Bill Gates opinion about Cryptocurrency

[vit05]

The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.

https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/dux49ll/?utm_content=permalink&utm_medium=front&utm_source=reddit&utm_name=IAmA

[LFC_Bitcoin]

Hey Bill.....

[MaleKing]

The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.

https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/dux49ll/?utm_content=permalink&utm_medium=front&utm_source=reddit&utm_name=IAmA

I can't say he is not right, but the crypto as a whole, it's going to be embraced by the world. Governments are ruled by men, and we the people make the rules.
Cryptos are here to stay!

[BitcoinGirl.Club]

The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.

https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/dux49ll/?utm_content=permalink&utm_medium=front&utm_source=reddit&utm_name=IAmA

I think with over a thousand cryptocurrencies on the crypto market all with a different purpose I honestly see this to be partly true and I really appreciate Bill Gates contribution towards todays technology and he might be right to say some could be used by terrorists but digital currencies are as good as fiat when it comes to this area of concern.

[LeGaulois]

It's funny because a while back he said

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."

Do you see the irony, or hypocrisy, as you want... Yet fiats are by far more used for any illegal activity, and I doubt people are buying fentanyl with crypto currencies. I don"t even know where he got this...

[liseff3]

What Bill Gates said is true but not all. Everything is back to each of as a user, will use for what, crypto we have? ...

[KingKrypto]

The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.

https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/dux49ll/?utm_content=permalink&utm_medium=front&utm_source=reddit&utm_name=IAmA

All he said here is that investing is crypto is risky, nothing new guys. We already knew that (or at least we shouldve known that) when we got into this!
High rewards come to those that take the highest risks.

[vit05]

It's funny because a while back he said

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."

Do you see the irony, or hypocrisy, as you want... Yet fiats are by far more used for any illegal activity, and I doubt people are buying fentanyl with crypto currencies. I don"t even know where he got this...

I think he should write a text about. He just answers what people are asking and as the answer is small, it looks like is different. But he, as a tech guy, should be excited about the technology. But as someone that has some concerns about the world and drugs, could want that government has more control over cryptocurrency.

[e19293001]

It's funny because a while back he said

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."

Do you see the irony, or hypocrisy, as you want... Yet fiats are by far more used for any illegal activity, and I doubt people are buying fentanyl with crypto currencies. I don"t even know where he got this...

He just want to control the price of bitcoin by his
statements. When he wants to buy, "he'll say bitcoin is a piece
of shit". And when he wants to sell his btc, he'll say, "bitcoin
is the future and is going to the moon".

[Beerwizzard]

Bill Gates is definetely a great guy but I prefer to avoid the information that different businessmen say simply because pretty often it may be just another bullshit that will only disappoint you in people that you've respectrd before.
Just a couple words about Bill Gates and how they are spreading FUD everywhere: not so long ago he claimed that Trump is wromg about his tax reform and that wealthy people should bay more taxes. Meanwhile you can always donate the US government if you feel like you've underpayed some taxes. Guess how many of people like Bill Gates do that?
Some people could think that he is saying it because he care about the country, society etc. But imho this is something like a brand new art of talking bullshit in order to take some more media space (and obviously look better in the eyes of mainstream) but at the same time not doing anything.
There is the same situation with cryptocurrencies where everyone is trying to bring some FUD without doing anything. People should leard how to avoin this kind of news.

[Walrus1]

Bill gates is giving away every penny he has made. You guys have it twisted. Microsoft accepts btc what does that tell you. Investigate before u talk poop

[Saisher]

Anyway, Bill Gate is not going to be here forever, but Bitcoin and cryptocurrency will stay here for a long time and will eventually evolve let us not listen to this old man, ok he contributed a lot but this is a new technology that he seems taking a hard time to comprehend.

[boss@laway]

The Bill and Melinda Gates Foundation's motto is: All Lives Have Equal Value. For years, the couple have been using their own success to help bring improvements in health care and education to developing nations. Now, they have a vision for growing the economies of those countries.

[pooya87]

i am starting to doubt if this is really Bill Gates despite the proof in that link posted on his twitter!

The main feature of crypto currencies is their anonymity.

it is not. the main feature is the privacy not anonymity and it is only one of the many features. the most important one is the decentralization and the fact that you don't need the previous corrupt banking system anymore.

The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way.

this is only true if the government could find all that when they used any other method than cryptocurrencies. you see, all of that is already happening with or without cryptos and government can not do anything about it.

[LeGaulois]

Bill gates is giving away every penny he has made. You guys have it twisted. Microsoft accepts btc what does that tell you. Investigate before u talk poop

This guy is not giving away anything, or the only thing he is giving is death and sterilization This guy, using his foundation, invest in child torture to fund other projects. Who should "Investigate before u talk poop"
For example, he invested into Israel’s torture of Palestinians through G4S, Human rights organizations have documented

Why do you think he is so much involved in vaccines, why do you think he owns over 500,000 shares in Monsanto

[Rozita]

The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way.

this is only true if the government could find all that when they used any other method than cryptocurrencies. you see, all of that is already happening with or without cryptos and government can not do anything about it.

Yes. But it is very easier for criminals when they use bitcoin and make it more difficult for governments. It can cause more illegal activities to be done. 
I personally support bitcoin. But we can't ignore this.

[batang_bitcoin]

Hey Bill.....

Hey Bill I thought you are supporting bitcoin and I thought you said bitcoin is better than a currency.

https://www.youtube.com/watch?v=bYMy6vEjPTE  

[Turan100]

so why did  he invest in bitcoin ? ¨PS:the bitcoin is not doing for illegal things

[Tatzky]

I do not agree with his statement when he says his words, but we don't have to agree with him one hundred percent since we have our own idea and what crypto really is. Just don't mind him.

[Thadeous]

The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.

https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/dux49ll/?utm_content=permalink&utm_medium=front&utm_source=reddit&utm_name=IAmA

All I can say here is  "640 kB ought to be enough for anybody" 

[Vannie12]

Another FUD made by a rich guy.
Yet we don't know if they really have knowledge about this king of technology.
What they say about bitcoins can't summarize it's essence.

Anonimity is for the sake of the users, safety and security is what they ask for and that is what bitcoins give. Yet we know the flaws.
It's just that government track such illegal activities that is why for me it's okey that cryptos can be regulated. But not for the purpose of controlling it.

[cpfreeplz]

What an asshat. He literally said that governments controlling your money is a good thing. Holy shit. Just goes to show that he obviously gamed the system and doesn't want it to be fair out there. He needs all the fake money that he's earned over the years to be worth something still. It won't be for long!! Hahaha

[Theo222]

The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.

https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/dux49ll/?utm_content=permalink&utm_medium=front&utm_source=reddit&utm_name=IAmA

I dont think why billgates say this one, maybe he dont want to make their friend relatives and other people to lose their money in bitcoin because the price go down and go up rapidly. I agree to him because it is risky

[Dexion]

Anyway, Bill Gate is not going to be here forever, but Bitcoin and cryptocurrency will stay here for a long time and will eventually evolve let us not listen to this old man, ok he contributed a lot but this is a new technology that he seems taking a hard time to comprehend.

yes, I agree with you, we'd better cover the ears of everyone who makes us doubt the bitcoin, including bill gates.

he has the right to argue, but crypto will survive to provide benefits to its users. and now there are many countries that will use crypto as currency.

[Ikay]

all people that use bitcoin know about it why bill gates say that again even if he said that the people will obey and follow immediately what he wants? I dont think so. even he use his power because his the most rich guy I dont think that he said will stop all investors to invest in bitcoin all people want some income even its risky and their money is at risk they will continue invest in bitcoin whatever happens. not bill gates or other rich persons can stop investors to invest in btc.

[yonjitsu]

The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.

https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/dux49ll/?utm_content=permalink&utm_medium=front&utm_source=reddit&utm_name=IAmA

Have already read this article before on reddit and i was just wondering why he sounds like that where in fact he owned thousands of bitcoin. So ironic to think the richest man invest on bitcoin and oppose on it too.

[Thadeous]

The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.

https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/dux49ll/?utm_content=permalink&utm_medium=front&utm_source=reddit&utm_name=IAmA

Have already read this article before on reddit and i was just wondering why he sounds like that where in fact he owned thousands of bitcoin. So ironic to think the richest man invest on bitcoin and oppose on it too.

Something tells me that he invests in crypto, may be not directly, may be via futures contracts or other financial instruments.

[acha1217]

It doesn't seem fair if you say cryptocurrency will kill someone, because the currency of the country can kill someone too, if webuse it in wrong way. Cryptocurrency Formed with its own uniqueness, and an technology also have an excess and deficiency, and this deficiency is utilized to make bad news for investor, and they use this to buy coin in low price.

[cpfreeplz]

Weird. I've owned cryptocurrency for almost 3 years now and never once have I bought fentanyl or other drugs. Since apparently that's all Bitcoins are good for I guess it must be everyone else on this thread right? Oh you guys don't either? Hmm. Weird.. I think Bill Gates forgot his source on this one. Maybe we should get his facts straight and show him that far more crimes are commited with fiat and then let's even go far to see the # of crimes vs the actual value of the currency. Let's call it crimes per capita. I would be shocked if Bitcoin was higher than fiat. Criminals have used fiat for generations and now all of a sudden we're supposed to believe that crypto is going to take over the drug trade? Come on. No one wacked out of their mind could figure out how to send some Bitcoins right away. This is just ridiculous.

[pandanpanda]

The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.

https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/dux49ll/?utm_content=permalink&utm_medium=front&utm_source=reddit&utm_name=IAmA

Some of the world's leading investors have considered bitcoin madness, with some warnings to avoid it "like an epidemic" and others say it's okay to invest.

[Aliya Taj]

The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.

https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/dux49ll/?utm_content=permalink&utm_medium=front&utm_source=reddit&utm_name=IAmA

Bill is right, Dealing in crypto is risky, but we all know the risks involved and those who don't are advised to do their research and find out more. my concern however is, why does critics always focus on the negative perception of cryptocurrency, i mean every technology has its negatives, the internet itself gave birth to cyber crime. Crypto has lots of strengths and i think we should focus more on the strengths than dwelling so much on the weakness.

[brickafterbrickwalldpt]

I don't think we should be worried about it. I hate people who change their mind so easily without any particular reason? Cryptocurrencies cause deaths? Don't be silly, a lot of illegal things are still being bought using dollar or some other fiat. Cryptocurrencies make such transactions easier but it doesn't mean that they are their cause. If someone wants to buy drugs, they will buy them even if we banned Bitcoin. Something must have happened to him.

[vladimirnesgibaev1]

Now crypto currency is used to buy fentanyl and other drugs, so this rare technology directly carries death. I think that the speculative wave around the ICO and the crypto currency is too risky

[slyfox]

It's funny because a while back he said

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."

Do you see the irony, or hypocrisy, as you want... Yet fiats are by far more used for any illegal activity, and I doubt people are buying fentanyl with crypto currencies. I don"t even know where he got this...

That change of mind probably has to do with governments asking that he stopped backing bitcoin, after all he is probably one of the most known people when it comes to computers now that Steve Jobs died, since he is so influential the powers behind the curtain are asking of him to spread bad comments about bitcoin so this slows down adoption.

[BtcoinSpider]

The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.

https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/dux49ll/?utm_content=permalink&utm_medium=front&utm_source=reddit&utm_name=IAmA

@vit05, let me comment in this manner, a story was told about some group of zoologist who where afraid about the size of a specific animal (the elephant) They find an averge elephant weight about 100 - 120 Kg (220 lb) approv. when compare to the size of a fully grown one's

Now, based on the figures, they decided to device a way to trick, that is by chaining the elephant when they are still young in order to be able to control them when they are fully grown. Today, we've seen the effect of this trick on the elephant. They still work very slowly as if, they are still chained to a big tree.

This is what is happening today in our society. we have been so brain-wash that nothing else mean's much to us.

We tend to enjoy thing's which tend to  keep us in bondage. pay tax,transparency in currency..ecc.

Most people are more miserable today with the existence of more security measures compare to when there are less security measures.

In conclusion,  govt. can also track the purchase of sophisticated weapon if, they want to, if, such payment was made through the use of virtual currency. They  can do this by tracing  the destination of the package in order identify the sender.


Thanks

[andrew1carlssin]

I wonder then what he thinks about TOR, PGP/GPG and cryptography in general ... should I then trust Windows BitLocker ? or is there a backdoor on it ?

[Sexie]

The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.

https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/dux49ll/?utm_content=permalink&utm_medium=front&utm_source=reddit&utm_name=IAmA

The same thing , either in bitcoin or local money, no ones controlled tax evasion, money laundering , funding terrorist or buying drugs, just anywhere in the world. They said that what else money can not do? They just can do it even there’s no bitcoin. One thing that bitcoin users  were being an anonymity.  It depends how you use bitcoin in your life. If you want to go straight  with your aims about bitcoin with no wrong doings, then been so good. Bitcoin just help people to rise up their living through its  projects and platforms. Bill Gates knows it  through social media, nobody doing bad in there. Just showing their support to crypto currencies no more ,no less.

[hackzang12]

I think Fiat money is the main Illegal acitivity that i am concerning. But ofcourse cryptocurrency is the main source of all the money online.  I don't care about Bill Gates opinion. But i'm far concern how the monetary system will looks like in the near future.

[Mickznet]

Maybe he is right in some area, even a local currency may used for terrorist and other currency to laundering. Before cryptocurrency exist, dollar already used for terror.

[irinalevina456]

Hello everyone I'm currently working on a project with cs-monitor project I'm very happy with withdrawing money now the project is really working. In a week it turns out about 5% of profit. So after six months you will easily score the deposit amount

[daarul50]

We all know that Bill Gates is one of the richest people in the world and it seems unlikely he has not noticed at all the potential of blockchain technology on the economy. I'm sure he has some bitcoin but because of the anonymity that this blockchain technology uses, we know who has bitcoin. In the future, I am sure Bill Gates will follow John McAfee and jointly support the crypto.

[Matildada]

The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.

https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/dux49ll/?utm_content=permalink&utm_medium=front&utm_source=reddit&utm_name=IAmA

Yes, part of what he said was right. But that will not stop the development of cryptocurrency, which is getting better and better. Some celebrities are critical of cryptocurrencies such as bitcoin, which they believe have helped criminals, and have actually invested in bitcoin.

[andrew1carlssin]

on our field ...

Bill Gates opinion weighs much less than guys like Bruce Schneier, wc-

[pitiflin]

Bill gates is giving away every penny he has made. You guys have it twisted. Microsoft accepts btc what does that tell you. Investigate before u talk poop

This guy is not giving away anything, or the only thing he is giving is death and sterilization This guy, using his foundation, invest in child torture to fund other projects. Who should "Investigate before u talk poop"
For example, he invested into Israel’s torture of Palestinians through G4S, Human rights organizations have documented

Why do you think he is so much involved in vaccines, why do you think he owns over 500,000 shares in Monsanto

All rich fucks are money minded and they don't give a shit about other humans even if they claim to do so. Bill Gates is not even giving more than 10 million to his own children,he apparently wants to give away all of his wealth. Yeah right,had he wanted to donate,the world would have been a better place to live in. Syria would have survived. Innocents wouldn't have died. Rich people make me throw up in my own mouth when they say fucking lies like this. Its one thing not to give away money but to lie about it while having a cruel intent is something else. Jamie Dimon,Bill Gates, Warren Buffet,who else..