What there is no dispute about is whether or not China is a currency manipulator. They are a currency manipulator. They actively intervene every single day to keep the value of their currency less than it would be against the dollar than if it floated freely. We think. Even China barely disputes that.
Adam Davidson
If the American government can't stand behind the dollar, the world's benchmark currency, then the global financial system will very likely enter a new era in which there is much less trade and much less economic growth. It would be, by most accounts, the largest self-imposed financial disaster in history.
Bitcoin is here to stay. There would be a hacker uproar to anyone who attempted to take credit for the patent of cryptocurrency. And I wouldn't want to be on the receiving end of hacker fury.
Adam Draper
Bitcoin has so much potential, and that's why the believers are trying to facilitate its use as a currency, so people use to buy things and spread it around more.
The world is a global economy. I thought, 'It's a bummer we don't have a unifying currency.' Then I saw Bitcoin had already had a crash and had the resistance to recover. The community was strong enough to push it through again. That's really exciting.
I think that the future of currency is digital, and Bitcoin has a good shot at being the currency of the future.
What bitcoin does better than the current financial system is it's a better stored value globally. There are a lot of countries that really don't trust their banks or their currency, and bitcoin is an alternative.
Bitcoin is really a fascinating example of how human beings create value, and is not always rational... tt is not a rational currency in that case.
Alan Greenspan
I do not understand where the backing of Bitcoin is coming from. There is no fundamental issue of capabilities of repaying it in anything which is universally acceptable, which is either intrinsic value of the currency or the credit or trust of the individual who is issuing the money, whether it's a government or an individual.
The most important thing that most countries around the world believe in is letting the markets determine the currency.
Alan Mulally
Mr. Macri's government caused damage similar to what Argentina suffered in 2001: a debt default, no foreign-currency reserves, a steep devaluation and increased poverty.
Alberto Fernandez
When Turkey buys Iranian oil, we pay for it in Turkish lira... However, it is not possible for Iran to take that money as dollars into its own country due to international restrictions, the U.S.A.'s sanctions. Therefore, when Iran cannot take this money back as currency, they withdraw Turkish lira and buy gold from our market.
Ali Babacan
From the ages of 12 to 35 my body, not my mind, was my primary currency. My ideas, my humor, my curiosity - none of those were valued as much as my body, which preceded me into almost every room.
Amanda de Cadenet
A small foot in China, no different from a tiny waist in Victorian England, represented the height of female refinement. For families with marriageable daughters, foot size translated into its own form of currency and a means of achieving upward mobility. The most desirable bride possessed a three-inch foot, known as a 'golden lotus.'
Amanda Foreman
In New York, appearance is a form of currency or, at the very least, a calling card. One must look wealthy in order to be recognised as a person of worth.
I've been grinding a really long time, and I've been broke for a lot of years. I may not have looked like it because, if you're fly, you don't need a dollar - you just need charisma. But I was riding hope as currency for a very long time. I feel like now, more than ever, I'm in my purpose, and comedy is the foundation of that.
Amanda Seales
Europe unified its monetary policy through the euro before it unified politically, therefore sustaining member countries' abilities to pursue the kind of independent fiscal policies that can strain a joint currency.
Amity Shlaes
Eventually the dollar won't always rule. Eventually there will be a challenge to the United States and it will have to be like other countries that are a bit concerned about their currency, and then have to ratchet back in order to - right, in order to sustain. We just haven't reached that point yet.
My mother and I were part of a deal in the mid-'60s between Romania and Israel. Israel bought freedom for Romanian Jews for $2,000 a head. Ceausescu made a bundle in hard currency. He also 'sold' ethnic Germans to West Germany. Instead of going to Israel, my mother and I came to the United States.
Andrei Codrescu
Mischief springs from the power which the moneyed interest derives from a paper currency which they are able to control, from the multitude of corporations with exclusive privileges... which are employed altogether for their benefit.
Andrew Jackson
There's fresh fish, and then there's fresh fish. Samoa is ranked as one of the best places for game fishing in all the world, and runs thick in the waters off the island chain. In fact, it's used as an edible currency in local markets. The day I fished there, we caught loads of yellowfin.
Commonwealth is the only alternative for Puerto Rico. It is the only alternative that harmonizes the aspirations and goals of the modern world by protecting Puerto Rico's identity and simultaneously guaranteeing its relationship with the United States, complete with a common market, common citizenship, common defense, and common currency.
The blockchain concept was pioneered within the context of crypto-currency Bitcoin, but engineers have imagined many other ways for distributed ledger technology to streamline the world. Stock exchanges and big banks, for example, are looking at blockchain-type systems as trading settlement platforms.
At the time of the formation of the euro, I would say most American economists said that's not a good idea; that's not a currency area that makes sense. And the answer from Europe was, 'How is Missouri and Mississippi a currency area?' But the flaw in that was not recognizing the importance of mobility.
The People's Republic of China has not yet reached the military might of the Soviet Empire. It requires a little more time and a little more infusion of Western aid, loans, technology and the hard currency of our tourists.
Small change, small wonders - these are the currency of my endurance and ultimately of my life.
We are very excited about the use of blockchain, whether it's Bitcoin or not, but we are as enthusiastic as ever about Bitcoin as a global currency and, really more importantly, Bitcoin as a global financial rail.
You just can't bifurcate bitcoin currency from the technology. Bitcoin will always need a monetary base.
While I have never been more excited about SecondMarket, I have chosen to move on from day-to-day management of the private company/fund business so that I can focus 100% of my energy on our digital currency business.
As you know, in the latter part of 2008 and early 2009, the Federal Reserve took extraordinary steps to provide liquidity and support credit market functioning, including the establishment of a number of emergency lending facilities and the creation or extension of currency swap agreements with 14 central banks around the world.
If Australia finds it has a strong Australian dollar, and it has higher unemployment, then it would have to respond, and that would either be by increasing domestic demand or by weakening its own currency.
The amount of currency in circulation is not changing. The money supply is not changing in any significant way.
The Depression was an incredibly dramatic episode - an era of stock-market crashes, breadlines, bank runs and wild currency speculation, with the storm clouds of war gathering ominously in the background... For my money, few periods are so replete with human interest.
There never has been a time in our history when work was so abundant or when wages were as high, whether measured by the currency in which they are paid or by their power to supply the necessaries and comforts of life.
I was asked to do an ad campaign for a supermarket once. I was baffled. It's strange when you realise your popularity or reputation is a marketable commodity; it's a stock, a currency.
FDR, as best as I can tell, had no kind of involvement at all in our conversion to the paper currency.
This legislation confronts the human truth that the need for clean water knows no borders, and proper management and intervention can be a currency for peace and international cooperation.
Bitcoin is mostly about anonymous transactions, and I don't think over time that's a good way to go. I'm a huge believe in digital currency... but doing it on an anonymous basis I think that leads to some abuses, so I'm not involved in Bitcoin.
Favouring employment versus the financial markets is a decent policy; certainly not beneficial for the currency or the gilt market, but beneficial for the people.
Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out - even if a country can print its own currency and write its own cheques.
Every time I am tempted to buy some dopey thing, I hear my late father's voice: 'Do you really need that?' He was big on saving money and buying as much security as possible. He also encouraged charitable giving. So, I am responsible with currency.
Laughter is the only currency I've really ever known. Ever since I was a boy.
If the cryptocurrency market overall or a digital asset is solving a problem, it's going to drive some value.
I don't think central banks are going to give up fiat currency anytime in my lifetime.
It's important to understand how Coinbase thinks about regulation and compliance in the digital currency space. As an exchange, we view compliance as key to digital currency's success.
At Coinbase, our first priority is to ensure that we operate the most secure and compliant digital currency exchange in the world.
I do think some digital currency will end up being the reserve currency of the world. I see a path where that's going to happen.
We need to be held to a higher standard because digital currency is so new and interesting and powerful that it is attractive to a lot of people out there to try to steal it.
By lowering the barrier to create new digital currency applications, we'll see an explosion in the number of ideas tried. We'll invest in, partner with, or build a number of new applications in this space, including replacements for many of the services people use in finance 1.0.
My belief is that the vast majority of people using digital currency today are not seeking to evade taxes. They are simply investors seeking returns and people interested in a nascent new technology.
