“The December success of Bitcoin was primarily a psychological success, people as if they were not poisoned by the lies of the lack of alternatives to the dollar, the euro, they still understand at heart that any currency is paper. The success of Bitcoin was in this regard the first international rally against the global banking system. But, this could not last long for obvious reasons ... But, there are pluses, now every second Internet user knows about bitcoin, during the next cryptocurrency boom, these people join the movement.”

— Maxim Mernes

About libertarianism and blockchain <br class="br">Source: Максим Мернес: "Нужно покупать ликвидную криптовалюту", Maxim Mernes, 2019T08:56, @Максим Мернес, ru, 2019-11-21 https://argumenti.ru/society/2018/12/595045,

Adopted from Wikiquote. Last update Oct. 26, 2024. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The December success of Bitcoin was primarily a psychological success, people as if they were not poisoned by the lies …" by Maxim Mernes?

Maxim Mernes5

Russian businessman, investor, blogger 1996

Related quotes

“Bitcoin did have great potential, but it is damaged beyond repair. … Bitcoin was born with serious flaws. … it has been compared to a Ponzi scheme. … It's time to admit that the current Bitcoin needs to be scrapped … bear in mind what it is that makes some venture capitalists Bitcoin zealots: pure greed. That is the reason clearest to me for Bitcoin's failure.”

Vivek Wadhwa American academic

R.I.P., Bitcoin. It's time to move on. http://washingtonpost.com/news/innovations/wp/2016/01/19/r-i-p-bitcoin-its-time-to-move-on in The Washington Post (19 January 2016)

“Many people look at bitcoin as a means of enrichment, but for me it was not just an instrument of prosperity - it was the idea of absolute freedom. I believed in this idea even when it was not relevant at all and Bitcoin did not become ten times more valuable in a year, simply because it corresponded to my ideal ideas about money. This event did not affect my mood, it was rather the opposite, the motivation to continue the path. But still, once again writing on the Internet that you have bitcoins is not worth it.”

Maxim Mernes (1996) Russian businessman, investor, blogger

“Having alternative currencies is great, right, because, historically, government's had a monopoly on currency. … At the end of the day, why should only politicians—either directly or indirectly—control the currency? We can reduce transaction cost, provide an alternative, and—look, I don't know whether it'll be Bitcoin or not—but I think the concept of digital currencies is here to stay, and the fact that a politician would write to try to ban them in their infancy is just the wrong way to go about it. Let the market determine whether there's any value there or not. … If people are saying, "Look, we gotta ban Bitcoin because it's somewhat anonymous and anonymous transactions can occur," or "because it's possible for criminals to use it," all of those arguments can be used to say, "Just ban dollars."”

Jared Polis (1975) American entrepreneur, philanthropist, and US Representative

… The government doesn't need to "treat" it [Bitcoin] at all. … The government policy should be completely agnostic about what unit of exchange is used.
Jared Polis, interviewed by Kennedy, Matt Welch, and Kmele Foster on The Independents, Fox Business (10 March 2014).

“First, there is no single sustainable model for national success. Second, the American model, which has indeed been successful, is not available to others, because our success depends greatly on our dominant position at the center of the global capitalist system, and we are not willing to yield it.”

George Soros (1930) Hungarian-American business magnate, investor, and philanthropist

"The Bubble of American Supremacy" in The Atlantic Monthly (December 2003), p. 63 - 66 http://www.globalpolicy.org/empire/analysis/2003/12supremacy.htm <br class="br">Context: The supremacist ideology of the Bush Administration stands in opposition to the principles of an open society, which recognize that people have different views and that nobody is in possession of the ultimate truth. The supremacist ideology postulates that just because we are stronger than others, we know better and have right on our side. The very first sentence of the September 2002 National Security Strategy (the President's annual laying out to Congress of the country's security objectives) reads, "The great struggles of the twentieth century between liberty and totalitarianism ended with a decisive victory for the forces of freedom and a single sustainable model for national success: freedom, democracy, and free enterprise."<br>The assumptions behind this statement are false on two counts. First, there is no single sustainable model for national success. Second, the American model, which has indeed been successful, is not available to others, because our success depends greatly on our dominant position at the center of the global capitalist system, and we are not willing to yield it.

“A lack of clarity could put the brakes on any journey to success.”

Steve Maraboli (1975)

Source: Life, the Truth, and Being Free (2010), p. 38

“Success in any field, but especially in business is about working with people, not against them.”

Keith Ferrazzi (1966) American businessman and writer

Source: Never Eat Alone: And Other Secrets to Success, One Relationship at a Time

“Also, people seek targets for whatever hurts them, especially their own lack of success. Personally, I regard every knock as a boost.”

Cary Grant (1904–1986) British-American film and stage actor

Love – That’s All Cary Grant Ever Thinks About (1964)
Context: It always amazes me that those who fight for the luxuries of life, are the first to resent those who have them. Also, people seek targets for whatever hurts them, especially their own lack of success. Personally, I regard every knock as a boost.

“[I]t's very important to understand that this is the dictators always operate short-term, and democracies must operate long-term because it’s not about one individual who’s currently running the country, whether it’s president or prime minister. It’s about the success of the country. It’s about the success of the system. It’s about pressing, you know, all advantages and their strategic, lasting institutions that could make the difference even when the president or prime minister is no longer in the office.”

Garry Kasparov (1963) former chess world champion

2010s, Interview with Bill Kristol (2016)

“I see [Bitcoin as] an artificial speculative medium that people are buying just because they think they can sell it to somebody else at a higher price, even though it inherently has no intrinsic value. So, I regard the whole business as anti-social, stupid, immoral. [...] I regard the thing as a combination of dementia and immorality, and I think the people that are pushing it are a disgrace.”

Charlie Munger (1924) American business magnate, lawyer, investor, and philanthropist

Yahoo Finance interview with Andrew Serwer https://www.youtube.com/watch?v=AIYPu4MFLl4, May 7, 2018 (at 17:00)

“Kuhn's theory suffers from a fatal flaw. It explains the succession from one paradigm to another in sociological or psychological terms, rather than as having primarily to do with the objective merit of the rival explanations. Yet unless one understands science as a quest for explanations, the fact that it does find successive explanations, each objectively better than the last, is inexplicable.”

David Deutsch book The Fabric of Reality

Source: The Fabric of Reality (1997), Ch. 13; commentary on the ideas of Thomas Kuhn, as presented in the book The Structure of Scientific Revolutions

Help us to complete the source, original and additional information

Maxim Mernes5

Related quotes

Related topics