Adam Draper Quotes

Adam Draper is an American venture capitalist and the founder and Managing Director of Boost VC, a seed-stage accelerator and investment fund. Draper's focus is on supporting and investing in early-stage technology startups. His contributions to the startup ecosystem have made him a respected figure in the world of venture capital and entrepreneurship.

People wanted Bitcoin to live so much, they basically willed it back into existence. That showed me how passionate this community was about it.

I describe Bitcoin as 'the Skype of money.'

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.

I think that the future of currency is digital, and Bitcoin has a good shot at being the currency of the future.

Coinbase is 'the' brand in the Bitcoin space. Their founder Brian Armstrong was amongst the first good entrepreneurs to emerge in this space. While others championed ideological or underground/illicit interests, Brian saw an opportunity to change the world for the better and build a big business out of it.

A startup is literally just a series of unfortunate events where you failed, failed, failed, and failed until you succeed.

I think that governments are going to get disrupted by the blockchain. I think in the same way that the Internet forced everyone to evolve, the Blockchain is going to change the game again.

I saw Bitcoin as an actual market opportunity: as a trillion-dollar marketplace with long-term potential.

No one has ever raised capital because their pitch deck was pretty. A lot of people have raised capital because they were over-prepared, knew where their business was going, and were able to articulate that through a pitch alongside a pitch deck.

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.

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.

I find it difficult to turn down an entrepreneur who's both passionate and knowledgeable about their space.

I trust bitcoin more than I trust my bank.

Discovering the context

This quote suggests a higher level of trust in bitcoin, a decentralized digital currency, compared to traditional banking institutions. It indicates a belief in the reliability or security of cryptocurrency and a skepticism towards the trustworthiness or stability of banks. The quote implies a preference for alternative financial systems or a lack of confidence in traditional banking practices.

The next phase of the journey is to move from speculation to actual use cases - people getting into Bitcoin because they want to use it.

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.

When we announced that we were going to support Bitcoin companies, we became a great lightning rod for activity and fun.

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.