Bill gates says cryptocurrency is bad

[baigreen]

Yes, and reveal secrets. Monitor your equipment. Send reports. It's good. His statement is based on the policies of the country in which he lives. That they are expressed about yes cryptocurrency will change the world. That shout about terarizm. Habitual Americans.

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[harapan]

who cares about those words?
is it because he occupies the list of the richest people in the world then everyone will believe it? he's not interact directly with crypto, he only sees from the outside, how can you know the contents of a book just by looking at the cover without reading it. crypto will never die

[trudovik]

Such big people like Bill Gates say not always the right things, more precisely, they are people too and have the right to their opinion, but their opinion can change, because they, like us, can change this opinion.

[Bdstar]

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.

I respect his opinion and can't tell he is wrong.But the thing is why he just saying negative about bitcoin.He should notice the positive side of bitcoin too.Bitcoin is changing people’s life and making Strong in financial.Job less people is working for bitcoin.Bitcoin is making people rich and some are becoming Millionaire.Yes, bitcoin have some problems and what he said is right.But I think If we can solve these issues of crypto currency we can make a good future world.                     

[gelli]

Such big people like Bill Gates say not always the right things, more precisely, they are people too and have the right to their opinion, but their opinion can change, because they, like us, can change this opinion.

He may be wrong unintentionally, or his opinion is just different from ours, and maybe he's just saying presleduya some of his selfish goals, truth, we will never know

[TomArayaSlaya]

How is Microsoft and Xbox striving for him and what expertise those he have on cryptocurrencies to make those decision I think his opinions are his to make and am sure it might not imply to everyone out there so follow your instincts and make sure to gauge your research and handle risk apetite

[poptok1]

He also said that internet never going to be a big deal... it was in 1994 I guess, he said something along those lines;
there is no commercial potential for the Internet, well yeah... he was wrong xD
I'm ignoring those so called gurus, for quite some time now, they are usually full of crap and have hidden agendas.
Better to stick to your own intuition and experience,  this way you can only blame yourself if something goes wrong.

[criptAndroya]

that's it, in the 90s too many people didn’t believe that the Internet would bring any benefit, then the sites and fabulous profits on low-profile sites went, now in order to get profit from the site, you need a lot of investments and the work of big pros in this business. it will be the same with cryptocurrency.

[renault18turbo]

What if he says that crypto is the devil thing, but in fact he is speculating for buying it at cheap prices?

[timmmers]

Who bumped this 1 year old thread?  
There are many big names that are not crypto positive: Bill Gates, J Morgan, Warren Buffet, Dr.Doom, but forget about them, they missed the opportunity thats why they are not positive  .

[daarul50]

I don't wonder if Bill Gates said that cryptocurrency is a bad thing because Bill Gates is one of the leading people in the world who hates cryptocurrency very differently when we hear positive opinions about crypro from people who support and trust crypto like McAfee.

[isen]

Bill Gates is a media personality, which means it always picks up words. I am pleased with the fact that even such titans as he is talking about cryptocurrency, no matter in what manner.

[mrdeposit]

Bill Gates expressed his opinion and raised a wave of emotions. We are at a new stage in the development of Finance. And many rich people are afraid of it. Most of the capital will be blown away, because the amount of real money is much less than expected. In the crypt, you can transfer real money, loans will be issued only with real money. So you can guess why now such a situation...

It will be more interesting to see gates was not trying to blame crypto. Remember what happen with jamie dimon and he was always blaming it and then JPmorgan interested to created its own crypto and that's a big shame. but we are talking about bill gate's statement ad it's not about the purpose of crypto.

If I remember correctly, a branch of windows had a positive idea about cryptocurrency. Anyway, in my opinion we should not blame Bill Gate. It is just his own thought and when the time comes, everyone will obliged to use crypto.

[EducoinVietnam]

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 fact, in recent times, indeed, many representatives of the traditional business call the crypto market some kind of fraud. But I would not be surprised if they themselves regularly invest part of their money in different cryptocurrencies. They just do not usually advertise such decisions.

[Adriano2010]

Indeed i don't think he is right, maybe if he invested on crypto before last bull run then he will not say that, crypto is good to use and the price is where is and will grow more.

[Sartrute]

Bill Gates often changes his opinion on cryptocurrencies. Sometimes he praises cryptocurrencies and sometimes he criticizes them. I think Bill Gates has a bit of Bitcoins, but I don’t think that he expects Bitcoin to grow in price.

[Serve20]

Well that is own opinion and it is not a universal truth. Though he is being in the financial game for long time with big influence but that's not mean he will always get everything right. We have seen many experts before that got their predictions and hypothesis wrong

[joromz1226]

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.

Firstly, We have to think and realize that Bill gates is a tycoon businessman in the entire world. We don't know what He is thinking, and one of the factor He most thinking about is to think rich more, meaning It may have a probability one of his strategy to earn more, since He knows to himself that He has the capacity to influence others, this maybe reason. Of course once the market get down, this could be His chance to buy a huge of cryptocurrecny that has a potentials to increase its value in the future. But this is just only assessment.

[X-ray]

Bill Gates often changes his opinion on cryptocurrencies. Sometimes he praises cryptocurrencies and sometimes he criticizes them. I think Bill Gates has a bit of Bitcoins, but I don’t think that he expects Bitcoin to grow in price.

When a lot of companies and various business section will have adopted crypto and he will change his mind anytime. I don't even care about someone that tried created Bad opinion to the crypto itself. Dude we can see that about how bad market was growing time to the time.

[letyouearn]

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.

Damn, terrorism as they are showing it to us is a myth. This looks strange if Bill speaking about this seriously. Or he is just playing his role and saying what they want him to say...