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Erik Voorhees Quotes


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Quotes by Erik Voorhees

Showing 11-20 of 27 Quotes by Erik Voorhees

ShapeShift has no user accounts, signup, or registration process whatsoever. But it's faster and far more convenient than traditional exchanges.

~Erik Voorhees

Topics: Accounts Convenient Exchanges Far Faster More Process Shapeshift Than Traditional User Whatsoever

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Personally, I had over 550 BTC in Gox. I will never get any of that back.

~Erik Voorhees

Topics: Any Back Get Had Never Over Personally Will

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You cannot have an asset that goes up in price 1% every month or 1% every six months or every day without people starting to start thinking it'll do the same tomorrow, so that's why these bubbles form.

~Erik Voorhees

Topics: Asset Bubbles Cannot Day Every Every Day Form Goes Month Months People Price Same Six Start Starting Thinking Tomorrow Up Why Without You

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In the longterm for Bitcoin, Gox needed to go away.

~Erik Voorhees

Topics: Away Bitcoin Go Go Away Needed

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The Dwolla incident was to be expected. The government will go after sites that it thinks are supposed to register as money transmitters. Some Bitcoin companies will register as such, and some won't, but business will carry on regardless.

~Erik Voorhees

Topics: After Bitcoin Business Carry Companies Expected Go Government Incident Money Regardless Register Sites Some Supposed Thinks Will

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Digital currency is now a misnomer for Bitcoin. It can be used as currency, but it can be used for many things.

~Erik Voorhees

Topics: Bitcoin Currency Digital Many Now Things Used

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The big exchanges that hold customer deposits are a big target for hackers, and unfortunately, most bitcoin exchanges store user funds.

~Erik Voorhees

Topics: Big Bitcoin Customer Exchanges Funds Hackers Hold Most Store Target Unfortunately User

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Credits in your PayPal account are really just USD-backed - they are not a unique currency themselves. Other 'digital currencies,' such as Facebook Credits, can be created out of nothing and without limit, so they are not serious money.

~Erik Voorhees

Topics: Account Created Credits Currency Digital Facebook Just Limit Money Nothing Other Out Paypal Really Serious Themselves Unique Without Your

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Like the Internet, Bitcoin will change the way people interact and do business around the world.

~Erik Voorhees

Topics: Around Bitcoin Business Change Interact Internet Like People Way Will World

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I was very excited about a currency that was not controlled by a central government, that could be a free market currency. That was all the incentive I needed to dedicate my life to it.

~Erik Voorhees

Topics: About Central Controlled Could Currency Dedicate Excited Free Free Market Government Incentive Life Market My Life Needed Very

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Biography

Nationality: American

Type: Businessman

Born: Unknown

Links

Find Erik Voorhees on Amazon

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