FX.co ★ Rich and Famous People on Bitcoin

"Bitcoin is exciting because it shows how cheap it can be. I think it's a technical tour de force but that it is an area where governments are going to maintain a dominant role. 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", Bill Gates, the founder of Microsoft, says.

"Stay away from it, It is a mirage basically. At the same time, cryptocurrency is an effective and anonymous way of transmitting money. I hope Bitcoin becomes a better way to do it. But you can replicate it a bunch of different ways. The idea that Bitcoin has some huge intrinsic value is just a joke", Warren Buffett, CEO of Berkshire Hathaway, believes.

"Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value", Eric Schmidt, the Executive Chairman of Alphabet's board of directors, thinks.

"I do think Bitcoin is the first encrypted money that has the potential to do something like change the world", Peter Thiel, the co-founder of Paypal and investor in Bitcoin merchant processor Bitpay, claims.

"It is a huge deal, it's a huge, huge, huge deal. I own Bitcoin in my hedge fund, I own Bitcoin in my fund, I own Bitcoin in my private account",venture capitalist Chamath Palihapitiya reckons.

"There's a big industry around and many people have made fortune out of Bitcoin. If people have lots of bitcoin and they want to go to space, I much rather they spend that money on a spaceship", Richard Branson, the founder of Virgin Group, says.

"Virtual Currencies may hold long-term promise, particularly if the innovations promote a faster, more secure and more efficient payment system", Ben Bernanke, former chairman of the US Federal Reserve, considers.

"Bitcoin actually has the balance and incentives right, and that is why it is starting to take off",the founder of Wikileaks Julian Assange believes.