Around the world Quote by Timothy C. Draper
“The bitcoin world is this new ecosystem where it doesn't cost that much to start a new bitcoin company, it doesn't cost much to start owning bitcoin either, and it is a much more efficient way of moving money around the world.”
About This Quote
Source Speech: Venture Capital Forum, 2018
Bitcoin lowers barriers to entry for both starting companies and owning the currency, making global money transfers more efficient.
In simple terms: Bitcoin makes starting businesses and owning money easier.
Explore low‑cost crypto opportunities.
Themes
Mood
Type
When to use this quote
- startup funding
- remittances
- cross‑border payments
Key Concepts
Questions to Reflect On
- What risks do you see in crypto adoption?
- How can regulation balance innovation?
Regulatory uncertainty can hinder adoption.