes/robert-green-ingersoll/blasphemy-is-what-an-old-dogma-screams-at-a-new-truth/) [Robert Green Ingersoll](https://sms4smile.com/quotes/author/robert-green-ingersoll/) > [“Slowly the poison the whole blood stream fills. It is not the effort nor the failure tires. 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"Shadow is ill, Em.…](https://sms4smile.com/quotes/heather-fawcett/what-did-these-brownies-tell-you-i-d-no-idea-such-folk-could-help-a/) [Heather Fawcett](https://sms4smile.com/quotes/author/heather-fawcett/) > [If you want to talk with the dogs, you must learn to bark, and bark like an old dog because he doesnt bark without…](https://sms4smile.com/quotes/vikrant-parsai/if-you-want-to-talk-with-the-dogs-you-must-learn-to-bark-and-bark/) [Vikrant Parsai](https://sms4smile.com/quotes/author/vikrant-parsai/) > [The name is not important anymore - it's the tone that counts. I feel like an old dog I know. He will come to…](https://sms4smile.com/quotes/robert-fulghum/the-name-is-not-important-anymore-it-s-the-tone-that-counts-i-feel/) [Robert Fulghum](https://sms4smile.com/quotes/author/robert-fulghum/) > [You can't teach an old dog new dog new tricks. Now,you can give an old dog new toys. And we've got one here!](https://sms4smile.com/quotes/si-robertson/you-can-t-teach-an-old-dog-new-dog-new-tricks-now-you-can-give-an-old/) [Si Robertson](https://sms4smile.com/quotes/author/si-robertson/) > [Who's this—alone with stone and sky? It's only my old dog and I— It's only him; it's only me; Alone with stone and grass…](https://sms4smile.com/quotes/siegfried-sassoon/who-s-this-alone-with-stone-and-sky-it-s-only-my-old-dog-and-i-it-s/) [Siegfried Sassoon](https://sms4smile.com/quotes/author/siegfried-sassoon/) ## More by Lloyd Blankfein > [Ambition is your inner voice that tells you, you can, and should, strive to go beyond your circumstances or situation in life.](https://sms4smile.com/quotes/lloyd-blankfein/ambition-is-your-inner-voice-that-tells-you-you-can-and-should-strive/) [Lloyd Blankfein](https://sms4smile.com/quotes/author/lloyd-blankfein/) > [I'd say if you wanted to forestall bad events, the best thing to do is anticipate them and try to correct them before they…](https://sms4smile.com/quotes/lloyd-blankfein/i-d-say-if-you-wanted-to-forestall-bad-events-the-best-thing-to-do-is/) [Lloyd Blankfein](https://sms4smile.com/quotes/author/lloyd-blankfein/) > [Companies that grow create wealth. This, in turn, allows people to have jobs that create more growth and more wealth. It's a virtuous cycle.](https://sms4smile.com/quotes/lloyd-blankfein/companies-that-grow-create-wealth-this-in-turn-allows-people-to-have/) [Lloyd Blankfein](https://sms4smile.com/quotes/author/lloyd-blankfein/) > [I am specifically concerned about the idea that the legislative process is one that gets characterized the way it is as the 'fiscal cliff.'…](https://sms4smile.com/quotes/lloyd-blankfein/i-am-specifically-concerned-about-the-idea-that-the-legislative/) [Lloyd Blankfein](https://sms4smile.com/quotes/author/lloyd-blankfein/) > [At the end of the day, it's not a normal condition to have interest rates at zero.](https://sms4smile.com/quotes/lloyd-blankfein/at-the-end-of-the-day-it-s-not-a-normal-condition-to-have-interest/) [Lloyd Blankfein](https://sms4smile.com/quotes/author/lloyd-blankfein/) > [As CEO of a big company, I have to be a kind of a champion of the interests of our people as insofar as…](https://sms4smile.com/quotes/lloyd-blankfein/as-ceo-of-a-big-company-i-have-to-be-a-kind-of-a-champion-of-the/) [Lloyd Blankfein](https://sms4smile.com/quotes/author/lloyd-blankfein/) > [Mysterious can be cool, if you're in Hollywood and everyone's happy. But it can be really bad if people perceive that the financial interests…](https://sms4smile.com/quotes/lloyd-blankfein/mysterious-can-be-cool-if-you-re-in-hollywood-and-everyone-s-happy/) [Lloyd Blankfein](https://sms4smile.com/quotes/author/lloyd-blankfein/) > [Change is often the agent of progress in ways we can't always readily see in the early days.](https://sms4smile.com/quotes/lloyd-blankfein/change-is-often-the-agent-of-progress-in-ways-we-can-t-always-readily/) [Lloyd Blankfein](https://sms4smile.com/quotes/author/lloyd-blankfein/) > [I started out as a lawyer and came in laterally to Goldman Sachs. So I learned myself that life is unpredictable. That you really…](https://sms4smile.com/quotes/lloyd-blankfein/i-started-out-as-a-lawyer-and-came-in-laterally-to-goldman-sachs-so-i/) [Lloyd Blankfein](https://sms4smile.com/quotes/author/lloyd-blankfein/) > [If you do something really well, the entire world beats a path to your door. The number three, number five, number 400 player gets…](https://sms4smile.com/quotes/lloyd-blankfein/if-you-do-something-really-well-the-entire-world-beats-a-path-to-your/) [Lloyd Blankfein](https://sms4smile.com/quotes/author/lloyd-blankfein/) > [You can look at history of these things, and Social Security wasn't devised to be a system that supported you for a 30-year retirement…](https://sms4smile.com/quotes/lloyd-blankfein/you-can-look-at-history-of-these-things-and-social-security-wasn-t/) [Lloyd Blankfein](https://sms4smile.com/quotes/author/lloyd-blankfein/) > [The U.S. is not pure capitalism. In fact, there's no place for pure capitalism, unregulated capitalism. We have a regulated system.](https://sms4smile.com/quotes/lloyd-blankfein/the-u-s-is-not-pure-capitalism-in-fact-there-s-no-place-for-pure/) [Lloyd Blankfein](https://sms4smile.com/quotes/author/lloyd-blankfein/) > [There is a tradition in America of people in business not only commenting on the way the government is being run but doing something…](https://sms4smile.com/quotes/lloyd-blankfein/there-is-a-tradition-in-america-of-people-in-business-not-only/) [Lloyd Blankfein](https://sms4smile.com/quotes/author/lloyd-blankfein/) > [To the extent I bloomed, I'm a late bloomer.](https://sms4smile.com/quotes/lloyd-blankfein/to-the-extent-i-bloomed-i-m-a-late-bloomer/) [Lloyd Blankfein](https://sms4smile.com/quotes/author/lloyd-blankfein/) > [Let me tell you, there's very few places where I don't have an agenda.](https://sms4smile.com/quotes/lloyd-blankfein/let-me-tell-you-there-s-very-few-places-where-i-don-t-have-an-agenda/) [Lloyd Blankfein](https://sms4smile.com/quotes/author/lloyd-blankfein/) [Explore all 56 Lloyd Blankfein quotes ](https://sms4smile.com/quotes/author/lloyd-blankfein/) ## 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": "Maybe bitcoin is a kind of a bubble. I don't like it. I'm not comfortable with it. 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