KesoNie
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June 21, 2017, 09:27:40 PM |
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Hello, I just want to know why Bill Gates do not invest some money in Bitcoin, he will be a very big contributor to the crypto world, and will also be very respected, he will also be able to become more rich (or less). But what is the reason why he do not invest funds in cryptocurrencies?
I have read and watch a video. Bill gates already know bitcoin and it has a bitcoins too. He also believes that bitcoin is good and it will be a good for long term investment.
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South Park
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June 21, 2017, 09:34:19 PM |
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Hello, I just want to know why Bill Gates do not invest some money in Bitcoin, he will be a very big contributor to the crypto world, and will also be very respected, he will also be able to become more rich (or less). But what is the reason why he do not invest funds in cryptocurrencies?
Because bitcoin is a revolution and those that are rich are invested in the way the system works, why do you think he will want to become rich in bitcoin when he is already rich in fiat, in fact from his point of view he should wish the bitcoin revolution does not become successful, if it does then not only he will lose money, he will lose the way to generate that money.
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Vikingr
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June 21, 2017, 09:42:56 PM |
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No one know about the bitcoin users that who is in bitcoin and who is not in it because it is anonymous currency. So we also do not know that Bill Gates have money in bitcoin or not. I am sure that he will also have some amount of money in bitcoin because he is related to digital business and any person who is expert in digital world know completely about bitcoin and its benefits.
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virtualdn
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June 21, 2017, 10:36:29 PM |
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Because he already owns a huge amount of money in FIAT and the BTC value is not something very huge for the amount of money he already has... for many billionaires out there BTC is just a tiny thing
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1 BTC = 1 BTC
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Tazmo
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June 21, 2017, 10:43:33 PM |
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He is old why wouldd he.... too rich and status quo
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Yakamoto
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June 21, 2017, 10:44:58 PM |
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Hello, I just want to know why Bill Gates do not invest some money in Bitcoin, he will be a very big contributor to the crypto world, and will also be very respected, he will also be able to become more rich (or less). But what is the reason why he do not invest funds in cryptocurrencies?
Probably has his reasons and a lot of them probably stem from some of the legal issues he could expect to run into to there being too much volatility or a lack of liquidity within the market for it to be worth investing in anything, and in a lot of cases he would be right if these are his reasons. You have to keep in mind people like Bill Gates to not exist to make your stuff more valuable. They have their own reasons and can't care less about how much money you make from Bitcoin, regardless of how rich he could make you.
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clickerz
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June 21, 2017, 10:45:12 PM |
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We do not know, some of this worlds billionaire are secretly investing in cryptocurrency especially bitcoin. They want their identity in secret and besides bitcoin is decentralized coin where anyone can own anonymously. Just take the case of Wozniak,Apple Inc. co-founder he bought bitcoin when it was still @700 dollar.
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BillyBobZorton
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June 22, 2017, 03:36:22 PM |
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The funny thing is that there is a trending video in youtube with over 1,000,000 views about Bitcoin with Bill Gates on it and now all the noobs think Bill Gates is Bitcoin friendly when I doubt that's the case, he must be neutral at best. As others pointed out, Bill Gates is a dollar billionaire so he benefits from the status quo. He would only approve of a e-fiat, not a true radical invention like Bitcoin.
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Ayers
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June 22, 2017, 03:39:28 PM |
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Hello, I just want to know why Bill Gates do not invest some money in Bitcoin, he will be a very big contributor to the crypto world, and will also be very respected, he will also be able to become more rich (or less). But what is the reason why he do not invest funds in cryptocurrencies?
because if he invest, you and other newbie will dump lol, he is not stupid, by investing a lot of money you are making other people dumping and nothing else, the price would increase a lot with all the money he have
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kuyaJ
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June 22, 2017, 03:50:43 PM |
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He didn't need money because he is rich enough. Maybe if he use a bitcoin lately his money being doubled. He have many business i think maybe without bitcoin he can richer than he reach.
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johnwest
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June 22, 2017, 04:06:37 PM |
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He didn't need money because he is rich enough. Maybe if he use a bitcoin lately his money being doubled. He have many business i think maybe without bitcoin he can richer than he reach.
The people who are rich are the same people who want to stay rich forever. Think it this way, total 41 Billion worth of BTC is in the market right now and Bill Gates is worth 82 Billion. Yes, double than the total of all BTC in the world. He may have some BTC in his pocket already or maybe he is not that interested in BTC yet. Who knows..!!!
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Blind Legs Parker
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June 22, 2017, 04:26:15 PM |
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Hello, I just want to know why Bill Gates do not invest some money in Bitcoin, he will be a very big contributor to the crypto world, and will also be very respected, he will also be able to become more rich (or less). But what is the reason why he do not invest funds in cryptocurrencies? As others already mentioned, Bill Gates actually does have bitcoins. Now on to the main point: Bill Gate's fortune is twice of bitcoin's market cap. Which means that the guy could buy all bitcoins... twice! Better than Chuck Norris. No, he won't become much richer by buying bitcoins. If he invests significant amounts (for him) in bitcoin the price will skyrocket like crazy. Same when he dumps. He might already be a whale, though, to be fair. He probably is, actually. He does have bitcoins but they're not going to make him much richer (or poorer, as you said). If he was invested to the level you're talking about, bitcoin's price would look nothing like it does now.
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Vous pouvez maintenant refermer ce topic et reprendre une activité normale. À ciao bonsoir.
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xIIImaL
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June 22, 2017, 04:32:33 PM |
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He didn't need money because he is rich enough. Maybe if he use a bitcoin lately his money being doubled. He have many business i think maybe without bitcoin he can richer than he reach.
The people who are rich are the same people who want to stay rich forever. Think it this way, total 41 Billion worth of BTC is in the market right now and Bill Gates is worth 82 Billion. Yes, double than the total of all BTC in the world. He may have some BTC in his pocket already or maybe he is not that interested in BTC yet. Who knows..!!! Is the OP is a personal secretary of bill gates to say that bitcoin is not been used by him. Please check Microsoft site you will understand that they already accepting bitcoin. Perfect business man will not leave a single penny easily. Please refer the below link which has been released by the support faq of Microsoft. https://support.microsoft.com/en-in/help/13942/microsoft-account-add-money-with-bitcoin
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June 22, 2017, 04:34:52 PM |
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How do you know that Bill Gates did not invest into Bitcoin, all he need is a offline wallet address to store his bitcoins, unlike banks or online payment gateway, bitcoin does not need a user to register his national ID or submit any document verification for proof of his identity, who knows how many bitcoins there are in Bill Gates bitcoin wallet now except himself? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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krishnapramod
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June 22, 2017, 04:42:23 PM Last edit: June 22, 2017, 05:18:18 PM by krishnapramod |
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Hello, I just want to know why Bill Gates do not invest some money in Bitcoin, he will be a very big contributor to the crypto world, and will also be very respected, he will also be able to become more rich (or less). But what is the reason why he do not invest funds in cryptocurrencies?
If I go by Bill Gates opinion I would not call him a bitcoin enthusiast. He likes the technology behind bitcoin, but does not agree with non reversible and volatility. "Bitcoin is an exciting new technology. 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. For our Foundation work we are doing digital currency to help the poor get banking services. We don't use bitcoin specifically for two reasons. One is that the poor shouldn't have a currency whose value goes up and down a lot compared to their local currency. Second is that if a mistake is made in who you pay then you need to be able to reverse it so anonymity wouldn't work." I do not know if he is investing in bitcoins or not. Bill Gates net worth is twice the entire market capitalization of bitcoin. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi66.tinypic.com%2F3009rgz.png&t=665&c=vC_WxD34hRlyVw)
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June 22, 2017, 04:56:14 PM |
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We can't know for sure if he is using Bitcoin or not. But I would say that rich people look differently on cryptocurrencies. And if they invest they invest in more secure and stable things, I would say more traditional ones. His interests are focused on different things and regarding to finances he probably has advisers and Bitcoin wasn't something they paid attention to.
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Babyrica0226
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June 22, 2017, 05:37:08 PM |
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Hello, I just want to know why Bill Gates do not invest some money in Bitcoin, he will be a very big contributor to the crypto world, and will also be very respected, he will also be able to become more rich (or less). But what is the reason why he do not invest funds in cryptocurrencies?
Maybe Bill gates doesn't need anything, because He is a billionaire person or He has a deep and valid reason why he's not using it. And besides whether He use it or not nothing to loose for Him at all.
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hardtime
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June 22, 2017, 06:52:19 PM |
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Bill Gates is going to used what's best for him, he's not going to use the most innovative or the best this or the best that. He's going to do what's best for himself to be able to maximize profits, minimize expenses (such as taxes) and so on and so forth. Even though he may have come out awhile ago and said Bitcoin was amazing and all that, he's not coming out and saying that he'd use it for himself. He has to ACTUALLY use his currency and doesn't want it to be so volatile that it could lose 1/3 of it's value in .2 seconds. That'd be insane to see with his billions though. The funny thing is that there is a trending video in youtube with over 1,000,000 views about Bitcoin with Bill Gates on it and now all the noobs think Bill Gates is Bitcoin friendly when I doubt that's the case, he must be neutral at best. As others pointed out, Bill Gates is a dollar billionaire so he benefits from the status quo. He would only approve of a e-fiat, not a true radical invention like Bitcoin.
He'd approve of whatever makes him more money, so whatever is going to help him and his family and OVERALL his fortune he's going to work within to advance and further his wealth.
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dothebeats
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June 22, 2017, 07:08:43 PM |
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Why would he? That's a good question. He already have all of his assets tagged in USD and because of that, he fully supports the currency. Why would he use something that is technically the enemy or the one that disrupts his holdings in the first place? And aside from that, he's already rich. No need to make more money than what he has right now.
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rizkyhiw
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June 22, 2017, 07:47:22 PM |
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We can't know for sure if he is using Bitcoin or not. But I would say that rich people look differently on cryptocurrencies. And if they invest they invest in more secure and stable things, I would say more traditional ones. His interests are focused on different things and regarding to finances he probably has advisers and Bitcoin wasn't something they paid attention to.
speculation is everywhere here , i am sure noone know about it even microsoft as his company involve in several bitcoin project , without reliable data / evidence that bill gates invest in bitcoin personally .
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