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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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LFC_Bitcoin
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#1 VIP Crypto Casino
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February 27, 2018, 10:37:47 PM |
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Hey Bill.....
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MaleKing
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February 27, 2018, 10:39:36 PM |
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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!
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BitcoinGirl.Club
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Farewell LEO: o_e_l_e_o
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February 27, 2018, 10:43:07 PM |
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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.
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LeGaulois
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February 27, 2018, 10:46:20 PM |
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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...
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liseff3
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February 27, 2018, 10:57:57 PM |
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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? ...
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KingKrypto
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February 27, 2018, 11:07:10 PM |
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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.
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vit05 (OP)
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February 28, 2018, 12:10:30 AM |
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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.
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e19293001
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February 28, 2018, 12:38:14 AM |
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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".
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Beerwizzard
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February 28, 2018, 01:43:11 AM |
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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.
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Walrus1
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February 28, 2018, 02:15:43 AM |
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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
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Saisher
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#SWGT PRE-SALE IS LIVE
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February 28, 2018, 02:20:48 AM |
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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.
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boss@laway
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February 28, 2018, 02:27:00 AM |
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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.
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pooya87
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February 28, 2018, 03:53:35 AM |
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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.
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LeGaulois
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March 01, 2018, 10:16:23 PM |
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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
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Rozita
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March 01, 2018, 10:36:40 PM |
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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.
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batang_bitcoin
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March 01, 2018, 10:47:31 PM |
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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
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Turan100
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March 01, 2018, 10:51:32 PM |
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so why did he invest in bitcoin ? ¨PS:the bitcoin is not doing for illegal things
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Tatzky
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March 01, 2018, 10:56:17 PM |
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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.
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Thadeous
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March 01, 2018, 11:06:05 PM |
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All I can say here is "640 kB ought to be enough for anybody"
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