Bitcoin Forum
June 16, 2024, 09:59:19 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 [20] 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 »
  Print  
Author Topic: Bill gates says cryptocurrency is bad  (Read 148397 times)
Wiliam heil
Newbie
*
Offline Offline

Activity: 70
Merit: 0


View Profile
May 15, 2018, 12:40:04 AM
 #381

He looses if he declares himself against cryptocurrency because crypto is the future of the finances.
a23sd12122121
Newbie
*
Offline Offline

Activity: 84
Merit: 0


View Profile
May 15, 2018, 07:30:04 AM
 #382

Bill Gates like many other "BIG" names probably don't know very well the entire crypto world...  main feature is not privacy but the what the decentralization with blockchain can revolutionize many sectors and activity
rextoinsem
Newbie
*
Offline Offline

Activity: 210
Merit: 0


View Profile
May 15, 2018, 07:35:39 AM
 #383

In this situation, most likely, he simply does not see the value in the cryptocurrency as an effective stable unit of labor. Therefore, it speaks about the anonymity of cryptocurrencies as a threat. Nowadays, large banks can arrange anonymity not worse than any cryptocurrency for respectable clients.
^BuTcH^
Full Member
***
Offline Offline

Activity: 671
Merit: 103


Moni


View Profile WWW
May 15, 2018, 07:36:46 AM
 #384

It seems that Bill Gates is a FUDer and I won't be surprised if he create internal crypto for Microsoft after certain period of time like Facebook promised to create.
These double standards pisses me off

adsduozn188
Newbie
*
Offline Offline

Activity: 79
Merit: 0


View Profile
May 15, 2018, 07:37:46 AM
 #385

I have feeling that Bill and banks are afraid anonymity
Turkish88
Full Member
***
Offline Offline

Activity: 714
Merit: 104



View Profile
May 15, 2018, 07:40:18 AM
 #386

Maybe Bill late to buy cryptos and now their position is that.
I dont read their opinion point, what exactly hes dont like in cryptos

Help to Ukrainian citizens
ETH donations adress - 0xe23CB47AC32F0b8750d4D0Dd4e160Fa6F8fF30EF
carriebee
Sr. Member
****
Offline Offline

Activity: 1148
Merit: 251


View Profile
May 15, 2018, 09:07:54 AM
 #387

Everyone of us has it's own opinions about cryptocurrency. Making this statement does'nt convince that cryptocurrency makes a good thing to people. Once he sees cryptocurrency benefited him maybe he will develop new platform who knows he might involve in crypto soonest.
airdropcoin
Member
**
Offline Offline

Activity: 442
Merit: 10


View Profile
May 15, 2018, 09:20:11 AM
 #388

In fact, such an argument is indeed correct. The circulation of cryptocurrency will certainly produce many different problems. Illegal crimes are inevitable. In fact, the cryptocurrency wants to develop healthily, but it also needs government supervision to achieve

Adunni6758
Jr. Member
*
Offline Offline

Activity: 420
Merit: 1


View Profile
May 15, 2018, 09:28:35 AM
 #389

Well, everyone is entitled to his or her own opinion. Cryptocurrency to me is a good technological development, depending on how you use it. My advise most times to those who are into crypto, most especially the newbies, is for them not to be gullible. Do not because of the fast and big profit you intend accruing, now decide to put all that you have into crypto. Also, this technology has its own applications and very soon we will start seeing the positive effect of crypto on our lives.
otundebis
Full Member
***
Offline Offline

Activity: 630
Merit: 100



View Profile
May 15, 2018, 09:31:55 AM
 #390

If any of us were Bill,  we would have said the same thing.  If you are one of the few beneficiary of defective and secretive system that benefit only the few and leave the rest of the population high and dry,  you would think twice before you  attack anything that can put you out of business!

kokotao177
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile
May 15, 2018, 02:12:00 PM
 #391

Bill Gates is a wrinkled old prune these days, he had his multiple decades in the spotlight from 1980 through 2000s and was a huge authority on computer software, but I have no interest in what he has to say these days especially on the topics of finance and investment.
bitcoinvestor
Hero Member
*****
Offline Offline

Activity: 812
Merit: 501


View Profile
May 15, 2018, 02:19:15 PM
 #392

Everyone can give opinions. SHould we follow his opinion? I don;t think so. More people say cryptocrency is bad. In fact, they don't get in touch deeply in cryptocurrency. DO the community stop of die because of the FUD? No, previous persons had spoken up the same thing, like Jamie Dimon. Would you leave cryptocurrency because fo bill gates? Bill gates has reached his wealth say crypto is bad. And you is your choice.
gelinshidong
Member
**
Offline Offline

Activity: 459
Merit: 10


View Profile
May 15, 2018, 02:21:47 PM
 #393

Bill Gates is an undisputed giant in the IT industry, but I don't think he really understands cryptocurrencies. He even opposed cryptocurrencies in order to safeguard the interests of Microsoft Corporation.
BitcoinTurk
Hero Member
*****
Offline Offline

Activity: 1652
Merit: 629


View Profile
May 15, 2018, 02:26:32 PM
 #394

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.


We Turks have a proverb: The tree that gives fruit is stoned.

This is precisely the case. Why does not he like it, sir? Is it a problem for other people to be rich except for hers? Or is the fear that a sector could become a new opponent? I think all this is what you say, unless you have a clear answer to all these questions. That's why no matter who you say, do not believe any of your friends.
zimmah
Legendary
*
Offline Offline

Activity: 1106
Merit: 1005



View Profile
May 16, 2018, 06:10:33 AM
 #395

I don't consider surprising that the owner of a large corporation is against crypto-currency. I think Bill fears that blockchain technologies can take a significant share of Microsoft. Arguments about the fact that weapons and drugs can be bought for the crypto currency are in general meaningless. Previously, they were bought for fiat currency. 

It turns out, the fiat money is also bad one?   Smiley
fromnicetoevil
Newbie
*
Offline Offline

Activity: 89
Merit: 0


View Profile
May 16, 2018, 09:42:48 AM
 #396

Everything that Bill Gates is outlining that makes crypto bad does not really make any sense, seeing as criminals don't need crytpocurrencies to help them buy and move illegal goods. They have been doing that just fine for year using fiat, so saying that crypto is bad because of anonymity and it being used by criminals is off.
vancong077
Newbie
*
Offline Offline

Activity: 35
Merit: 0


View Profile
May 16, 2018, 03:15:51 PM
 #397

Perhaps in some ways Bill Gates is right,but most of us are engaged in cryptocurrency,because it can make a profit.And for me this is the main fact,I can make a profit without breaking the law.
CoinCollect
Sr. Member
****
Offline Offline

Activity: 770
Merit: 250



View Profile
May 16, 2018, 10:01:59 PM
 #398

Well, at the time also talked about computers. I do not think that Bill Gates is right, cryptocurrency is able to solve many problems that have money that are used all over the world.
hastag_80
Member
**
Offline Offline

Activity: 392
Merit: 11

The New Pharma-Centric Marketplace


View Profile
May 16, 2018, 10:09:57 PM
 #399

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.


Actually billgates is most honor and respective billionare in terms of bussiness,and i respect his speculation about cryptocurrency,but being said that cryptocurrency investment is bad,maybe in that  things he is mistaken,because in my own  opinion he is selfish,he only protecting his own bussiness that  could not been diminish  by the popularization of cryptocurrency and  he afraid that  because of digital currency investment his some other investment would been affected of rising the cryptocurrency system.

Trade Pharma Network     │  New Pharma-Centric Marketplace
[   PRIVATE SALE   ]      │      WHITEPAPER
Linkedin        ⚫ Facebook        ⚫ Twitter        ⚫ Telegram
thamvii111
Newbie
*
Offline Offline

Activity: 66
Merit: 0


View Profile
May 17, 2018, 07:43:18 AM
 #400

Bill gates became rich through invention so even though he is the world richest man he maybe lacking knowledge in areas like cryptocurrency. Besides being the richest man do not make you an epitome of knowledge.Those who acquire their wealth through investment know the power of block chain.Besides that is his personal opinion. Smiley Smiley Smiley
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 [20] 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!