Crypto Quotes

“The decentralized nature of cryptocurrencies means they are often not subject to the same regulatory oversight as traditional financial systems. This can lead to fraud, scams, and market manipulation.”
― Hendrith Vanlon Smith Jr.

“There is a constant interaction and overlap between the physical, virtual, augmented, and mixed worlds.”
― Simone Puorto

“The metaverse is not something to believe in. It’s not a religion; it’s simply a tool. I don’t “believe” in my refrigerator. I use it when I want a cold soda.”
― Simone Puorto

“What Zuckerberg has in mind for Horizon is a dystopian advertising nightmare.”
― Simone Puorto

“I miss the days when forensic accountancy and security engineering were distinct fields.”
― Cory Doctorow, Red Team Blues

“Cryptocurrencies are vulnerable to hacking and theft. When you have fiat money in a government regulated bank account, you have some authority to help you solve a problem like that. With crypto, you're all alone and out of luck.”
― Hendrith Vanlon Smith Jr.

“Cryptocurrency transactions are typically irreversible. If you make a mistake or fall victim to fraud, it may be challenging or impossible to recover your funds. This kind of risk is not worth the supposed benefits of crypto.”
― Hendrith Vanlon Smith Jr.

“Some cryptocurrencies, like Bitcoin, require significant energy consumption for mining and transactions, which has raised environmental concerns. It's unsustainable. The costs of crypto outweigh the benefits – at least aside from small niche use cases.”
― Hendrith Vanlon Smith Jr.

“Government fiat currency is far superior to cryptocurrency.”
― Hendrith Vanlon Smith Jr.

“Cryptocurrencies lack the level of accountability that needed to conduct exchange at scale.”
― Hendrith Vanlon Smith Jr.

“Ali and his cousin Ahmad were seeking jobs abroad to enable them to escape the economic hardship in Pakistan that had been caused by massive flooding. Ali borrowed $4,000 from family and friends to pay an agent for a tourist visa that would enable him to reach Cambodia, where he and Ahmad were met by a broker. They paid the broker a further $1,475 each for a work visa processing fee, before being taken to a large compound in Cambodia's capital, Phnom Penh.
After their passports were taken and they were warned not to try to leave, they were forced to work alongside approximately 1,000 other people, each forced to scam five people daily with cryptocurrency investment schemes. They were watched over, fined and beaten if they failed to comply:”
― Jessica Barker, Hacked: The Secrets Behind Cyber Attacks

“Metaverse” is just an umbrella term for technologies that have been around for a long time.”
― Simone Puorto

“The term «metaverse» is just a new, cooler name for what we know as «the Internet.»”
― Simone Puorto

“Yesterday we used to book on paper catalogs. Today we do it on Booking.com, and tomorrow we’ll use Decentraland.

The Metaverse is not changing how we book or experience hotels and travel; it is simply changing the medium through which we do it.

It is like saying that since we switched from booking from telephone to email, we have dematerialized travel. It’s pure nonsense.”
― Simone Puorto

“Any bad news for Zuckerberg’s Metaverse is pretty good news for the Metaverse.”
― Simone Puorto

“Once you get kicked out from a centralized metaverse, it’s all gone. That would just be Web2 on steroids.”
― Simone Puorto

“It is unlikely that there will be only one Metaverse, and it is more probable that there will be several specialized one, such as one for work, one for socializing with friends, one for dating, and more. As long as interoperability is guaranteed, I am pretty ok with that.”
― Simone Puorto

“DAOs can be the perfect solution to some of the pressing destination management problems we have today – for example, using NFTs to let different hospitality stakeholders decide how to run a populous tourism destination like Venice or Amsterdam more efficiently. You’re replacing the need for trust with cryptographic truth. It’s e-Democracy.”
― Simone Puorto

“Roblox has 50 million daily users, including many young people who may not be able to book a hotel room themselves (yet) but who can influence their parents’ travel decisions.”
― Simone Puorto

“At least for now, we should see the metaverse as a means rather than an end: To paraphrase Milton: "Better to advertise in Hell than to build in Heaven.”
― Simone Puorto

“Raising funds is just the beginning for startups in the crypto industry; the real struggle lies in navigating a volatile market and rapidly evolving regulatory landscape.”
― Abhysheq Shukla

“While capital infusion provides a crucial lifeline, startups in the crypto industry must adapt swiftly, innovate constantly, and establish solid partnerships to overcome the challenges that arise after fundraising.”
― Abhysheq Shukla

“The crypto industry's fast pace and intense competition demand that startups not only secure funding but also develop resilient business models, build trust with investors, and execute strategic plans meticulously to survive and thrive in this complex ecosystem.”
― Abhysheq Shukla

“It’s possible you may look back in the future and say I bought Bitcoin, I thank myself I did”
― BBCD Satoshi, Buy Bitcoin, You'll Thank Yourself In The Future: A book about Bitcoin by BBCD Satoshi

“According to technologist David Rosenthal, speculation on cryptocurrencies is the engine that drives Web3—that it can’t work without it. “[A] permissionless blockchain requires a cryptocurrency to function, and this cryptocurrency requires speculation to function,” he said in a talk at Stanford in early 2022.4 Basically, he’s describing a pyramid scheme: Blockchains need to give people something in exchange for volunteering computing power, and cryptocurrencies fill that role—but the system works only if other people are willing to buy them believing that they’ll be worth more in the future. Stephen Diehl, a technologist and vocal critic of Web3, floridly dismissed blockchain as “a one-trick pony whose only application is creating censorship-resistant crypto investment schemes, an invention whose negative externalities and capacity for harm vastly outweigh any possible uses.”
― Harvard Business Review, Web3: The Insights You Need from Harvard Business Review

“When it is Bitcoin; bad or good news doesn't matter too much. Be the long-term HODLER. That is all that really matters in this game of risk and reward.”
― Olawale Daniel

“I will never be afraid to raise my voice for honesty and truth and compassion against injustice and lies and greed. If people all over the world would stand up and do this, it would force change in our NUMEROUS corrupt systems.”
― Najah Roberts

“I will never be afraid to raise my voice and suggest Bitcoin. It brings honesty, truth, and compassion to combat injustices, lies, and greed. If people all over the world would stack Satoshis, it would force change in our NUMEROUS corrupt financial systems.”
― Najah Roberts

“Jumping from Opportunity to Opportunity is going to be a wild ride - There is nothing as volatile as the Crypto market. As a new investor, you need strategies NOT get-rich-quick schemes. Aside from watching out for RUG PULLS, you should Dollar Cost Average and buy Bitcoin — this means resisting any temptation to get into short-term hype and lose your hard earned money. In Bitcoin, a passive long play investment has a better chance of succeeding than an active trading company.”
― Najah Roberts

“Bitcoin is international waters.”
― Mohith Agadi