Bill gates says cryptocurrency is bad

[thocon456]

Every thing is life has its pros and cons. If they say crypto currency is bad because it is used by criminal, money laundry and for drugs they are not wrong in saying that for some use it for that purpose . Fiat currencies are used by some people for the same bad things

[sanemquendanma]

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.

[asdkzxn199]

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.

[camillesalazar00]

Funny how people write off the opinion of one of the richest and most successful guys over the last few decades.

[nairb131]

Seems like Bill Gates is a bit out of touch with the use case of most coins and tokens. In a way he's right that there's not much legitimate use at the moment besides hoping for price increase. But soon the tokens will begin to play a role in many people's life and we will see broad adoption.

I agree with you on this and I believe it is a free world and everybody can predict or say what they like or how they feel about a particular thing but I know that someday, crypto will become very stable and have so many use, it will be use for exchange of goods and services and become accepted globally.

[STI_2M]

I think Bill Gates is wrong. Although it's not for me to judge whether it's good or bad. But the blockchain technology itself is very good. It shows the transparency and honesty of actions of the company or a particular person. There are many areas of application of this technology. And since Bill is a philanthropist, I would advise him to draft a Humancoin project for example. To show people where and how his billion-dollar donations are allocated.
Once again, as an example

[Cryptomania098]

You never really understand what's in their head when they say so.In my opinion, it is not profitable for them that the crypto currency quickly become popular.They have very large assets in traditional markets, they will lose a lot if investors begin to partially switch to the crypto currency.

[CoinCollect]

I think that he is right, but it all depends on the purposes for which to use cryptocurrency. They can be used for the benefit of people and to the detriment of people, and they are no different from ordinary money.

[btcefeyigit399]

bad criticism of the big names of the technology world is affecting the market of crypto currencies. Bill Gates is one of them. I hope this bad news turns positive in time.

[Bezobraznike]

Funny how people write off the opinion of one of the richest and most successful guys over the last few decades.

   Funny part is that this rich and successful person forgot what rich and
successful persons said about his product when he was young and without
money. He had idea, passion to fight for it. Rich and successful persons
were saying how he will fail, but he succeeded, he forgot his beginnings and
that's the most funny fact off them all. He is just jealous cause he didn't discovered
it first.

[Uncertaintea]

At thhis point, who really cres what Bill has toay about crypto, the guy is a respectabe figure but at time shis opinion only belongs to him, No vereything works fr everyone, if crypto doent work for hi, we;ll and good

[hiburak]

Bill Gates supports blockchain as a technology, but not cryptocurrencies. Cryptocurrencies create an alternative economy in which people like Bill Gates dislike. That doesn't mean that he is against to tokenized economy and new innovative projects which utilitize blockchain.

[JCLee]

Those who are not directly involved in the cryptocurrency market but just look at exchange rates with news from the media will always find this market to be a bubble, not good in the future. But I still believe that the future of cryptocurrency will be very bright, it will replace cash to become the most popular and used currency in the world in the next 20 years.

[manyung]

everyone has their own opinions, and indeed there are so many great people who say that cryptocurrency is a bad thing, especially big businessmen, but in fact, until now cryptocurrency is not dead yet, and still can continue to grow

[paul gatt]

Frankly speaking, electronic money is both good and bad. People who know how to invest in it and know how to make money from e-currencies are good. And those who do not know about bitcoin, no investment or because of the profit to spend money without careful study losses, it will become bad.

[lieutkcb]

Every people can say anything and we know they have a good business with high profits.
If you think cryptocurrency is a good business so don't worry about opinions the other peoples.

[Russlenat]

People can have its own idea on how cryptos affect in our lives but words from famous person can be so alarming and it can confuse to us and it can also affect the value of crypto.

[covfefe_]

Everything has their good and their bad.
Anonymity is a two way sword for cryptocurrency.
It would let illegal and black market to operate easily but it also saves users privacy and freedom of choice.
The government should rather focus on the production and trading of such illegal product and services rather than the payment system.

[Old God]

the guy who stoled someone else's idea and build his own business biggest in the world, who selling books about business, broke the college,  but dont tell us that he has a influential family, so it was matter for his raise? His business is like a big monopoly without a choice for a regular user. Even monsanto, google it and u will confuse about him, he is not an angel like he tries to be for us, so his opinion about ICO for me is noffing

[Serangany]

I don't think so, Bill Gates was very positive about crypto-currencies, he was just for bitcoin to develop