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---
# This file is licensed under the MIT License (MIT) available on
# http://opensource.org/licenses/MIT.
layout: sidebar
id: press
dialogs:
materialvideo: "Videos"
materialvideoformat: "More formats and languages"
materialvideoyoutube: "Video on Youtube"
materialvideomore: "More videos"
materialquote: "Quotes"
materialquotemore: "Show more quotes..."
material_even_more_quotes: "For even more quotes about Bitcoin, please see <a href=\"https://en.wikiquote.org/wiki/Bitcoin\">WikiQuote.</a>"
material_source: "source"
quotesatoshi: "With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
quotedankaminsky: "Entire classes of bugs are missing."
quotechrisdixon: "There are 3 eras of currency: Commodity based, politically based, and now, math based."
quotejeremyliew: "The potential for disruption is enormous."
quotewencescasares: "Right now Bitcoin feels like the Internet before the browser."
quotetylerwinklevoss: "We have elected to put our money and faith in a mathematical framework that is free of politics and human error."
quotegavinandresen: "You can basically put a bank in your pocket... That's pretty amazing."
quotenavalravikant: "All the things that gold does, Bitcoin kind of does better."
quotebrianforde: >
Digital currencies have immense potential to improve human welfare
by strengthening the capacity of governments to deliver more
responsive services and secure the rights of their citizens to
property, identity and increased financial inclusion.
quoteandyskelton: "PayPal alone blocks access from over 60 countries ... Whatever the reason, we don’t think an individual blogger from Haiti, Ethiopia, or Kenya should have diminished access to the blogosphere because of payment issues they can’t control."
quotetuurdemeester: "The Babyboomers gave us the personal computer, Generation X gave us the Internet, and now Generation Y is building a new financial paradigm."
quoterichardbrown: "Had you asked me five years ago, I would just say it was impossible. Bitcoin and cryptocurrencies solved this problem of coming to a consensus globally where you don't trust anybody else."
quotefredwilson: "We believe that Bitcoin represents something fundamental and powerful ... It reminds us of SMTP, HTTP, RSS, and BitTorrent in its architecture and openness."
quotejohndonohoe: "[Digital currency is going to be] a very powerful thing."
quotefrancoisrvelde: "It represents a remarkable conceptual and technical achievement, which may well be used by existing financial institutions (which could issue their own bitcoins) or even by governments themselves."
---
<div class="toccontent-intro">
<h2 id="volunteer">{% translate volunteer %}</h2>
<p>{% translate volunteernonprofit %}</p>
</div>
<div class="toccontent-block boxexpand expanded">
<h2 id="layout">{% translate menu-faq layout %}</h2>
<div class="press-faq">
<div>
<h3 id="whatisbitcoin" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate whatisbitcoin faq %}</h3>
<div>
<p>{% translate whatisbitcointxt1 faq %}</p>
</div>
</div>
<div>
<h3 id="howitworks" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate howitworks faq %}</h3>
<div>
<p>{% translate howitworkstxt1 faq %}</p>
<p>{% translate howitworkstxt2 faq %}</p>
</div>
</div>
<div>
<h3 id="whatismining" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate whatismining faq %}</h3>
<div>
<p>{% translate whatisminingtxt1 faq %}</p>
</div>
</div>
<div>
<h3 id="acquire" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate acquire faq %}</h3>
<div>
<ul>
<li>{% translate acquireli1 faq %}</li>
<li>{% translate acquireli2 faq %}</li>
<li>{% translate acquireli3 faq %}</li>
<li>{% translate acquireli4 faq %}</li>
</ul>
<p>{% translate acquiretxt1 faq %}</p>
</div>
</div>
<div>
<h3 id="used" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate used faq %}</h3>
<div>
<p>{% translate usedtxt1 faq %}</p>
<p>
<img style="height:165px;width:380px;" src="/img/faq/merchants_map.png?{{site.time | date: '%s'}}" alt="Screenshot">
</p>
</div>
</div>
<div>
<h3 id="makepayment" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate makepayment faq %}</h3>
<div>
<p>{% translate makepaymenttxt1 faq %}</p>
<p>
<img src="/img/faq/mobile_send.png?{{site.time | date: '%s'}}" style="height:325px;width:190px;" alt="Screenshot">
<img src="/img/faq/mobile_receive.png?{{site.time | date: '%s'}}" style="height:325px;width:190px;" alt="Screenshot">
</p>
</div>
</div>
<div>
<h3 id="advantages" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate advantages faq %}</h3>
<div>
<ul>
<li>{% translate advantagesli1 faq %}</li>
<li>{% translate advantagesli2 faq %}</li>
<li>{% translate advantagesli3 faq %}</li>
<li>{% translate advantagesli4 faq %}</li>
<li>{% translate advantagesli5 faq %}</li>
</ul>
</div>
</div>
<div>
<h3 id="disadvantages" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate disadvantages faq %}</h3>
<div>
<ul>
<li>{% translate disadvantagesli1 faq %}</li>
<li>{% translate disadvantagesli2 faq %}</li>
<li>{% translate disadvantagesli3 faq %}</li>
</ul>
</div>
</div>
<div>
<h3 id="secure" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate secure faq %}</h3>
<div>
<p>{% translate securetxt1 faq %}</p>
</div>
</div>
<div>
<h3 id="islegal" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate islegal faq %}</h3>
<div>
<p>{% translate islegaltxt1 faq %}</p>
<p>{% translate islegaltxt2 faq %}</p>
<ul>
<li>
<a href="https://www.ecb.europa.eu/pub/pdf/other/virtualcurrencyschemes201210en.pdf">Virtual Currency Schemes - European Central Bank</a>
</li>
<li>
<a href="https://www.fincen.gov/statutes_regs/guidance/pdf/FIN-2013-G001.pdf">Application of FinCEN’s Regulations to Persons Administering, Exchanging, or Using Virtual Currencies</a>
</li>
</ul>
</div>
</div>
<div>
<h3 id="taxes" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate taxes faq %}</h3>
<div>
<p>{% translate taxestxt1 faq %}</p>
</div>
</div>
<div>
<h3 id="illegalactivities" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate illegalactivities faq %}</h3>
<div>
<p>{% translate illegalactivitiestxt1 faq %}</p>
<p>{% translate illegalactivitiestxt2 faq %}</p>
<p>{% translate illegalactivitiestxt3 faq %}</p>
</div>
</div>
<div>
<h3 id="bubble" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate bubble faq %}</h3>
<div>
<p>{% translate bubbletxt1 faq %}</p>
</div>
</div>
<div>
<h3 id="whyvalue" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate whyvalue faq %}</h3>
<div>
<p>{% translate whyvaluetxt1 faq %}</p>
</div>
</div>
<div>
<h3 id="ponzi" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate ponzi faq %}</h3>
<div>
<p>{% translate ponzitxt1 faq %}</p>
<p>{% translate ponzitxt2 faq %}</p>
</div>
</div>
<div>
<h3 id="creator" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate creator faq %}</h3>
<div>
<p>{% translate creatortxt1 faq %}</p>
<p>{% translate creatortxt2 faq %}</p>
</div>
</div>
<div>
<h3 id="worthless" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate worthless faq %}</h3>
<div>
<p>{% translate worthlesstxt1 faq %}</p>
</div>
</div>
<div>
<h3 id="virtual" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate virtual faq %}</h3>
<div>
<p>{% translate virtualtxt1 faq %}</p>
</div>
</div>
<div>
<h3 id="trust" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate trust faq %}</h3>
<div>
<p>{% translate trusttxt1 faq %}</p>
</div>
</div>
<div>
<h3 id="anonymous" onclick="faqShow(event);" ontouchstart="faqShow(event);" class="link-js">{% translate anonymous faq %}</h3>
<div>
<p>{% translate anonymoustxt1 faq %}</p>
<p>{% translate anonymoustxt2 faq %}</p>
</div>
</div>
<p>{% translate faqmore %}</p>
</div>
</div>
{% if page.lang == 'en' %}
<div class="toccontent-block boxexpand expanded">
<h2 id="videos">{{ page.dialogs.materialvideo }}</h2>
<div class="press-videos">
<div>
<a href="https://www.youtube.com/watch?v=LP4GSvQUtBw&feature=player_embedded" target="_blank">
<img src="/img/press/video/funke.jpg" alt="what is Bitcoin">
</a>
<br> What is Bitcoin - Funke
<br>
<a class="press-videos-link" href="https://www.youtube.com/watch?v=LP4GSvQUtBw&feature=player_embedded" target="_blank">{{ page.dialogs.materialvideoyoutube }}</a>
<br>
<a class="press-videos-more" href="https://drive.google.com/folderview?id=0Bw3qRtSO3Wwtb3dYLVNDTmNxSTQ&usp=sharing" target="_blank">{{ page.dialogs.materialvideoformat }}</a>
</div>
<div>
<a href="https://www.youtube.com/watch?v=Um63OQz3bjo&feature=player_embedded" target="_blank">
<img src="/img/press/video/whatisbitcoin.jpg" alt="what is Bitcoin">
</a>
<br> What is Bitcoin - Weusecoins
<br>
<a class="press-videos-link" href="https://www.youtube.com/watch?v=Um63OQz3bjo&feature=player_embedded" target="_blank">{{ page.dialogs.materialvideoyoutube }}</a>
<br>
</div>
</div>
</div>
<div class="toccontent-block boxexpand expanded">
<h2 id="quotes">{{ page.dialogs.materialquote }}</h2>
<div class="press-quotes">
<div class="quote">
<span class="quote-text">{{ page.dialogs.quotechrisdixon }}</span>
<a class="quote-author" href="https://en.wikipedia.org/wiki/Chris_Dixon">Chris Dixon</a>
<span class="quote-author-position">Technology Investor</span>
</div>
<div class="quote">
<span class="quote-text">{{ page.dialogs.quotewencescasares }}</span>
<a class="quote-author" href="https://en.wikipedia.org/wiki/Wences_Casares">Wences Casares</a>
<span class="quote-author-position">Technology Entrepreneur (<a href="https://techcrunch.com/2013/04/11/bitcoin/">{{page.dialogs.material_source}}</a>)</span>
</div>
<div class="quote">
<span class="quote-text">{{ page.dialogs.quotedankaminsky }}</span>
<a class="quote-author" href="https://en.wikipedia.org/wiki/Dan_Kaminsky">Dan Kaminsky</a>
<span class="quote-author-position">Security Researcher (<a href="https://bitcointalk.org/index.php?topic=34458.0">{{page.dialogs.material_source}}</a>)</span>
</div>
<div class="quote">
<span class="quote-text">{{ page.dialogs.quotejeremyliew }}</span>
<a class="quote-author" href="https://en.wikipedia.org/wiki/Lightspeed_Ventures">Jeremy Liew</a>
<span class="quote-author-position">Lightspeed Venture Partners (<a href="https://techcrunch.com/2013/04/11/bitcoin/">{{page.dialogs.material_source}}</a>)</span>
</div>
<div class="quote">
<span class="quote-text">{{ page.dialogs.quotejohndonohoe }}</span>
<a class="quote-author" href="https://en.wikipedia.org/wiki/John_Donahoe">John Donohoe</a>
<span class="quote-author-position">Former Ebay CEO (<a href="https://techcrunch.com/2013/11/03/ebay-ceo-john-donahoe-is-bullish-on-digital-currency-and-hes-keeping-tabs-on-bitcoin/">{{page.dialogs.material_source}}</a>)</span>
</div>
<div class="quote">
<span class="quote-text">{{ page.dialogs.quotetylerwinklevoss }}</span>
<a class="quote-author" href="https://en.wikipedia.org/wiki/Tyler_Winklevoss">Tyler Winklevoss</a>
<span class="quote-author-position">Entrepreneur (<a href="http://dealbook.nytimes.com/2013/04/11/as-big-investors-emerge-bitcoin-gets-ready-for-its-close-up/">{{page.dialogs.material_source}}</a>)</span>
</div>
<div class="quote">
<span class="quote-text">{{ page.dialogs.quotesatoshi }}</span>
<a class="quote-author" href="https://en.wikipedia.org/wiki/Satoshi_Nakamoto">Satoshi Nakamoto</a>
<span class="quote-author-position">Bitcoin Developer (<a href="http://p2pfoundation.ning.com/forum/topics/bitcoin-open-{{page.dialogs.material_source}}">{{page.dialogs.material_source}}</a>)</span>
</div>
<div class="quote">
<span class="quote-text">{{ page.dialogs.quotegavinandresen }}</span>
<a class="quote-author" href="https://en.wikipedia.org/wiki/Gavin_Andresen">Gavin Andresen</a>
<span class="quote-author-position">Chief Scientist, The Bitcoin Foundation (<a href="https://www.youtube.com/watch?v=0S4dSXTnfms">{{page.dialogs.material_source}}</a>)</span>
</div>
<div class="quote">
<span class="quote-text">{{ page.dialogs.quoteandyskelton }}</span>
<span class="quote-author">Andy Skelton</span>
<span class="quote-author-position">Developer, WordPress (<a href="https://en.blog.wordpress.com/2012/11/15/pay-another-way-bitcoin/">{{page.dialogs.material_source}}</a>)</span>
</div>
<div class="quote">
<span class="quote-text">{{ page.dialogs.quotetuurdemeester }}</span>
<span class="quote-author">Tuur Demeester</span>
<span class="quote-author-position">Author, MacroTrends</span>
</div>
<div class="quote">
<span class="quote-text">{{ page.dialogs.quoterichardbrown }}</span>
<span class="quote-author">Richard Brown</span>
<span class="quote-author-position">Executive architect, IBM</span>
</div>
<div class="quote">
<span class="quote-text">{{ page.dialogs.quotefredwilson }}</span>
<a class="quote-author" href="https://en.wikipedia.org/wiki/Fred_Wilson_%28financier%29">Fred Wilson</a>
<span class="quote-author-position">Co-Founder of Union Square Ventures (<a href="http://www.businessinsider.com/fred-wilson-heres-why-im-investing-in-bitcoin-2013-5">{{page.dialogs.material_source}}</a>)</span>
</div>
<div class="quote">
<span class="quote-text">{{ page.dialogs.quotefrancoisrvelde }}</span>
<span class="quote-author">François R. Velde</span>
<span class="quote-author-position">Economist, Federal Reserve (<a href="http://www.nytimes.com/2013/11/24/your-money/a-bitcoin-puzzle-heads-its-excitement-tails-its-anxiety.html">{{page.dialogs.material_source}}</a>)</span>
</div>
<div class="quote">
<span class="quote-text">{{ page.dialogs.quotenavalravikant }}</span>
<a class="quote-author" href="https://en.wikipedia.org/wiki/AngelList">Naval Ravikant</a>
<span class="quote-author-position">Founder of Angellist (<a href="https://gigaom.com/2013/09/10/as-bitcoin-hype-settles-down-real-possibilities-start-to-emerge/">{{page.dialogs.material_source}}</a>)</span>
</div>
<div class="quote">
<span class="quote-text">{{ page.dialogs.quotebrianforde }}</span>
<span class="quote-author">Brian Forde</span>
<span class="quote-author-position">Director of Digital Currency, MIT Media Lab (<a href="https://www.forbes.com/sites/gregoryferenstein/2015/07/29/former-obama-tech-advisor-explains-how-bitcoin-could-transform-government-in-5-quotes/">{{page.dialogs.material_source}}</a>)</span>
</div>
<p class="final">
<i>{{page.dialogs.material_even_more_quotes}}</i>
</p>
<a class="show-more-link" href="#" onclick="materialShow(event);" ontouchstart="materialShow(event);">{{ page.dialogs.materialquotemore }}</a>
</div>
</div>
{% endif %}