--- title: "Meaning & Key Takeaway of: With Bitcoin, no one has a monopoly of…" description: "\"With Bitcoin, no one has a monopoly of information.\" — Tyler Winklevoss" image: "https://sms4smile.com/quotes/i/683/tyler-winklevoss-13438_bitcoin_with-bitcoin-no-one-has-a-monopoly-of-in_2992994.jpg" --- # With Bitcoin, no one has a monopoly of information. ![“With Bitcoin, no one has a monopoly of information.” quote by Tyler Winklevoss](https://sms4smile.com/quotes/i/683/tyler-winklevoss-13438_bitcoin_with-bitcoin-no-one-has-a-monopoly-of-in_2992994.jpg) [Download](https://sms4smile.com/quotes/i/683/tyler-winklevoss-13438_bitcoin_with-bitcoin-no-one-has-a-monopoly-of-in_2992994.jpg) [Open image](https://sms4smile.com/quotes/i/683/tyler-winklevoss-13438_bitcoin_with-bitcoin-no-one-has-a-monopoly-of-in_2992994.jpg) > “With Bitcoin, no one has a monopoly of information.” [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Bitcoin decentralizes information, preventing any single entity from monopolizing data. **In simple terms:** Bitcoin stops information monopolies. Key Takeaway Support decentralized platforms. Themes decentralization information Bitcoin monopoly Mood optimistic analytical Type informational philosophical When to use this quote - finance - journalism - education - policy making Key Concepts economics technology Questions to Reflect On - How does decentralization affect your industry? - What risks accompany open information? A Different Perspective Regulation may still concentrate power. ★ ★ ★ ★ ★ No ratings yet [Bitcoin](https://sms4smile.com/quotes/about/bitcoin/) [Bitcoin Monopoly](https://sms4smile.com/quotes/about/bitcoin-monopoly-4713025/) [Currency](https://sms4smile.com/quotes/about/currency/) [Data](https://sms4smile.com/quotes/about/data/) [Information](https://sms4smile.com/quotes/about/information/) [Monopoly](https://sms4smile.com/quotes/about/monopoly/) [Monopoly Information](https://sms4smile.com/quotes/about/monopoly-information-3956665/) ## Related quotes > [“The Internet breaks a 500-year Latin American pattern of monopoly, monopoly of information, economics, social, religious power. It fundamentally gives power to the individual,…](https://sms4smile.com/quotes/gordon-g-chang/the-internet-breaks-a-500-year-latin-american-pattern-of-monopoly/) [Gordon G. Chang](https://sms4smile.com/quotes/author/gordon-g-chang/) > [If Bitcoin is a better gold or seen as a type of gold-like asset, then it could be in the trillions on a market…](https://sms4smile.com/quotes/tyler-winklevoss/if-bitcoin-is-a-better-gold-or-seen-as-a-type-of-gold-like-asset-then/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [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/) > [Bitcoin is absolutely the Wild West of finance, and thank goodness. It represents a whole legion of adventurers and entrepreneurs, of risk takers, inventors,…](https://sms4smile.com/quotes/erik-voorhees/bitcoin-is-absolutely-the-wild-west-of-finance-and-thank-goodness-it/) [Erik Voorhees](https://sms4smile.com/quotes/author/erik-voorhees/) > [If you are not an accredited investor, you only have one option: to buy and hold bitcoin on your own. The process of acquiring…](https://sms4smile.com/quotes/perianne-boring/if-you-are-not-an-accredited-investor-you-only-have-one-option-to-buy/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) > [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/) > [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/) > [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/) > [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/) > [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/) > [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 Tyler Winklevoss > [Everybody has a good idea, but nothing goes as planned.](https://sms4smile.com/quotes/tyler-winklevoss/everybody-has-a-good-idea-but-nothing-goes-as-planned/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [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/) > [There's a difference between being a fundamentalist and being al-Qaeda and being Muslim. It's absurd to think otherwise.](https://sms4smile.com/quotes/tyler-winklevoss/there-s-a-difference-between-being-a-fundamentalist-and-being-al/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [On one of our very first days when we tried rowing, our coach, James Mangan, showed us a video of the Boat Race. That…](https://sms4smile.com/quotes/tyler-winklevoss/on-one-of-our-very-first-days-when-we-tried-rowing-our-coach-james/) [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/) > [Judging a child taking his first steps for not being able to run a marathon is shortsighted.](https://sms4smile.com/quotes/tyler-winklevoss/judging-a-child-taking-his-first-steps-for-not-being-able-to-run-a/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [We were there at the beginning of the web 2.0.](https://sms4smile.com/quotes/tyler-winklevoss/we-were-there-at-the-beginning-of-the-web-2-0/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [We've weathered a few storms before, like when social networking was considered a fad. I think that we have a track record of being…](https://sms4smile.com/quotes/tyler-winklevoss/we-ve-weathered-a-few-storms-before-like-when-social-networking-was/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [Our business isn't to be famous: that's not what we do; that's not what we strive for.](https://sms4smile.com/quotes/tyler-winklevoss/our-business-isn-t-to-be-famous-that-s-not-what-we-do-that-s-not-what/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [The attraction to me was that Harvard was such a big community, with interesting things to do and interesting people, but you realise when…](https://sms4smile.com/quotes/tyler-winklevoss/the-attraction-to-me-was-that-harvard-was-such-a-big-community-with/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [We are pretty firm believers in the fact that you make your own fate, with or without the Facebook ordeal.](https://sms4smile.com/quotes/tyler-winklevoss/we-are-pretty-firm-believers-in-the-fact-that-you-make-your-own-fate/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [I think fiat currencies will become digital.](https://sms4smile.com/quotes/tyler-winklevoss/i-think-fiat-currencies-will-become-digital/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [I've been a huge fan of Mike Judge for a long time.](https://sms4smile.com/quotes/tyler-winklevoss/i-ve-been-a-huge-fan-of-mike-judge-for-a-long-time/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [If Bitcoin is a better gold or seen as a type of gold-like asset, then it could be in the trillions on a market…](https://sms4smile.com/quotes/tyler-winklevoss/if-bitcoin-is-a-better-gold-or-seen-as-a-type-of-gold-like-asset-then/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [For me, becoming the best you can be in something that you love, like rowing, is incredibly challenging, and what you learn about yourself,…](https://sms4smile.com/quotes/tyler-winklevoss/for-me-becoming-the-best-you-can-be-in-something-that-you-love-like/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) [Explore all 50 Tyler Winklevoss quotes ](https://sms4smile.com/quotes/author/tyler-winklevoss/) ## 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": "With Bitcoin, no one has a monopoly of information.", "creator": { "@type": "Person", "name": "Tyler Winklevoss" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/tyler-winklevoss/with-bitcoin-no-one-has-a-monopoly-of-information/", "about": { "@type": "Thing", "name": "Bitcoin" }, "@id": "https://sms4smile.com/quotes/tyler-winklevoss/with-bitcoin-no-one-has-a-monopoly-of-information/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/683/tyler-winklevoss-13438_bitcoin_with-bitcoin-no-one-has-a-monopoly-of-in_2992994.jpg", "contentUrl": "https://sms4smile.com/quotes/i/683/tyler-winklevoss-13438_bitcoin_with-bitcoin-no-one-has-a-monopoly-of-in_2992994.jpg", "url": "https://sms4smile.com/quotes/i/683/tyler-winklevoss-13438_bitcoin_with-bitcoin-no-one-has-a-monopoly-of-in_2992994.jpg", "width": 1080, "height": 1080, "caption": "“With Bitcoin, no one has a monopoly of information.” — Tyler Winklevoss", "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": "Tyler Winklevoss", "item": "https://sms4smile.com/quotes/author/tyler-winklevoss/" }, { "@type": "ListItem", "position": 4, "name": "With Bitcoin, no one has a...", "item": "https://sms4smile.com/quotes/tyler-winklevoss/with-bitcoin-no-one-has-a-monopoly-of-information/" } ], "@id": "https://sms4smile.com/quotes/tyler-winklevoss/with-bitcoin-no-one-has-a-monopoly-of-information/#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 } } ] } ```