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Author Topic: Why BILL GATES do not USE Bitcoin?  (Read 8306 times)
Jherek
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June 23, 2017, 07:40:55 AM
 #61

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 he is rich enough, maybe he does not want to offend the government by buying into bitcoin. By buying into bitcoin, he will essentially be saying: "I don't trust your administration. The currency is going to collapse soon, so i'm going to dump it on the open market for something better, like bitcoin". This is good if a lot of influencial people are doing it, but if he's the only one then he and his company will face pretty bad consequences.

In fact, he isn't even really that closely linked together anymore. He's basically a mainly full time philantrophist right now. I would argue that using bitcoin is a big step to globalization, and ultimately a higher standard of living worldwide, but he may have other plans for himself. Please respect his privacy and his decision making...

on a side note, maybe he knowns that the NSA has backdoors to cpus that are used in windows computers or even a backdoor in SHA256 encryption itself so therefore he doesn't want to invest in it. WHo knows Wink And how do we even know that he holds 0 btc? Thats a question to think about.
audaciousbeing
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June 23, 2017, 07:42:10 AM
 #62

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?
There is no way to know if he actually has not invested in bitcoin and just because he didn't come out to release a statement does not mean he is not involved one way or the other. Even recently I read Microsoft is going into crypto currency which means they would have been eyeing it for long and also point out to the fact that they are already in the game long before some of us even got into the game.
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June 23, 2017, 09:11:03 AM
 #63

The same reason why Warren Buffet thinks that bitcoin is bad, although he could have made a very good short term profit of over 500% of his initial investment and probably boosted both Berkshire Hathaway's image and bitcoin's image at the same time.

Watch this video though: https://www.youtube.com/watch?v=r6mOUh_NY8M

I do think that him or the gates foundation hold some bitcoin. It just doesn't make sense for him to say such good things(and great points as to why someone would want to use bitcoin as well) and not hold any bitcoins.

I would even go on a limb here and say that maybe billionaires buying into bitcoin is the reason why bitcoin went up so much. If they see the future in btc, so should you.
xypos
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June 23, 2017, 10:52:46 AM
 #64

I think that it is clear that Bill Gates does not care about his net worth, or at least as much as we'd think he would.

Reason being, there is obviously no need for more money. More money is crucial to working class people like us, obviously, but to a billionaire and already #1 person on earth in terms of net worth he does not need more. Even if he spends 2 million dollars a year he can still live another 100 years without having to worry about earning anything.

He is far more interested in finding ways to benefit others, and obviously his image will be boosted as a result and his legacy can be carried on. As BTCNey said, he seems to show a genuine interest in using btc and getting others to use it too. I would say that he holds at least 100 BTC. I just don't think that he doesn't.
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June 23, 2017, 11:01:21 AM
 #65

Did not he say that Bitcoin is better than fiat currency? If he knows the properties that make Bitcoin a good store of value, he surely uses it.
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June 23, 2017, 11:17:49 AM
 #66

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?

Hey. Who says Bill Gates doesn't invest money in bitcoin? I'm not saying he is, but no one says he's not investing. Not because he didn't announce that hes investing it doesn't mean he doesn't.

It's very possible that he doesn't invest on bitcoin though. If not, I'm sure hes invested a bit on other altcoins. Probably Eth? For dapps? Probably Siacoin for storage reasons of windows? Golem for processing power reasons? It can be any altcoin. He just probably doesn't want to hype that certain altcoin. Tongue

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Juggy777
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June 23, 2017, 11:30:01 AM
 #67

So did he come to personally tell you or his assistant said he doesn't, do you have any proof of this. Well then again, let's say if he does it would he be so stupid enough to come openly and say it? Do you really believe him to be so stupid. These are white collar people, they are smart and I am 100% sure hr would have done it directly or indirectly and no one will ever know that's how they operate.
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June 23, 2017, 11:38:53 AM
 #68

He has enough money already, but maybe there are a few coins for entertainment.

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June 23, 2017, 11:47:26 AM
 #69

If he is not spending a litle amount of money for bitcoins then i think he is contended on how much he is earning from businesses and other stuffs,but im pretty sure he knows and he puts money into bitcoin also all about "technology" which he knows alot

 
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zahra4577
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June 23, 2017, 11:53:17 AM
 #70

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?
Why don't you ask him?It may be his personal choice.There are millions of millionaire who have not invested in bitcoin or even if they or Bill Gates have put their money in btc,they might not want everyone to know about it.Probably they want to keep it secret.

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June 23, 2017, 11:56:20 AM
 #71

I think he already has some bitcoins but he is too invested in fiat to care about cryptocurrency. Or he might already invested in bitcoin and now becoming only richer.
Gens09
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June 23, 2017, 11:59:07 AM
 #72

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 guess you dont really have a proof and i guess dince bill gates know bitcoin i guess he know the opportunities of this thing so i guess he already invested in bitcoin ofcourse he will not told anyone about it bill gates is so rich so i guess he will never waste the opportunities bitcoin gives.
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June 23, 2017, 11:59:42 AM
 #73

he don't need to invest bitcoin he already billionaire he is very rich, why he should invest bitcoin? if I am rich guy like him I don't need to invest bitcoin.
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June 23, 2017, 12:28:21 PM
 #74

First of all if you are rich doesn't mean you don't want to become richer. Secondly, I don't know why Bill Gates haven't made an investment in bitcoin yet but I remember to have read it somewhere that he showed some interest in bitcoin. He might have some plans to come up with something which might contribute a lot to bitcoin but that's just my guess only.

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jtipt
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June 23, 2017, 12:48:13 PM
 #75

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?
The main reason I think is because he has retired, and well he doesn't need anymore money what is going to do with more money. If he wants to get into cryptos then that would be for pure curiosity, maybe he just isn't curious enough about BTC yet. 
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June 23, 2017, 12:51:23 PM
 #76

Did not he say that Bitcoin is better than fiat currency? If he knows the properties that make Bitcoin a good store of value, he surely uses it.
I am pretty sure that he has Bitcoin or knows someone that is trying to store Bitcoins for him. Bill Gates did state something like he was not against Bitcoin also he stated something like technology is moving fast as well. It wouldn't make any sense for him not to have a little bit of coins on the side.

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June 23, 2017, 12:54:15 PM
 #77

maybe he's used it
but not publicity his owner to some bitcoin Grin
just my speculation
if Bill Gates become investor in bitcoin, that will be good
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June 23, 2017, 01:10:15 PM
 #78

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?
You never know whether someone invested money in bitcoin or not,Bill Gates might have invested in bitcoin just in case to test how good the technology is but you never know the real truth unless he reveal how much he invested in it,so never judge without knowing what the facts are.
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June 23, 2017, 01:59:34 PM
 #79

well people like Bill Gates tired of being rich and no need to invest in bitcoin, he might invest but only for tested not to earn profit. However we don't know if he trully invest in bitcoin, on the other hand the price would be skyrocket if he really invest his money in to the bitcoin.

maybe he's used it
but not publicity his owner to some bitcoin Grin
just my speculation
if Bill Gates become investor in bitcoin, that will be good
and might be a disaster if he selling all of his coins. This is why i'm scared of, when rich people get in to the bitcoin, they such have control over the bitcoin.
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June 23, 2017, 02:23:38 PM
 #80

He might be using it only to test it out.
He is already rich enough, so I don't think he need to invest in bitcoin.
But  we do not know for sure.
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