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Author Topic: Why BILL GATES do not USE Bitcoin?  (Read 8306 times)
khan149
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July 12, 2017, 05:35:49 PM
 #201

This question is very funny I think.Bill Gates is very rich man in the whole world.What he will not use is his personal privacy.
flower1024
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July 12, 2017, 05:40:58 PM
 #202

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?

We can't say that for sure. Maybe Billgates is also using Bitcoin since he sees an opportunity which every Bitcoiners out there do and been secretly or just doesn't find the necessity to share it to the public that he is using it or maybe he don't. Even if he doesn't use it, he earns an abundant amount of money and don't need any help with Bitcoin.

yes who knows that he is using bitcoins or not, maybe he is using bitcoins but not sharing with others and one more thing he doesn't need this kind of illegal currency to become rich. He already a rich person and he is making millions of money from his business so he may don't have time to spend on these bitcoins. Anything can be possible.
malikusama
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July 12, 2017, 06:00:33 PM
 #203

In my point of view he have already many other things to do and he is earning more profit from them then this bitcoin business. In short he don't need to start any other business, he is rich enough from what he currently have.
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July 12, 2017, 08:46:56 PM
 #204

He is to rich to give a shit :'DD

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July 12, 2017, 08:48:51 PM
 #205

I would say he is letting it ride a for a bit and he will introduce to the crypto market his own coin.
The Billcoin or Microbits or something corny sounding.

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July 12, 2017, 08:50:38 PM
 #206

I honesly think that he doesnt need it,he is the richest man in the world why would care about something that would make others rich
CuriousInvestor
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July 12, 2017, 10:15:19 PM
 #207

How do you know he is not investing in crypto? Microsoft Azure is involved with a lot of cryptocurrencies. Many people are investing in the dark that you do not know.
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July 12, 2017, 11:37:09 PM
 #208

How do you know he is not investing in crypto? Microsoft Azure is involved with a lot of cryptocurrencies. Many people are investing in the dark that you do not know.
Yeah as far as i can know bill gates has been already know the power of bitcoin and he is already unto it. He already hold some bitcoins now and i think other altcoins too. Bill gates has a money so therefore he will see the potential in bitcoins and in sure that he had many now we doesnt know.
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July 13, 2017, 12:36:41 AM
 #209

if he uses bitcoin .I think its a lot of fun for him .he could suggests many technical situation perhaps. he think many people may be also rich like him if this is possible from the past if internet was born. Although Bill Gates was the richest man, he will possibly invest money for this instead for using.

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July 13, 2017, 02:13:36 AM
 #210

How do you know he is not investing in crypto? Microsoft Azure is involved with a lot of cryptocurrencies. Many people are investing in the dark that you do not know.
Yeah as far as i can know bill gates has been already know the power of bitcoin and he is already unto it. He already hold some bitcoins now and i think other altcoins too. Bill gates has a money so therefore he will see the potential in bitcoins and in sure that he had many now we doesnt know.
I don't think a rich person like him who's very passionate about the new technologies will not support bitcoin.
I believe he had acquired a lot of bitcoins already but in a silent manner, sometimes it's good to keep it as a secret so he can hide his true wealth.
We all know that he is one of the riches man in the world, but do you believe he declares everything he got?

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July 13, 2017, 03:26:36 AM
 #211

Bill Gates have enough money in USD. He wasn't interested to invest to Bitcoin. That's it!
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July 26, 2017, 12:50:32 AM
 #212

How do you know he is not investing in crypto? Microsoft Azure is involved with a lot of cryptocurrencies. Many people are investing in the dark that you do not know.
Yeah as far as i can know bill gates has been already know the power of bitcoin and he is already unto it. He already hold some bitcoins now and i think other altcoins too. Bill gates has a money so therefore he will see the potential in bitcoins and in sure that he had many now we doesnt know.
I don't think a rich person like him who's very passionate about the new technologies will not support bitcoin.
I believe he had acquired a lot of bitcoins already but in a silent manner, sometimes it's good to keep it as a secret so he can hide his true wealth.
We all know that he is one of the riches man in the world, but do you believe he declares everything he got?

I don't think a honest person like Bill Gates will hide his investment from the public. He probably don't need this investment because he doesn't trust crypto things. If he invests, we read this from newspapers.
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July 26, 2017, 01:43:38 AM
 #213

This is Bill Gates response of why he does not use bitcoin.

“Bitcoin is an exciting new technology. 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.”

You can read it here: https://www.coindesk.com/bill-gates-gates-foundation-doesnt-use-bitcoin/

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erickkyut
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July 26, 2017, 01:50:25 AM
 #214

This is Bill Gates response of why he does not use bitcoin.

“Bitcoin is an exciting new technology. 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.”

You can read it here: https://www.coindesk.com/bill-gates-gates-foundation-doesnt-use-bitcoin/

It is just funny to read or hear that Bill Gates doesn't want to use Bitcoin because of those reasons but he invested big time on Ethereum which happens to also have a value that goes up and down a lot compared to the local currencies.
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July 26, 2017, 03:39:42 AM
 #215

At this point in the life of a multi billionaire, I don't think he would be wanting to invest in Bitcoin for the potential profitability.  His net worth is so far beyond his consumption level by many magnitudes.

The little guy hedging his bets with Bitcoin and hoping to one day get rich or hold a stable currency if the national currency implodes...doesn't apply to billionaires.
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July 26, 2017, 05:46:40 AM
 #216

Do you guys don't watch the news or even browse in youtube?
Bill gates is in the news and he's really into crypto currency and he's a big help in the community as the price is also affected by this. Hope many known investors will invest here and many countries will adopt bitcoin soon.

Happy Coding Life Smiley
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July 26, 2017, 06:02:05 AM
 #217

How do you know he is not investing in crypto? Microsoft Azure is involved with a lot of cryptocurrencies. Many people are investing in the dark that you do not know.
Yeah as far as i can know bill gates has been already know the power of bitcoin and he is already unto it. He already hold some bitcoins now and i think other altcoins too. Bill gates has a money so therefore he will see the potential in bitcoins and in sure that he had many now we doesnt know.
I don't think a rich person like him who's very passionate about the new technologies will not support bitcoin.
I believe he had acquired a lot of bitcoins already but in a silent manner, sometimes it's good to keep it as a secret so he can hide his true wealth.
We all know that he is one of the riches man in the world, but do you believe he declares everything he got?

I don't think a honest person like Bill Gates will hide his investment from the public. He probably don't need this investment because he doesn't trust crypto things. If he invests, we read this from newspapers

It could be said that you made my day for today

I guess no one should use the word "honest" in the same sentence with Bill Gates (if only as part of "dishonest"). As Steve Jobs (of which I am no fan either, just in case) describes Gates, "Bill is basically unimaginative and has never invented anything, which is why I think he's more comfortable now in philanthropy than technology. He just shamelessly ripped off other people's ideas". That's what Microsoft itself has been particularly good at, i.e. stealing ideas and then claiming them to be theirs since the early days of MS-DOS (or even before)

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July 30, 2017, 09:48:06 PM
 #218

Maybe he use a bitcoin, who knows but maybe he want that this nobody don't know.
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July 30, 2017, 10:02:18 PM
 #219

Maybe he use a bitcoin, who knows but maybe he want that this nobody don't know.
I guess so too. In his status being a billionaire, of course he will use bitcoin. We don't really know if he doesn't use bitcoin because he's already famous. The fact that he is a billionaire but regardless on that, he can contribute in the economy more if ever he uses bitcoin discretely. But if he really doesn't use bitcoin, that's his preference not to use it instead he finds it more convenient when using cash and he maybe secured as well.
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July 31, 2017, 12:17:26 AM
Last edit: July 31, 2017, 03:09:36 AM by genocide
 #220

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?

How sure are you that he did not invest money in bitcoin? Of course he would always want to be involved into the latest technologies especially when it is a prospect to earn more money. I saw some videos of him on YouTube having an interview about his thoughts on bitcoin and I pesonally think that he supports this kind of new and innovative technology. We never know if he made an investment about it before and just hide it from the public.
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