--- title: "Meaning & Key Takeaway of: There are dodgy characters in Bitcoin…" description: "\"There are dodgy characters in Bitcoin. But there are dodgy characters in cash, too.\" — Patrick M. Byrne" image: "https://sms4smile.com/quotes/i/d2f/patrick-m-byrne-21547_bitcoin_there-are-dodgy-characters-in-bitcoin-bu_233456.jpg" --- # There are dodgy characters in Bitcoin. But there are dodgy… ![“There are dodgy characters in Bitcoin. But there are dodgy characters in cash, too.” quote by Patrick M. Byrne](https://sms4smile.com/quotes/i/d2f/patrick-m-byrne-21547_bitcoin_there-are-dodgy-characters-in-bitcoin-bu_233456.jpg) [Download](https://sms4smile.com/quotes/i/d2f/patrick-m-byrne-21547_bitcoin_there-are-dodgy-characters-in-bitcoin-bu_233456.jpg) [Open image](https://sms4smile.com/quotes/i/d2f/patrick-m-byrne-21547_bitcoin_there-are-dodgy-characters-in-bitcoin-bu_233456.jpg) > “There are dodgy characters in Bitcoin. But there are dodgy characters in cash, too.” [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Both Bitcoin and cash attract dishonest people, showing that fraud is a human problem, not a technology one. **In simple terms:** Fraud exists in all money systems. Key Takeaway Guard against bad actors, not just tech. Themes trust risk finance Mood cautious critical Type advisory analytical When to use this quote - investing - daily transactions - regulation - due diligence Key Concepts human behavior systemic fraud Questions to Reflect On - How do you verify integrity in digital vs. physical money? - What safeguards can reduce fraud? A Different Perspective Technology alone cannot eliminate fraud. ★ ★ ★ ★ ★ No ratings yet [Bitcoin](https://sms4smile.com/quotes/about/bitcoin/) [Bitcoin Dodgy](https://sms4smile.com/quotes/about/bitcoin-dodgy-2357076/) [Cash](https://sms4smile.com/quotes/about/cash/) [Characters](https://sms4smile.com/quotes/about/characters/) [Characters Bitcoin](https://sms4smile.com/quotes/about/characters-bitcoin-2357077/) [Characters Cash](https://sms4smile.com/quotes/about/characters-cash-2357078/) [Currency](https://sms4smile.com/quotes/about/currency/) [Dodgy](https://sms4smile.com/quotes/about/dodgy-787271/) [Dodgy Characters](https://sms4smile.com/quotes/about/dodgy-characters-2357079/) [Too](https://sms4smile.com/quotes/about/too/) ## Related quotes > [My eyebrows are a mess. They're skinny; they're dodgy.](https://sms4smile.com/quotes/juliette-lewis/my-eyebrows-are-a-mess-they-re-skinny-they-re-dodgy/) [Juliette Lewis](https://sms4smile.com/quotes/author/juliette-lewis/) > [He..." Richard began. "The marquis. Well, you know, to be honest, he seems a little bit dodgy to me." Door stopped. The steps dead-ended…](https://sms4smile.com/quotes/neil-gaiman/he-richard-began-the-marquis-well-you-know-to-be-honest-he-seems-a/) [Neil Gaiman](https://sms4smile.com/quotes/author/neil-gaiman/) > [I like nice clothes, whether they're dodgy or not.](https://sms4smile.com/quotes/david-beckham/i-like-nice-clothes-whether-they-re-dodgy-or-not/) [David Beckham](https://sms4smile.com/quotes/author/david-beckham/) > [It's not nice going into the supermarket and the woman at the till is thinking: 'Dodgy keeper'.](https://sms4smile.com/quotes/david-james/it-s-not-nice-going-into-the-supermarket-and-the-woman-at-the-till-is/) [David James](https://sms4smile.com/quotes/author/david-james/) > [The late Runako Morton had some pretty dodgy clothes.](https://sms4smile.com/quotes/fidel-edwards/the-late-runako-morton-had-some-pretty-dodgy-clothes/) [Fidel Edwards](https://sms4smile.com/quotes/author/fidel-edwards/) > [“He drives a newish-looking silver van. Man in van = obviously dodgy.”](https://sms4smile.com/quotes/cat-clarke/he-drives-a-newish-looking-silver-van-man-in-van-obviously-dodgy/) [Cat Clarke](https://sms4smile.com/quotes/author/cat-clarke/) > [He's done more U-turns than a dodgy plumber.](https://sms4smile.com/quotes/iain-duncan-smith/he-s-done-more-u-turns-than-a-dodgy-plumber/) [Iain Duncan Smith](https://sms4smile.com/quotes/author/iain-duncan-smith/) > [Ah suppose man, ah'm too much ay a perfectionist, ken? It's likesay, if things go a bit dodgy, ah jist cannae be bothered, y'know.](https://sms4smile.com/quotes/irvine-welsh/ah-suppose-man-ah-m-too-much-ay-a-perfectionist-ken-it-s-likesay-if/) [Irvine Welsh](https://sms4smile.com/quotes/author/irvine-welsh/) > [The crossroads of science and politics is a dodgy place.](https://sms4smile.com/quotes/nancy-gibbs/the-crossroads-of-science-and-politics-is-a-dodgy-place/) [Nancy Gibbs](https://sms4smile.com/quotes/author/nancy-gibbs/) > [Jack wasn't my type at all. I thought he was too young and too posh, and I told him that. Plus, I couldn't deal…](https://sms4smile.com/quotes/michelle-gomez/jack-wasn-t-my-type-at-all-i-thought-he-was-too-young-and-too-posh/) [Michelle Gomez](https://sms4smile.com/quotes/author/michelle-gomez/) > [Shrouded by the 'dodgy dossier,' which warped opaque intelligence, none of the stated war aims in Iraq spoke to the British national interest. Illusory…](https://sms4smile.com/quotes/dominic-raab/shrouded-by-the-dodgy-dossier-which-warped-opaque-intelligence-none/) [Dominic Raab](https://sms4smile.com/quotes/author/dominic-raab/) > [“the dodgy deals that were emanating from Camp Joseph for good.”](https://sms4smile.com/quotes/rob-sinclair/the-dodgy-deals-that-were-emanating-from-camp-joseph-for-good/) [Rob Sinclair](https://sms4smile.com/quotes/author/rob-sinclair/) > [I make bad choices. I've got such dodgy tastes in men.](https://sms4smile.com/quotes/eleanor-mondale/i-make-bad-choices-i-ve-got-such-dodgy-tastes-in-men/) [Eleanor Mondale](https://sms4smile.com/quotes/author/eleanor-mondale/) > [Everyone's had a dodgy haircut at one point and think your life's over. Then there's always someone, whether it's a best friend or your…](https://sms4smile.com/quotes/sian-clifford/everyone-s-had-a-dodgy-haircut-at-one-point-and-think-your-life-s/) [Sian Clifford](https://sms4smile.com/quotes/author/sian-clifford/) > [We're not into all those dodgy journos who makes stories up.](https://sms4smile.com/quotes/nadine-coyle/we-re-not-into-all-those-dodgy-journos-who-makes-stories-up/) [Nadine Coyle](https://sms4smile.com/quotes/author/nadine-coyle/) ## More by Patrick M. Byrne > [I'm not in the business of bayoneting the wounded. I feel the blockchain revolution is kind of my victory. I don't care whether I…](https://sms4smile.com/quotes/patrick-m-byrne/i-m-not-in-the-business-of-bayoneting-the-wounded-i-feel-the/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [This is where the block chain is most useful and revolutionary: It helps us to overcome the problem of mutual trust in exchange, which…](https://sms4smile.com/quotes/patrick-m-byrne/this-is-where-the-block-chain-is-most-useful-and-revolutionary-it/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [People didn't know where they could trade. When everybody owes each other IOUs that can be in multiple places at once, that's how the…](https://sms4smile.com/quotes/patrick-m-byrne/people-didn-t-know-where-they-could-trade-when-everybody-owes-each/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [I've been all over meeting government ministers and such in Caribbean financial circles. There's a small blockchain movement in the Caribbean. They've been quite…](https://sms4smile.com/quotes/patrick-m-byrne/i-ve-been-all-over-meeting-government-ministers-and-such-in-caribbean/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [If we get to a world of digital securities, then there isn't a need for DTC and Cede & Co. anymore. It's a really…](https://sms4smile.com/quotes/patrick-m-byrne/if-we-get-to-a-world-of-digital-securities-then-there-isn-t-a-need/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [How high can bitcoin go? The real question is how low can the dollar go?](https://sms4smile.com/quotes/patrick-m-byrne/how-high-can-bitcoin-go-the-real-question-is-how-low-can-the-dollar-go/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [For the first time in 6,000 years of human history, we can have peer-to-peer exchange where trust is not a problem anymore. And it's…](https://sms4smile.com/quotes/patrick-m-byrne/for-the-first-time-in-6-000-years-of-human-history-we-can-have-peer/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [The main event isn't bitcoin. It's using the blockchain to disrupt other industries and Wall Street.](https://sms4smile.com/quotes/patrick-m-byrne/the-main-event-isn-t-bitcoin-it-s-using-the-blockchain-to-disrupt/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [The virtues of the blockchain is that it would be that it's peer-to-peer settlement - no centralized settlement, no manipulation... And most importantly, there's…](https://sms4smile.com/quotes/patrick-m-byrne/the-virtues-of-the-blockchain-is-that-it-would-be-that-it-s-peer-to/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [We want enough people adopting Bitcoin for a robust infrastructure. It's an act of patriotism. It gives the country a robust parallel system.](https://sms4smile.com/quotes/patrick-m-byrne/we-want-enough-people-adopting-bitcoin-for-a-robust-infrastructure-it/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [I've been in a room in Silicon Valley where on the wall they have 160 industries they think blockchain can disrupt. We picked six…](https://sms4smile.com/quotes/patrick-m-byrne/i-ve-been-in-a-room-in-silicon-valley-where-on-the-wall-they-have-160/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [You're going to start seeing open-source, self-executing contracts gradually improve over time. What the Internet did to publishing, blockchain will do to about 160…](https://sms4smile.com/quotes/patrick-m-byrne/you-re-going-to-start-seeing-open-source-self-executing-contracts/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [There are regulators at the SEC and elsewhere who are really excited about the potential of the blockchain. They understand you can build a…](https://sms4smile.com/quotes/patrick-m-byrne/there-are-regulators-at-the-sec-and-elsewhere-who-are-really-excited/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [There is an opportunity to recreate the financial world as we know it in the parallel universe that is the blockchain. We are writing…](https://sms4smile.com/quotes/patrick-m-byrne/there-is-an-opportunity-to-recreate-the-financial-world-as-we-know-it/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [Cryptocurrencies in general give us a stable medium through which we can communicate our information about values and prices in a way that no…](https://sms4smile.com/quotes/patrick-m-byrne/cryptocurrencies-in-general-give-us-a-stable-medium-through-which-we/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) [Explore all 29 Patrick M. Byrne quotes ](https://sms4smile.com/quotes/author/patrick-m-byrne/) ## 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": "There are dodgy characters in Bitcoin. But there are dodgy characters in cash, too.", "creator": { "@type": "Person", "name": "Patrick M. 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