Bill gates says cryptocurrency is bad

[matthewtherry]

Bill Gates looses if he declares himself against cryptocurrency because crypto is the future of the finances.

[wo_ki]

I say that Windows is bad. It is just opinion of one person(very rich person) but so mane people say something good or bad about crypto. And we all know that bitcoin will reach 1 000 000 or mcaffee will eat his dick

[crystalworld]

Bill Gates, govt and stock brokers knows that the control of money and power is gradually leaving there hands. So they we do anything, say most things to fight it.

[removebeforeflight]

I think Bill Gates is not have sufficient knowledge about block chain technology rather than his own Microsoft corporation. Think he need to register in this forum and read some basics with gathering knowledge about crypto before he let any word about it.

Block chain technology capture all the transactions and it would be stored for ever, it can be tracked or traced for reference or to find which, when and how much received and paid cryptocurrency.

Don't take this guy's comments about crypto since he doesn't have even basic knowledge about block chain and crypto market.

[ZixCoin]

Without crypto, tax evasion, money laundering and etc will still go on. It is not about the coins or channels, it is the people.

[Melnikof]

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 have no reasons to disagree with Bill Gates - CryptoCoins are used, using, and will use for crimes too, but don't you really think that fiat money dont used for crimes, or something? It's funny to think like that

[btcefeyigit39]

Bill gates, such as technology leading people saying such things negatively affects the market. I will join this pussy for short time.

[rammanbl4]

People have different mindsets. Everything has good and bad side. What we have to do is, see the its good side. However, legal actions are needed to avoid bad things.

[btcCoincart]

It's bad because USD then will be replaced by USDT, and government can't control their money by their way anymore!
However, the world change everyday! So it's worth to try 

[yuukireit]

yeah he is worry about the illegal thing what people can got when interact with bitcoin
and it seems he does'nt intresting to support bitcoin development
or he just don't want to make market more higher when he joining in

[Nivelir]

As far as I know, Bill Gates was very positive about crypto-currencies, I even saw a few videos on this topic, it seems to me that the author of this branch did not correctly understand what Bill Gates meant, he was just for bitcoin to develop.

[BigDig]

Do not you think that such a close-knit criticism of crypto-currency from digital whales seems strange? It seems that they are pursuing some hidden interest in this area. And may be Bill Gates is just blatantly mistaken like with his predictions about personal computers in the late 80's

[NeedIfFindIt]

Ofcourse nobody from government don't like anonimity, but don't you think that all what crypto is use for - is illegal? Thats completely lie.

[ajaymukund]

Yes, Bill Gates has stated that bitcoin is bad and will not have a good future. I think Bill Gates was wrong when he said bitcoin was bad. Because they are bringing a lot of profits and jobs to people around the world. The unemployed can also become wealthy by virtue of their diligence. And smart people get rich by trading the altcoins.

[blackbott]

But Google, Twitter, telegram speak back. Cryptocurrency is now in the very dawn and her future. I wouldn't be surprised if old Bill launches blockchain in the future too. Where is the logic in his words? Why would he think that? Most likely because of corruption, terrorists, etc. In another way

[Mr.grin]

I think bill gates are also human beings who have other thoughts. well, everyone has a different mind, and has a principle. maybe for bill gates, cryptocurrency is bad. but for me it's pretty good, so I'll keep using it, even though he does not use it.

[Chuokie]

I went over his statement, some of them are just true but when you read them all most of it is just his own opinion and there are no basis for it, so still its not also a reason for me to give up on crypto.

[boltz]

Last time I have checked , there was an on going project at microsoft based on blockchain called Azzure if I remember well. What happend with that project ? Also there were many project involved into this mixing of projects into one.

[Reez]

Why does it matters so much what he thinks? Hes just a guy who is regretting not getting in early into bitcoin despite knowing about it. And now just trying to release his anger by talking shit about bitcoin. Also since he doesn't has any stake in the crypto world he is disappointed.

[bvg96634]

yes he is right cryptocurrency will be more used for gambling activities. government is never get money tax details. but for that reason only not decided it as cryptocurrency is not good. for that more ways are there to clear this issue.