Bill gates says cryptocurrency is bad

[Bosmuda]

Everyone has their own opinions, including famous figures such as Bill Gates, whatever their opinions, we must respect them and most importantly, still react wisely.

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[ceetoo224]

In his own reddit AskMeEverything page, https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/

He answers about cryptocurrency stating
“The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Government’s 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.”

He isn't wrong in his sense, if the cryptocurrency is to have a future, they should be able to create an environment of trust between themselves and the authorities.

What about seeing the bright side about paying money instantly without needing to go through the banks? Another thing, "call me now, I'll pay you right ahead?" cryptocurrency has opened up business and investment and this is a good idea. But still depends on the people who will going to use it,

[masterfu678]

In his own reddit AskMeEverything page, https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/

He answers about cryptocurrency stating
“The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Government’s 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.”

He isn't wrong in his sense, if the cryptocurrency is to have a future, they should be able to create an environment of trust between themselves and the authorities.

Maybe he is trying to lower the price of cryptocurrency to buy it cheaper? Have you thought about that? Still pretty authoritative guy whose opinion a listen, in particular, many venture capital funds.

[Georgiyk]

In his own reddit AskMeEverything page, https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/

He answers about cryptocurrency stating
“The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Government’s 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.”

He isn't wrong in his sense, if the cryptocurrency is to have a future, they should be able to create an environment of trust between themselves and the authorities.

Perhaps this is a feature of people - to use good for evil purposes. A noble target, like crypto, can be colored dark. It depends on the person. I believe that we need to find leverage that will regulate and control the illegal and illegal use of cryptography. And cryptography should continue its noble path.

[kjn311]

I think it's all related to the internal politics of their company. Even if he likes technology, he cannot say that he supports cryptocurrencies, because if it dies, he can be sued.

[holySaint]

Bill Gates believes that this is bad because he cannot control it, but the cryptacurrency will become a serious product in many countries. How not to say that crypto currency is our future.

[starplaks]

He is not right.  States are fully capable of using cryptocurrency for their own purposes, and to receive from this a huge profit in the form of taxes!

[KolayZdun]

In his own reddit AskMeEverything page, https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/

He answers about cryptocurrency stating
“The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Government’s 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.”

He isn't wrong in his sense, if the cryptocurrency is to have a future, they should be able to create an environment of trust between themselves and the authorities.

In General, this man says a lot of things, but very little happens. Think about it, the youth tries to take away from it a stick of the power, of course he will try to dismiss it and to banish us.

[eagleman]

There is nothing wrong with this. The cryptocurrency is very bad. There are a lot of scammers here. The birth of cryptocurrency allows scammers to get rich overnight. So these are all evidence that cryptocurrency is not good, but I believe cryptocurrency will grow. Many scammers will disappear in the future.

So the fiat scammers as well. Don't throw all the garbage to cryptocurrencies.
All of those shady activities originated from fiat and these scammers has upgraded and brought themselves to cryptos.

[arkawa040]

long before the existence of cryptocurrency, people have learned to sponsor terrorists and buy drugs, I think it's not them, most likely they are not profitable, the idea of decentralization and it is because of her Microsoft can lose a lot of money, they are all talking about the dangers of terrorism but he was always and always will be and the world of cryptocurrency this not as not conducive. In order for the state not to have terrorism and drugs, it is necessary to fight not with cryptocurrency but with corruption)

[Downloaded]

In his own reddit AskMeEverything page, https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/

He answers about cryptocurrency stating
“The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Government’s 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.”

He isn't wrong in his sense, if the cryptocurrency is to have a future, they should be able to create an environment of trust between themselves and the authorities.

Uncle bill always tried to make a discord in the IT industry,but now, when a real rival for this industry appeared, he decided to unite the authority of all people and speak out against the cryptocurrency.

[tom14cat14]

I found out that many great people say that crypto is bad, but I think that they do the opposite in fact, they invest in crypto while others escape

[Khiceog]

The fear of losing the leadership position, nothing more. We should be more skeptical about this. Still, bill is not a stupid person and he can either know something, or he himself is engaged in creating a blockchain project.

[Goldleader]

He can anything he want and we can do whatever we want

[elis74]

In his own reddit AskMeEverything page, https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/

He answers about cryptocurrency stating
“The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Government’s 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.”

He isn't wrong in his sense, if the cryptocurrency is to have a future, they should be able to create an environment of trust between themselves and the authorities.

Where you've seen people, at the sight of competitors, support them. Fear blockchain technology and cryptosphere clear to me. Which is why the words of bill quite standards, for the current situation.

[Beargas0]

You understand that the ICO has taken a large part of the project to venture capital investors. If earlier it was necessary to move to another part of the world and try to somehow prove yourself, now it is enough to publish yourself on btt.

[EvgenOrel]

And the heads of the oil companies said that the IT sphere is funny and just toys for adult children. What do we see in the end? Now IT is the leading sphere in the world. Think about this.

[bgpsq]

I do not care about the opinion of people that are not involved in cryptocurrencies - they do not understand the technology, the possible use case.
So forget thinking about it and start reading informations given by experts in this industry.

[jakezyrus]

I found out that many great people say that crypto is bad, but I think that they do the opposite in fact, they invest in crypto while others escape

That is one of their strategy .  they want cryptos to go down , thats why they will do everything bad and they dont care even if they hurt many people  .  they only care about their selves and they only care about the money  .  

They were the ones that is bad and not cryptocurrency  but i dont think that many people will be affected with this type of strategy  .   we are now immune to this because this is not the first time that happen to the crypto community  . 

[Siegtal81]

The modern crypto market has already provided the most important advantages for the digital society and the development of the financial system, despite such statements by various millionaires. Of course, this is a very smart and successful person. But I believe that the crypto market has already confirmed its potential for successful investments.