Bill gates says cryptocurrency is bad

[htsz_da12]

The value of encryption has not yet been shown, and it may now behave like a bubble. But in the long run the value of encryption will be felt.

[nick.cao]

it is impossible not to listen to the opinion of such an experienced person.he is absolutely right in some part of this statement but in my opinion still the government is powerful and they can quickly solve the problem

[waterproof]

I think Bill Gates is right, from his perspective and position as an influential person in the established society.
But I believe that there is a need for cryptocurrencies to be anonymous as well as to be non-anonymous (transparent).
There will be a need for cryptos to have full information about the users and their value transfer and wealth but there are also need for anonymous coins. We need a world where people can still remain private if they choose to

[youngsoft]

All things considered, at the time likewise discussed PCs. I don't surmise that Bill Gates is correct, digital money can take care of numerous issues that have cash that are utilized everywhere throughout the world.

[gitotedjo]

Everyone is free to express opinions, be they constructive opinions or criticisms. Some people have proven and said that they have thanked the world for the presence of cryptocurrency that has saved their economies.
But there are some opposing and denying parties with the presence of crypto in the neighborhood, whether it's because of the bad experience he has experienced in crypto, or because they do not open up space to get to know crypto any further.

[basdjbzj8888]

I think he is wrong,cryptocurrencies are very good and lots of people in the world have already realized this.This is a pretty quick way to become rich.Just buy some crypto and hold it for a year or two.That's it.

[patimahsunda]

I think bill gates has its own view of bitcoin. So we do not have to worry about that. Naturally if there are people who do not like bitcoin or contradictory. Now go back to yourself, whether you want to continue for bitcoin or not. That's me I think.

[daly896]

Bill Gates is too old for crypto like Buffett . But probably he aims to dump all crypto market in order to buy coins lower...
Such big guys like Gates, Soros, Buffett can influence on majority of people

[carcas]

that's the weakness of crypto. widely used as terrorist financing and tax evasion. it makes bad news about crypto and rejection in every country. hopefully crypto recovered due to bad news this year.

[ice_man75]

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.

Says the person who is one of the richest person in the world. Now that cryptocurrency has the ability to provide bank like services at the palm of your hand to those that don't have access to it, he deems it a bad thing?

[vietanh991004]

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.

[win365]

He's just a human he is regular as you and me but his words can affect the price because people would look on him and say, yes! If really cryptocurrency is bad.

[BigTimeProducer]

It seems to me that the opinion of Bill Gates does not play any role. We need to look at the future of the next few years at least. Investment-process- is a long term)

[kworrom]

Strange statement, because he always supported the ideas of modern technologies and the improvement of the world's economy. And on the other hand he is a very intelligent and respected person, maybe he is right)

[wheilcristinna]

So before blockchain there was NO money laundering or support for terrorism or any other things.
Time will show, one day Bill can make coin himself.

[BanishedDemon]

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.

So, the entirety bill Gates stated is genuine of cryptocurrency is actual of diamonds, but already a thousandfold and for lots a long time. And let’s bear in mind also that bill Gates is a clever man, but his 1995 autobiography, the road in advance, which specially targeted at the destiny, simplest had a few paragraphs point out of the internet.

[kalincoolcute]

Bill gates comments about crypto currency is his own opinion, everybody has his or her own opinion, So Bill gates saying cryptos is bad doesn't make it to be bad, after all they have partnered with some blockchain project.

[InfiniteGrim]

everything depends on the government of different countries. they can make cryptocurrency popular among ordinary people. if everything develops and it is legalized in all countries, it will become an alternative to cash. and then no one to talk about anonymity and a threat to the world.

[gegewojinnian18]

Bill gates comments about crypto currency is his own opinion, everybody has his or her own opinion, So Bill gates saying cryptos is bad doesn't make it to be bad, after all they have partnered with some blockchain project.

In agreement with your point of view, Bill Gates's words only represent his personal point of view. Each of us has our own ideas, not necessarily the same as Bill Gates's ideas, depending on your understanding of the future of cryptocurrencies.

[cctv0]

I do not agree with Bill Gates. I think this is a public figure and must speak on the team. What I mean is that I will say that too, but in fact cryptocurrency is the future.