Bill Gates wasn’t joking when he said Bitcoin was better than Fiat Currency

[Tenderino]

We all know that bitcoin is way better than the official currency, but I do not understand how it can help the global financial technology, because the global financial technology works based on the unlimited money creating system? Deposits and withdrawals to online gambling sites is the best example why bitcoin is unlike better, because you can do it anonymously and without any restrictions. Now compare this with the public currency processing, starting with the opening of a payment processor account and KYC procedures!

[christian07]

Yes because this is all around the world that's why the price also are base in the world's money like different fiat.We can think that crypto currencies are good to called like international money because this is like bank that can bring so much conveniece in buying all around the world,In the future it can happen base on history.

[streetlight]

Yeah the way he is talking right now is very similar tto how he talked about the internet in the mid 1990's on talk shoows and people were like... "what is the internet" and laughing and stuff, but he knew his stuff.

This leads me to believe that crypto truly is the future of money and the Blokcchain technology is legit!

[RakelA96]

bill gates, john mcafee who else
very nice to be a famous person, his words can come true because people believe what that person is saying
he simply says "hey doge will go up" and people make it happen

Recently. Jhon Mcafee started giving trade signals. This is a sign that he strongly believes in Crypto's future.
I'm sure some other famous people will soon join. This is great for future crypto.

I agree with you if other famous people will join that is really good movement for crypto
Common people will believe to invest in cryptocurrency
i'am waiting for jack ma joining the crypto world
Very very interesting

[staker$]

Bitcoin is for investment. Other ideals in a good digitalized-medium of payment like anonymity, lightning transfer and minimal deductions is what Bitcoin lacks, so there are wide array of Altcoins to patch these holes.

[fiulpro]

He does hold a descent amount of power over the mind set of people..well all the people who are unsure about investing in bitcoins do feel a lot more safe when people say something like that and those people who...do hold a lot of power over everyone.
But one should also remember this that a newbie cannot invest that much amount that will make the amount to increase by 4 times, so it was bound to happen.

[praetor_delius]

For some reason I just imagine Bill Gates buying into bitcoin before saying that comment, and then dumping all of his BTC at around $20,000 USD.

It's a funny thought for sure, Bill Gates, a PnD'er?

[RobertoMakeli]

Recall when bill gates made that statement, he had seen the great future that bitcoin has and how it can help the global financial technology and now the price of bitcoin has quadrupled since he made the comment on bitcoin, as many people came in and saw the great potentials of bitcoin.

Bill gates made it clear that bitcoin is better than the currency because you do not have to stark physical currencies in a place for your transactions and start feeling insecure, and for large transactions,


Read More => https://zycrypto.com/bill-gates-wasnt-joking-said-bitcoin-better-fiat-currency/

He just told the truth in nearest future

[Dapper]

McAfee over Gates in terms of tech/coding ability, but keep in mind these guys are way over the hill and hardly on the cutting edge any more.

[btccointalk]

Recall when bill gates made that statement, he had seen the great future that bitcoin has and how it can help the global financial technology and now the price of bitcoin has quadrupled since he made the comment on bitcoin, as many people came in and saw the great potentials of bitcoin.

Bill gates made it clear that bitcoin is better than the currency because you do not have to stark physical currencies in a place for your transactions and start feeling insecure, and for large transactions,


Read More => https://zycrypto.com/bill-gates-wasnt-joking-said-bitcoin-better-fiat-currency/

Words spoken by experienced and successful people are mostly true because they have achieved a lot not just because of their luck but because of their knowledge and their effort which they put in different sectors.

[Herbert2020]

For some reason I just imagine Bill Gates buying into bitcoin before saying that comment, and then dumping all of his BTC at around $20,000 USD.

It's a funny thought for sure, Bill Gates, a PnD'er?

it is a funny thought because people like Bill Gates don't need the money that such actions can give them. they make that money so much easier with so much less risk in a short time. they don't need to do it with the high risk bitcoin.

and when you remove the monetary goals then you have a free mind to see only the real potential of the technology that bitcoin has. the power of decentralization that bitcoin introduced to us in form of a digital currency which is gaining more support every day.

[BtcBling]

Recall when bill gates made that statement, he had seen the great future that bitcoin has and how it can help the global financial technology and now the price of bitcoin has quadrupled since he made the comment on bitcoin, as many people came in and saw the great potentials of bitcoin.

Bill gates made it clear that bitcoin is better than the currency because you do not have to stark physical currencies in a place for your transactions and start feeling insecure, and for large transactions,


Read More => https://zycrypto.com/bill-gates-wasnt-joking-said-bitcoin-better-fiat-currency/

Bill Gates and John McAfee are futurist, they can see the positive effect of Bitcoin on our economy and technology. They see the potentials of using electronic currencies as a direct competitor or an alternative of fiat.

[crptotrader007]

Good to see that people do discuss over the positive statements towards Bitcoin. Until now I had seen only the threads where people used to discuss about the negative statements made from people like Jamie and other wall street officials. Bitcoin is indeed a better currency and technology. It just needs a little bit more of development so that it can tackle the upcoming issues. If Nakamoto would have still developed the currency then BTC would have crossed a million dollars by now.

[Bestprint]

He is definitely a man who sees opportunities and think far ahead. Bitcoin is good, but blockchain technology is the main thing that is most important as that can change lives and create a better future for us.

[glaciercapital]

He is definitely a man who sees opportunities and think far ahead. Bitcoin is good, but blockchain technology is the main thing that is most important as that can change lives and create a better future for us.

Yes, he is clearly open minded. Peter Thiel made similar comments aswell regarding bitcoin. I believe the broader public and financial sector is already beginning to open its eyes to the potential with all cryptocurrencies.

[mOgliE]

Better? What does it mean?

Reading your post, I understand it means that bitcoin is more convenient than fiat currencies. Thank you but we didn't need Bill Gates to tell us so..

Bitcoin is not "better", it is completely different. It holds lots of hope and opportunities as thanks to the blockchain, you are no longer dependent on large institutions that actually control the market. Of course, "large" bitcoin owners may influence rates... But nothing comparable with the manipulations that can currently be made by traditionnal banks!

I don't know how much Billy knows about bitcoin but... He is just a rich man. Him saying that bitcoin is great does not make bitcoin great. Bitcoin is great in itself and don't need recognition from billionnaires. I am quite fed up with all these posts about "famous people" endorsing bitcoin. We don't need it. If you believe in bitcoin, your actions are far more important than statement from Billy or Marcky!

[Kingofbitcoin12345]

To know that this person do believe in cryptocurrency is a good thing and this statement will surely gives a good signals that really a fan of Bill Gates and it’s company.. If he does invest in it can do make a difference with all his money he can make bitcoin price in new heights in second.. The number one richest man in the world is a bitcoiner would be a game changer..

[BrewMaster]

He is definitely a man who sees opportunities and think far ahead. Bitcoin is good, but blockchain technology is the main thing that is most important as that can change lives and create a better future for us.

Yes, he is clearly open minded. Peter Thiel made similar comments aswell regarding bitcoin. I believe the broader public and financial sector is already beginning to open its eyes to the potential with all cryptocurrencies.

most of the technologically advanced minded people have been open minded about bitcoin too. you can't see any one of them making weird comments about bitcoin.
all the negativity and FUD always comes from "businessmen" who are making a living by trading. they spread it to get a possible better position and make more money. and the "broader public" has been falling for this FUD so far. but slowly they stop believing it.

[fusepay]

And now even the banks are after Crypto with Ripple, they have missed out on the BTC / ALT growth era and now selling tokens in a wealth reversal that will be reflected against the US dollar that could be worth from 5c to $1.50, and even then they are not accepting FIAT for the purchases... Does this tell you something?

[plaintiff77]

Bill Gates really wasn't joking when he said that bitcoin is better than fiat currency.The one of the most influencial and most rich person in the world really find that bitcoin will surpass the fiat money because of its huge price and rapidly increasing value.