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Author Topic: Cryptocurrency kills people  (Read 1691 times)
jerick06
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February 28, 2018, 12:09:59 PM
Merited by paxmao (1)
 #1

Ive read an article about Bill Gates saying that cryptocurrencies kills people. He explained that crypto provokes people to hide thier financial transactions from the government, and revolutionizing terrorism, financial crime etc. Some people use crypto to buy drugs, bombs, guns that are use for drug dealing and terrorism that kills people 'in a fairly direct way'

I think Gates is somehow right about this. But i think it depends on the people who are using cryptocurrency, if they will use it in a good way or in a bad way. What do you think?

Link: https://www.google.com.ph/search?source=hp&ei=MJaWWv70CoH-8QXDvLO4Bg&q=cryptocurrency#scso=uid_PpaWWoLdHISa0gTusbDYDg_9:117

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February 28, 2018, 12:15:09 PM
 #2

You should base your reasoning on some proof. Lind to the article please.

Accepting that that was said by Gates it would be a silly article because the same could be applied to $ and nobody is saying that US dollars kill people.
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February 28, 2018, 12:17:38 PM
 #3

He has a point because cryptocurrency with the current setting could easily be an avenue of hiding fund that could fuel all these bad vices. However, I believe you don't throw away the baby with the bad water. It is high time the government step in and have a measure of control without stopping the freedom we currently enjoy in the world of cryptocurrency.  

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February 28, 2018, 12:21:22 PM
Merited by BitcoinHodler (1), mjglqw (1)
 #4

Hammers kill people.
Baseball bats kill people.

Quite a few things kill people.

So Bill Gates is correct if he said  cryptocurrency can be used to kill people.

Diamonds kill people
Oil kills people
Coal kills people
Gasoline kills people

Diesel fuel kills people ----------  Look what Volkswagen did  set up  the cars pc to cheat on pollution  sending out 100x the pollution  how many people died from this?

And btw they used pc's  so Mr Gates  Software kills people.  

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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February 28, 2018, 12:22:39 PM
 #5

Many people are using BTC as a currency in their own way and we can't hide the fact that it is also being used in numerous bad ways. Anyone can do whatever they want to do with it. But, it is also a huge misunderstanding that it can only be applied to cryptocurrencies. These things (different type of usage of it) can also be applied to any fiat that exists around the globe. The article that you sited is so biased and literally reeks of FUD.  Roll Eyes

 
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February 28, 2018, 12:24:33 PM
 #6

Ive read an article about Bill Gates saying that cryptocurrencies kills people. He explained that crypto provokes people to hide thier financial transactions from the government, and revolutionizing terrorism, financial crime etc. Some people use crypto to buy drugs, bombs, guns that are use for drug dealing and terrorism that kills people 'in a fairly direct way'

I think Gates is somehow right about this. But i think it depends on the people who are using cryptocurrency, if they will use it in a good way or in a bad way. What do you think?

Link: https://www.google.com.ph/search?source=hp&ei=MJaWWv70CoH-8QXDvLO4Bg&q=cryptocurrency#scso=uid_PpaWWoLdHISa0gTusbDYDg_9:117

He must be in the same group of idiots that think guns kill people. NO. People kill people. We are in a nutty fucking world right now. To think btc will be the reason for the rise of terrorism and drugs your sadly mistaken MR Gates.  Your beloved fiat has allowed this.  Constant printing of fiat which are untraceable has allowed this to spring up. The fact that we base a person worth on the amount of paper one owns has caused this. I could go on and on. Maybe it’s time you take a step back from your bs and see what’s really going on in the world Bill Gates!  Get a grip!

As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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February 28, 2018, 12:25:02 PM
 #7

Stop being such a sheep, grow your own mind.
More fiat goes in to these things per 1 year than crypto has produced in it's whole existence.

Also BTC is not anonymous, bill gates is dribbling garbage.. I've lost all respect for this guy due to the mess he's made in India and Africa

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February 28, 2018, 12:25:32 PM
 #8

Hammers kill people.
Baseball bats kill people.

Quite a few things kill people.

So Bill Gates is correct if he said  cryptocurrency can be used to kill people.

Diamonds kill people
Oil kills people
Coal kills people
Gasoline kills people

Diesel fuel kills people ----------  Look what Volkswagen did  set up  the cars pc to cheat on pollution  sending out 100x the pollution  how many people died from this?

And btw they used pc's  so Mr Gates  Software kills people.  

Hahaha. This^

As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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February 28, 2018, 12:26:59 PM
 #9

I was really surprised and disappointed on how hypocritical Bill Gate's statement was.


"Bitcoin kills people". Is he pretty much saying that bitcoin and or other cryptocurrencies like Monero is the only currency for buying drugs and other illegal items/products? If that's the case then the US dollar also kills people; "kill" would probably an understatement, probably massacre or genocide would fit better. It's the "Guns kill people" fiasco again. I expect statements like these from old, technologically illiterate people; definitely not from a huge name on the technology industry.

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February 28, 2018, 12:29:11 PM
 #10

Ive read an article about Bill Gates saying that cryptocurrencies kills people. He explained that crypto provokes people to hide thier financial transactions from the government, and revolutionizing terrorism, financial crime etc. Some people use crypto to buy drugs, bombs, guns that are use for drug dealing and terrorism that kills people 'in a fairly direct way'

I think Gates is somehow right about this. But i think it depends on the people who are using cryptocurrency, if they will use it in a good way or in a bad way. What do you think?

Link: https://www.google.com.ph/search?source=hp&ei=MJaWWv70CoH-8QXDvLO4Bg&q=cryptocurrency#scso=uid_PpaWWoLdHISa0gTusbDYDg_9:117

Bill Gates might have some point in what he says but is he gonna pay for our daily needs if in any case we depart from cryptocurrency? He is killing the cryptocurrency because he know he will have little profit if many people will get rich and buy on other software other than microsoft. He is afraid that people will get rich in just a matter of time unlike the time when become what he is right now where he has to do hard work to achieve his riches. Dont get caught in this FUD and stop doing crypto because you will regret in your whole life that you did not get into cryptocurrency.

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February 28, 2018, 12:30:03 PM
 #11

To some degree, Bill Gates is right, but you shouldn't blame the technology for people misusing it. Good technology is always abused and turned destructive, e.g. Nuclear fission was used to create nuclear bombs, now it is used in nuclear power plants to generate energy. Don't condemn the technology, condemn the people.

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February 28, 2018, 12:32:49 PM
 #12

I was really surprised and disappointed on how hypocritical Bill Gate's statement was.


"Bitcoin kills people". Is he pretty much saying that bitcoin and or other cryptocurrencies like Monero is the only currency for buying drugs and other illegal items/products? If that's the case then the US dollar also kills people; "kill" would probably an understatement, probably massacre or genocide would fit better. It's the "Guns kill people" fiasco again. I expect statements like these from old, technologically illiterate people; definitely not from a huge name on the technology industry.

Yes how is it that a man that supposedly created Dos doesn’t value logic.  This baffles me.   Shame. Sorry my bad. I thought he invented dos. With a little research. He merely bought it for 50k and turn around and sold it to ibm. Meh

His wealth came through the founding of Microsoft, the company he started with Paul Allen in 1975. Although Microsoft is synonymous with the rise of personal computers, Bill Gates and Paul Allen did not invent personal computers; they found ways to improve existing systems.

So basically what we have done is what bill did.  We have improved on an existing system. Much of what he did to acquire his wealth. So yea he gonna shit on our parade as much as possible.  Sad guy

BR

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February 28, 2018, 12:34:09 PM
 #13

Yes I have seen that article, it is featured on coindesk too. Immediately he was responded and I fully agree with those responses, that crypto kills people as much as cash does, and in all Gates' accustation you could replace crypto with cash and they would remain true.

Gates probably has his own agenda and he sais things that he sais just to get to his own goals.

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February 28, 2018, 12:39:17 PM
 #14

I have slightly different opinion in this matter, I believe that there should be some form of efforts from the government's side to make sure that cryptocurrencies are used in a right manner within the country, I agree that we see bloodbath in the crypto market regularly but again, it is all about risk factor of the trader, if he is not comfortable with it then he should not get in to it, it doesn't make any sense to blame water if you don't know how to swim.
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February 28, 2018, 12:39:43 PM
 #15

Hammers kill people.
Baseball bats kill people.

Quite a few things kill people.

So Bill Gates is correct if he said  cryptocurrency can be used to kill people.

Diamonds kill people
Oil kills people
Coal kills people
Gasoline kills people

Diesel fuel kills people ----------  Look what Volkswagen did  set up  the cars pc to cheat on pollution  sending out 100x the pollution  how many people died from this?

And btw they used pc's  so Mr Gates  Software kills people.  

Very nice opinion there mate,so sad i don't have merit to send but your statement is quite unique than others props for you.
Yes anything can kill people and gates statement is quite normal and we should not make it a big deal.Like what this guy said there are people that's been killed by gates software so he shouldn't say something that makes  a relevance to his creation.Bitcoin is an amazing creation the people that using it is the one that should be blamed not bitcoin itself.
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February 28, 2018, 12:40:18 PM
 #16

Ive read an article about Bill Gates saying that cryptocurrencies kills people. He explained that crypto provokes people to hide thier financial transactions from the government, and revolutionizing terrorism, financial crime etc. Some people use crypto to buy drugs, bombs, guns that are use for drug dealing and terrorism that kills people 'in a fairly direct way'

I think Gates is somehow right about this. But i think it depends on the people who are using cryptocurrency, if they will use it in a good way or in a bad way. What do you think?

Link: https://www.google.com.ph/search?source=hp&ei=MJaWWv70CoH-8QXDvLO4Bg&q=cryptocurrency#scso=uid_PpaWWoLdHISa0gTusbDYDg_9:117

gates is not wrong actually, some people indeed do that

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February 28, 2018, 12:40:29 PM
 #17

Cryptocurrency is just a tool. It's neutral. It's just bits and bytes on the interwebs.

It's less likely to be used for bad actions than cash, because the blockchain is public and traceable, unlike cash.

 
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February 28, 2018, 12:47:43 PM
 #18

Yes crypto currency is used by criminals. knifes kill people. Drinking too much water kills you. There are many things that can be used to kill people but how bad is the issue and is it enough of a problem to bad the thing being used to kill. Far more drugs have been bought with cash and through bank transfer than bitcoin since its arrival.
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February 28, 2018, 12:48:31 PM
 #19

It is not the object that can kill a person. Cryptocurrency can really be used but it does not literally kills a person. Either FIAT etc. Anything can be used to kill a person. So basically in the end it still boils down to People kill people.  Make sense?

What we should fair is the lost of humanity and not crypto currency.

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February 28, 2018, 12:49:17 PM
 #20

Although rigorous management processes will be put in place, a thorough understanding of a virtual type before investment is still required. For example, try to not fall into the command line is hiding in the market.
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