Most people hoard their money - just keep it in the bank. Bitcoin will really take off when people start spending it, creating a velocity of money.

I trust bitcoin more than I trust my bank.

I describe Bitcoin as 'the Skype of money.'

For Bitcoin, if it becomes a thing, it will become an enormous thing. It will be world-changing. But if it's nothing, it's nothing. There is no in between.

What's really happening is that every bank in the country is experimenting with the blockchain and experimenting with bitcoin to figure out where the value is. For the first time ever, they're working hand in hand with startups. Banks are asking startups for help to build products.

In the future, when people look back at the early days of Bitcoin, they'll say, 'It was so obvious that the ability to move money anywhere, instantly, at near-zero cost would be a huge success.