Bill gates says cryptocurrency is bad

[dzelenyanskiy]

Bill Gates also created not an ideal Windows operating system, that did not prevent it from gaining popularity and developing in the future! He can talk about crypto-currencies anything, this will not prevent the development of technology of blockchain and popularization of crypto currencies!

[Dhruvv1]

Bill Gates explained that he thinks cryptocurrency is really bad because it aids and abets people who want to keep their financial transactions hidden from the government.

[Deulealis]

In a sense, he is absolutely right, and it seems to me that soon the rules of the market will change, and anonymity will disappear. Although this is not quite what I would like to see. But anonymity is used to trade in various non-legal items.

[ice098]

Bill Gates explained that he thinks cryptocurrency is really bad because it aids and abets people who want to keep their financial transactions hidden from the government.

For me Bill gates is quite right but crypto is not bad, i think the bad is the person who used crypto intentionally in illegal or in not good situation. They used crypto as tool for hide their true intention, like they can used it when do some illegal transactions or those who have lots of money they put their money in crypto just not to pay taxes. So its means someone is the reason why crypto have bad idea to others, we are the ones who have fault not crypto.

[kenvip2]

But the majority of the crypto community here uses crypto to dig up as much as possible by following some of the programs in the crypto.

[Magnat10000]

This industry is threat for him, that is why he tells so

[lee cooper]

This industry is threat for him, that is why he tells so

Chances are he feels competitive with his efforts with crypto lovers who are increasingly and more popular. So that it feels threatened, but what is expressed is true, and all of this also depends on the individual in its use.

[lifesgood10]

This industry is threat for him, that is why he tells so

Not only that dear, be probably has some losses after hurriedly investing in bitcoin and cannot survive the bearish moment in peace

Truth is without thorough research; investing will lead to bankruptcy
Let’s all be careful

[coook zamk]

I mean, why would he interested in here, when he already got what it needs for his own business.

[anudixit0003]

This is because in crypto, lots of possibilities that could happen. So it becomes difficult to be in prediction. And it will be difficult for our analysis.

[_BLOCKERA_]

Fraudsters are in all structures and cryptocurrency is no exception. We live in an imperfect and slightly violent world where some profit at the expense of others.

[YCryptos]

A man who has reached unprecedented heights.I think they need to learn and take an example.Having billions of dollars of capital, a person knows what he is talking about.

[CryptYeah]

Another would be one of the main monopolies of the operating system market was not against decentralization! Nothing in this amazing, really. Crypto currency will certainly not affect positively on his business - too many startups. 

[hohuan101]

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, his point of view is right. Of course, the view of a billionaire is always better than us. But I think it does not just make us disadvantage, its effect is undeniable. This is where we need to compare benefits and harms, which will determine the future of the crypto market

[Jorosss]

Every person has it's own perspective about cryptocurrency. For some it is scam and for some it is really best to involved in crypto. If a person dont know nothing in crypto the impression is not good also.

[karramov]

Weapons in the hands of bandits kills people. In the hands of a good man protects people. We can blame the air for letting bad people live. It's all just a tool.

[Vendetta666]

This industry is threat for him, that is why he tells so

Maybe because he don't have the control in crypto and he cannot mandate the people who are using this crypto currency, that is why he said that. They cannot manipulate things here.

[agnostos]

We don't know if Bill Gates is telling the truth, maybe he's just covering up and don't want the public to know that he invested in crypto because it may affect his status and industry.

[jeruk nipis]

Not only is bill gates, many more that say so. but I don't care. Because it is a lot of proof that crypto is able to bring luck and wealth quickly. We also certainly capable of getting it.

[sejhdjdt]

Well, I can't say that Bill Gates's statement is wrong. After all, Bill Gates's influence is much higher than that, but I think everyone has the idea of everyone. We can't blindly because this person has influence. I believe that to have my own opinion, I think encryption is very good, not only in the future but also very beautiful.