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Author Topic: Why BILL GATES do not USE Bitcoin?  (Read 8306 times)
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July 31, 2017, 02:29:35 PM
 #241

as i know bill gates support the bitcoin currency according to him in the interview bitcoin can't stop as a currency decentralized i think the reason why bill gates not investing at the bitcoin currency because he have enough money for his entire life.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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July 31, 2017, 02:31:16 PM
 #242

Bill Gates is already rich. He doesn't need any other investments.
So we can't blame him if he doesn't want to invest in btc.
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July 31, 2017, 03:06:46 PM
 #243

Bill gates do not use bitcoin because it is his investment and if you have investment then you will not use it or even touch it because it is preserved for long term purposes and the only thing that bill gates do with his bitcoins is just hold them and monitor them so he can see the changes and the possible profit or loss on his investment.

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July 31, 2017, 03:14:11 PM
 #244

Bill Gates is already rich. He doesn't need any other investments.
So we can't blame him if he doesn't want to invest in btc.
I do not think so, bill gates and millionare do not want to use bitcoin because their wealth is so much publicized that if they use bitcoin it can have a bad effect on their reputation.
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July 31, 2017, 03:25:12 PM
 #245

if BILL GATES use Bitcoin and interested in Bitcoin. i sure sure very sure price Bitcoin very highly and Bill Gates will become king of Bitcoin.

Bill Gates will making the largest mining device in the world with income more than 1000  Bitcoin in one day or even hourly.

Imagine if it really happened Shocked Shocked Shocked
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July 31, 2017, 06:21:17 PM
 #246

Do you think he needs Btc?  Smiley  We talk about billionaries of world. We don't know maybe they are busy with investment. But why they want you or me know about it?! They get money for every second. Also, i think they will not risk their business with often exchange rates. It will be good if we do our work.


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July 31, 2017, 06:34:53 PM
 #247

Bill Gates is already rich. He doesn't need any other investments.
So we can't blame him if he doesn't want to invest in btc.
I do not think so, bill gates and millionare do not want to use bitcoin because their wealth is so much publicized that if they use bitcoin it can have a bad effect on their reputation.
That's a misunderstanding, most of the millionaires have reached such a level just because of the technology. Even when you take Bill Gates into consideration his innovation in the technology made him great, so surely these people will trust and invest into these value based growth system.

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July 31, 2017, 07:02:25 PM
 #248

as i know bill gates support the bitcoin currency according to him in the interview bitcoin can't stop as a currency decentralized i think the reason why bill gates not investing at the bitcoin currency because he have enough money for his entire life.

I looked up this interview but I could not find it, Bill Gates might be rich, but it can not catch up with the innovations, BitCoin is a really great technological innovation, but I think he might have been self-assessed and not suited to itself.

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July 31, 2017, 07:11:26 PM
 #249

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?
At this juncture in his life, Bill Gates is tired with money, he has all the money that he can spend and now he is doing charitable works with it, mind you he spends half of his fortunes just to help others and GOD bless him for that

 
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July 31, 2017, 07:17:53 PM
 #250

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?

Bill Gates would not make such a stupid move,because he or anyone in his place will not want to lose their reputation. The reason why cryptos will ruin his reputation is that bitcoin aint got any owner,he cannot trust a owner-less currency or is it adopted by any country . In a reddit live AMA(ask me anything) question ,when asked do you own any bitcoin or do you use any,Mr.Bill Gates replied,
"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.

Overall financial transactions will get cheaper using the work we do and Bitcoin related approaches.
"
Maybe this is why Mr.Gates doesn't do so.





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Baofeng
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July 31, 2017, 07:24:47 PM
 #251

Bill Gates is already rich. He doesn't need any other investments.
So we can't blame him if he doesn't want to invest in btc.

On the contrary, because he is rich, he can easily throw in money to the latest crazed which is bitcoin. Bill Gates is very rich, why not put a little investment in bitcoin then? if you lose then its nothing, if you gain then you can used your money to good purpose which he and Belinda has been doing for several years now.

Bill gates do not use bitcoin because it is his investment and if you have investment then you will not use it or even touch it because it is preserved for long term purposes and the only thing that bill gates do with his bitcoins is just hold them and monitor them so he can see the changes and the possible profit or loss on his investment.

I'm at lost here. It totally contradicts your statement. Bill Gates has enough money so that if he put investment in bitcoin definitely he will not touch it long term. The first sentence says "Bill gates do not use bitcoin" and before the ending, you says "that bill gates do with his bitcoins is just hold them". Just saying.

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JNiks_ZLisa
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July 31, 2017, 07:36:48 PM
 #252

Quote
BILL GATES do not USE Bitcoin
How you know? There is no need to declare Bitcoin USE.
https://pastebin.com/ZUxTmR99
Adelajda
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July 31, 2017, 07:37:47 PM
 #253

At this juncture in his life, Bill Gates is tired with money, he has all the money that he can spend and now he is doing charitable works with it, mind you he spends half of his fortunes just to help others and GOD bless him for that
Nobody gets tired with his money and it is really good that he is spending some of his fortunes for the poor,since he is a technology genius i am sure he has invested or even tried bitcoin as i have seen him talking about bitcoin and its prospects in the past and so you never know what kind of investments he had made in bitcoin so far.
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July 31, 2017, 08:08:12 PM
 #254

i believe that bill gates is using or already have bitcoins, since he can easily acess them, i think if he wants to mine all bitcoins, he can do it, since he is a genius, he's also an investor and can see what the future of bitcoin will be. i also think that he just doesn't want to gl public.
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July 31, 2017, 08:14:46 PM
Last edit: July 31, 2017, 08:26:40 PM by lonelygrimm
 #255

Is this about Bill gates in term person or his company ? if this about himself, i think he never think to touch this currency, he is so busy with his real life, there is more important investments than bitcoin, but if you talking about his company, maybe there is a division or department that taking care company fund, there is a chance bitcoin used for this one, beside that how we can know about it ? maybe he already knew about Bitcoin and have tried it too, but yeah let's just wait and see. Bitcoin is still in development and growing period, who knows in the future everybody will talk about it ?

Update :  Grin He already know about Bitcoin, there is an interview video he that he talking about it, so there is a big chance he have investment for Bitcoin

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July 31, 2017, 09:32:07 PM
 #256

Bill Gates is already rich. He doesn't need any other investments.
So we can't blame him if he doesn't want to invest in btc.

On the contrary, because he is rich, he can easily throw in money to the latest crazed which is bitcoin. Bill Gates is very rich, why not put a little investment in bitcoin then? if you lose then its nothing, if you gain then you can used your money to good purpose which he and Belinda has been doing for several years now.

Bill gates do not use bitcoin because it is his investment and if you have investment then you will not use it or even touch it because it is preserved for long term purposes and the only thing that bill gates do with his bitcoins is just hold them and monitor them so he can see the changes and the possible profit or loss on his investment.

I'm at lost here. It totally contradicts your statement. Bill Gates has enough money so that if he put investment in bitcoin definitely he will not touch it long term. The first sentence says "Bill gates do not use bitcoin" and before the ending, you says "that bill gates do with his bitcoins is just hold them". Just saying

Gates may not be interested in Bitcoin

Personally, I don't see a single reason why he should be. He didn't invent this technology, and there is no way he could steal it (like it happened so many times to so many technologies in the past), therefore Bitcoin is certainly not his thing by any means. I don't think he might be interested in Bitcoin on purely investment grounds, Bitcoin is just too small and marginal for someone of his caliber. As you can see, apart from idle interest, there is nothing in Bitcoin that could attract Bill Gates to Bitcoin like shit attracts flies. Or like honey attracts bees



If you are not quite happy with that comparison

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August 19, 2017, 03:31:24 PM
 #257

Probably he does not have enough money for bitcoin, or he thinks that bitcoin is not a very profitable business and he does not see the point of getting wet
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