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Author Topic: Bill gates says cryptocurrency is bad  (Read 148375 times)
kodtycoon
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February 17, 2019, 08:07:04 PM
 #1141

who cares. there are good saying and negative sayings for crypto market. it was always like this. but it is obvious that blockchain technology and cryptocurrencies have a great future.
in our opinion the word has no effect, for new investors starting in this business are very affected and they must think more advanced than before that. the crypto civilization is better each year a very clear situation already exists in the market as strong evidence convincing investors

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February 17, 2019, 08:27:13 PM
 #1142

There was a research on how much money is laundered through cryptocurrencies and it was said that the percentage is very small. I don't fully agree that anonymity is bad.
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February 17, 2019, 08:33:38 PM
 #1143

That's good, when such persons like Bill, talk about crypto. At the same time, it doesn’t matter what he says, our sphere is still evolving.
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February 17, 2019, 08:50:33 PM
 #1144

I think this all theater for us with you. I'm sure he holds a lot of bitcoins and buys them at a very low price now. Because he knows that there will be a phase of growth and the price will be much higher.

Why do you think so? He is one of the richest billionaires today, buying Bitcoin to make money I think is impossible for him, when he is focusing on supporting poor and developing countries
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February 17, 2019, 09:22:42 PM
 #1145

That's good, when such persons like Bill, talk about crypto. At the same time, it doesn’t matter what he says, our sphere is still evolving.

Yes, no matter what he says, and so strange that he says so. When his company has a lot of partnerships with multi-projects. It seems to me that he does not want ordinary people to own a part of these projects, therefore he makes such statements!  Cool

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February 17, 2019, 10:08:07 PM
 #1146

In my opinion, the crypto-money technology is not bad, but the crypto world feels the need to develop. The daily use of crypto money technology continues to increase. We will see promising developments by the end of 2019. It also has new projects on Microsoft blockchain technology. Bill Gates will see if he lives enough that he is wrong.
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February 17, 2019, 10:51:32 PM
 #1147

I don't think you should listen to him. He is undoubtedly a clever man, but manipulation has not been canceled.

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February 17, 2019, 11:46:31 PM
 #1148


Bill gates could change his mind like Jamie Dimon did and launched the JP coin. Many blockchain experts already working for Google so I would not be surprised anymore if that happens.

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February 18, 2019, 05:39:18 AM
 #1149

IN Malta they are working hard to regulate the cryptocurrencies, we have had the opportunity to participate in the Blockchain summit of November 2018. There will be solutions to all this.
It is right that the projects are developed with seriousness. It is very expensive to regulate a cryptocurrency, but this can be financed in the pre-sale of a cryptocurrency or an ico.
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February 18, 2019, 06:33:54 AM
 #1150

There are many popular persons or big foundations have said many bad things about this market but behind that, they are buying Bitcoins with a big quantity

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February 18, 2019, 06:41:02 AM
 #1151

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.
He is half right while all this looks like a big deception of many investors and it gets worse every year, but it’s worth changing the mechanism and development vector and he will be surprised.

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February 18, 2019, 07:16:06 AM
 #1152

Everyone has his own opinion and chooses what he likes, based on some knowledge or experience. In this case, he does not like anonymity. I disagree with that. Now all our operations are monitored by state services. Cryptocurrency allows us to be anonymous and I like it
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February 18, 2019, 07:27:56 AM
 #1153

Who is Bill Gates?does he helped cryptocurrency ever since?is he the one who can tell the investors what to do?lol we are different area from what that stupid known in life so he has no rights in everything that discusses crypto and if there’s bad in here?that is his word towards our community
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February 18, 2019, 08:44:24 AM
 #1154

Who is Bill Gates?does he helped cryptocurrency ever since?is he the one who can tell the investors what to do?lol we are different area from what that stupid known in life so he has no rights in everything that discusses crypto and if there’s bad in here?that is his word towards our community
I think it's just the opinion of outsiders, do not to be angry about someone's opinion. yeah even though the effect of they words is certainly quite large. but you're right, he's not credible about crypto, the domain of Microsoft and blockchain or crypto is different, so he shouldn't say that, if he doesn't know
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February 18, 2019, 09:28:15 AM
 #1155

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 don't know what's in the mind of Bill gates. Always remember that He is one of the tycoon businessman in the world.
He may said it because it is one of His strategy to get more profit, since He knew that He has a capability to convince others, so once the market get down or dump, He can have a chance to buy a huge of it. This is only for my opinion because He is a businessman.
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February 18, 2019, 10:16:25 AM
 #1156

Who is Bill Gates?does he helped cryptocurrency ever since?is he the one who can tell the investors what to do?lol we are different area from what that stupid known in life so he has no rights in everything that discusses crypto and if there’s bad in here?that is his word towards our community
There are different forms of stakeholders. Some are more concerned about fiat, because they have stake in it and on the other way, some about digital currency, such as cryptocurrency. Well, no one knows the agenda of Bill Gate as regards this view or opinion of hs. I will not be surprised if he is looking for ways in which he can buy bitcoin most especially at a very cheap price and later sell high, by coming up to support again. Also, his mission can be somewhat different, so i am just assuming.
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February 18, 2019, 10:21:31 AM
 #1157

I think there are different opinions of known people about cryptocurrency. If someone says it is bad well then it is by her own understanding, remember it is not just one people whom you listens, because there are also some who says cryptocurrency is good that is more influencial than bill gates. I think we just should respect each other's opinion.
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February 18, 2019, 10:30:59 AM
 #1158

If I can remember correctly, the CEO is JP Morgan also said the same thing when he didn't know the technology behind it but now that he has done a deeper search, he is now a believer. There is also a rumour that Facebook is developing something similar
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February 18, 2019, 10:32:35 AM
 #1159

To be honest, it is quite disappointing to heard this kind of thing from a man who has contributed so much to the advancement of technology, now he has seen an advanced technology and the product built on it is bad? His opinion doesn't matter to me though.

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February 18, 2019, 12:45:54 PM
 #1160

Who is Bill Gates?does he helped cryptocurrency ever since?is he the one who can tell the investors what to do?lol we are different area from what that stupid known in life so he has no rights in everything that discusses crypto and if there’s bad in here?that is his word towards our community
There are different forms of stakeholders. Some are more concerned about fiat, because they have stake in it and on the other way, some about digital currency, such as cryptocurrency. Well, no one knows the agenda of Bill Gate as regards this view or opinion of hs. I will not be surprised if he is looking for ways in which he can buy bitcoin most especially at a very cheap price and later sell high, by coming up to support again. Also, his mission can be somewhat different, so i am just assuming.
In a way maybe you’re right as most of the whales are creating Fud and misinformation just to bring the prices drops and they will take this opportunity to purchase from more cheaper value

And Bill Gates being computer expert?i think he knows the innermost idea of how to profit in this popular virtual money
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