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Gavin Andresen Quotes


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Quotes by Gavin Andresen

Showing 1-10 of 11 Quotes by Gavin Andresen

I think the best projects understand that they don't need to invent a new currency. They don't need to use the block chain as their long-term data storage solution. And they don't need to use the peer-to-peer network as their communication mechanism. They should use the block chain as the world's most secure distributed ledger.

~Gavin Andresen

Topics: Best Block Chain Communication Currency Data Distributed Invent Long-Term Mechanism Most Need Network New Projects Secure Should Solution Storage Think Understand Use World I Think

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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 the world where there are not functioning banking systems or payroll systems, where it could go mainstream first because you're not trying to replace the way people are already doing something.

~Gavin Andresen

Topics: Banking Because Bitcoin Could Doing First Go How Imagine Mainstream Paid Part Paycheck Payroll People Places Really Regularly Replace Something Sure Systems Trying Until Way Where World Would You Your I Can

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There's a lot of thought that bitcoin will be a huge threat to existing tax systems or existing ways governments have of controlling currency flows across their border. I personally think governments will do what governments have always done: they will adapt.

~Gavin Andresen

Topics: Across Adapt Always Bitcoin Border Controlling Currency Done Existing Flows Governments Huge Lot Personally Systems Tax Think Thought Threat Ways Will

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The regulation picture has gotten a lot clearer in the U.S. and most of Europe. And that's fantastic. I think that's why you're seeing companies like Microsoft and Dell accepting Bitcoins.

~Gavin Andresen

Topics: Accepting Clearer Companies Dell Europe Fantastic Gotten Like Lot Microsoft Most Picture Regulation Seeing Think Why You I Think

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I'm most excited about all of the non-currency uses of the block chain's ledger-ordering ability. I have no idea which ones will turn out to be successful, but I'm glad all of that experimenting is happening.

~Gavin Andresen

Topics: Ability About Block Chain Excited Experimenting Glad Happening Idea Most No Idea Out Successful Turn Uses Which Will

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My salary is converted to bitcoin, and taxes are taken out. You have to do all the tax computations in dollars because the IRS does not deal in bitcoins.

~Gavin Andresen

Topics: Because Bitcoin Computation Converted Deal Does Dollars Irs Out Salary Taken Tax Taxes You

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Just as it got easier to use email, it will be easier to use Bitcoin as people invest in it and become more familiar with it.

~Gavin Andresen

Topics: Become Bitcoin Easier Email Familiar Got Invest Just More People Use Will

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In the future, I expect to see bitcoin mining in places where electricity is free or cheap. You could put solar array in the Arizona desert attached to bitcoin miners, and instead of trying to ship that electricity all over world, you could ship Bitcoin all over the world.

~Gavin Andresen

Topics: Arizona Array Attached Bitcoin Cheap Could Desert Electricity Expect Free Future Instead Miners Mining Over Places Put See Ship Solar Trying Where World You

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I don't see myself as the king of Bitcoin. I don't want to be the king of Bitcoin.

~Gavin Andresen

Topics: Bitcoin King Myself See Want

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Bitcoin as a globally distributed public ledger - that's the thing I'm most excited about going forward. Thinking about how to use Bitcoin in new and innovative ways. In the meantime, we have the boring uses of Bitcoin that are in the process of going mainstream.

~Gavin Andresen

Topics: About Bitcoin Boring Distributed Excited Forward Globally Going How Innovative Mainstream Meantime Most New Process Public Thing Thinking Use Uses Ways

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Biography

Nationality: American

Type: Scientist

Born: Unknown

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