Bitcoin is spreading all over the world, totally changing people’s lives and the whole industries. And although there are still some people who are skeptical about its potential, many of industry experts, CEOs, economists and investors are quite positive about the future of the blockchain technology.

The innovations that Blockchain brings will inevitably change much more in our lives. So what do some of the famous people think about this phenomenon? Let’s take a look.

#1. Bill Gates

Co-founder of Microsoft, investor and philanthropist

“Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.” [See: Bloomberg]

“Bitcoin is a technological tour de force.” [See: FoxBusiness]

#2. Eric Schmidt

Executive Chairman of Google

“[Bitcoin] is a remarkable cryptographic achievement… The ability to create something which is not duplicable in the digital world has enormous value…Lot’s of people will build businesses on top of that.” [See: Newsbtc.com]

#3. Peter Diamandis

Founder and chairman of the X Prize Foundation

“At its core, bitcoin is a smart currency, designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions… all good things.”

#4. Richard Branson

Founder of Virgin Galactic, and 400+ businesses

“Well, I think it is working. There may be other currencies like it that may be even better. But in the meantime, there’s a big industry around Bitcoin. — People have made fortunes off Bitcoin, some have lost money. It is volatile, but people make money off of volatility too.” [See: Bitcoin.com]

“Virgin Galactic is a bold entrepreneurial technology. It’s driving a revolution. And bitcoin is doing just the same when it comes to inventing a new currency.” [See: CNBC]

#5. Jeff Garzik

Co-Founder of Bloq Inc, a contributor to Bitcoin Core, Bitcoin developer

“When I first heard about Bitcoin, I thought it was impossible. How can you have a purely digital currency? Can’t I just copy your hard drive and have your bitcoins? I didn’t understand how that could be done, and then I looked into it and it was brilliant.”

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