Bill Gates: I would put against bitcoin

[maxreish]

I think that is just envy, you know why its because bitcoin is the most   popular now all over the world than him, he not only to accept in himself that more famous now the bitcoin than him, we do not pay attention to him that is because that is old man, the elder is hard to teach.lol

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[acmakc12]

In his head, the devils are running around, maybe he already has problems with his mind, he should have calmed down long ago, and settle down in his old age .. Nowadays he can not do anything useful, though he never could, a common deceiver

[acmakc12]

"Bitcoin and ICO, I believe, I believe, these are some of the crazy, speculative things," Gates said. He added that someone once gave him bitcoins for his birthday, but he sold it in a few years.[/b]

Rolls eyes

So, he did actually take place in selling Bitcoin too. He should've given it out to charity as it was gifted him if he never believed in it. Honestly, I don't know why Gates allows himself to be tossed around by the waves concerning his stand on cryptocurrency. The other time he was silently endorsing it, now he is rebuking those hodling it. Anyway, whatever Gates strategy is, I think crypto fans should not be distracted from what they believe in.

That's it, totally agree, the ordinary billionaire who cares only about money.

[MMA]

These big people will speak negative about anything they can't have that thing in their control.

That is in fact the nature of the people and specially when they missed a good opportunity to buy bitcoin in a low price, they try their best to buy it in a low price, but i think that now the investors have become too much wise and now they are not selling their coin on the bases of such bad and false news in the  market.

[bitterguy28]

I strongly believe bitcoin stay strong as crypto currency, we should knows bill gates are the man one of the most talented and rich people using the new technology as inventor of Microsoft become he getting rich and famous around the world.

after a year bill gates interview there are no one can stop bitcoin as currency because the new technology around the world is continue to progress, and now I do not understand why bill gates now are against to the bitcoin as first digiytal crypto currency.

[genievic23]

American businessman Bill Gates again spoke out against the first crypto currency: in the Squawk Box program on CNBC, the co-founder of Microsoft called bitcoin one of the most speculative things in the world. This slightly tilted the course of the coin on Monday, May 7, but today it is still in the green zone.

"I would oppose bitcoin if there was an easy way to do this," said Bill Gates, co-founder of Microsoft Corporation in CNBC's Squawk Box, on Monday, May 7.

    "As an asset class, you do not produce anything, and so you should not expect it to rise, it's a kind of pure investment" stupid theory, "Gates said in the CNBC program" Squawk Box. "

     "Bitcoin and ICO, I believe, I believe, these are some of the crazy, speculative things," Gates said. He added that someone once gave him bitcoins for his birthday, but he sold it in a few years.

According to Gates, there is no need to count on the growth of bitcoin's value: "from the point of view of the asset class, you do not produce anything." The largest shareholder of Microsoft considers investing in this cryptonet "the theory of a bigger fool in its pure form."

She claims that money can be made by acquiring securities without regard for their quality and selling them at a profit, because there will always be a "bigger fool." Proceeding from the theory, speculative bubbles grow in this way, which burst with time and bring down the value of shares in a mass sale.

Note that earlier Gates accused the BTC of the death of people, pointing out that the coin is often used to buy drugs. In November 2014, the businessman called bitcoin "a revolutionary technology and the most innovative solution in the modern Internet payment market."

Like many critics of crypto currency, Gates acknowledged that the basic technology of blockchain has its advantages. Blocking eliminates the need for a third-party intermediary, such as a bank, to quickly create a secure, permanent report on the transaction between the two parties. Bitcoin is the first application of blocking technology, and companies are exploring ways to use technology to manage supply chains, trade and other areas.

Maybe his just unsure about bitcoin coz it is actually used in illegal way, they can't trace it. and that somehow is really a big issue too, we have all this doubts and different perspective about  bitcoin, but it is technology and it is being used all over the world, so let's just see what the future thinks.

[Kprawn]

Bill Gates wants to ride the high moral horse now, but he stole most of his ideas from Steve Jobs. {Apple}  

I think Michael Larson (Money manager} and Chief investment officer for The Gates Foundation and Bill Gates fortune,

should rather talk about financial matters, not Bill Gates.   ... Bill Gates should just stick to what he does best. {computers}

[shulio]

Yes it is very speculative and very volatile. But this does not mean that Bitcoin is rubbish.

[bitbunnny]

Bill Gates is big authority in a way but is he also expert for cryptocurrencies? This is not necessary the situation. Definetely when person like him says something this has certain impact but still we often give to such things too much attention.
To my opinion even not so positive comments said by prominent person could be promotion for Bitcoin.

[pearlsome]

It seems that two influential people found a common language.
At first, Warren E. Buffett, CEO of Berkshire Hathaway Inc. & then Bill Gates.
All major players including PayPal and Visa, who are losing a lot of money, make such kind of loud statements. I think they are cunning. But let's get down to brass tacks. Let's get right down to it, boys.
His speech was supposed to look like this.
"I hate cryptocurrency because I'm losing revenue. " That's all. You do not need to add anything else.

[dmyddtun]

Bill Gates still lives in his Internet age. He doesn't know bitcoin, but he doesn't understand block chain technology.

[carlisle1]

American businessman Bill Gates again spoke out against the first crypto currency: in the Squawk Box program on CNBC, the co-founder of Microsoft called bitcoin one of the most speculative things in the world. This slightly tilted the course of the coin on Monday, May 7, but today it is still in the green zone.

"I would oppose bitcoin if there was an easy way to do this," said Bill Gates, co-founder of Microsoft Corporation in CNBC's Squawk Box, on Monday, May 7.

    "As an asset class, you do not produce anything, and so you should not expect it to rise, it's a kind of pure investment" stupid theory, "Gates said in the CNBC program" Squawk Box. "

     "Bitcoin and ICO, I believe, I believe, these are some of the crazy, speculative things," Gates said. He added that someone once gave him bitcoins for his birthday, but he sold it in a few years.

According to Gates, there is no need to count on the growth of bitcoin's value: "from the point of view of the asset class, you do not produce anything." The largest shareholder of Microsoft considers investing in this cryptonet "the theory of a bigger fool in its pure form."

She claims that money can be made by acquiring securities without regard for their quality and selling them at a profit, because there will always be a "bigger fool." Proceeding from the theory, speculative bubbles grow in this way, which burst with time and bring down the value of shares in a mass sale.

Note that earlier Gates accused the BTC of the death of people, pointing out that the coin is often used to buy drugs. In November 2014, the businessman called bitcoin "a revolutionary technology and the most innovative solution in the modern Internet payment market."

Like many critics of crypto currency, Gates acknowledged that the basic technology of blockchain has its advantages. Blocking eliminates the need for a third-party intermediary, such as a bank, to quickly create a secure, permanent report on the transaction between the two parties. Bitcoin is the first application of blocking technology, and companies are exploring ways to use technology to manage supply chains, trade and other areas.

Who cares about this nonsense?whos that bill gates?are his word important to this community?if not then stop posting here such kind of topic that will only create negativity in this forum,that lesbian(because no word of honor,always changing out views about crypto)is an old school and still living in his pentium computer lol

[usekevin]

American businessman Bill Gates again spoke out against the first crypto currency: in the Squawk Box program on CNBC, the co-founder of Microsoft called bitcoin one of the most speculative things in the world. This slightly tilted the course of the coin on Monday, May 7, but today it is still in the green zone.

"I would oppose bitcoin if there was an easy way to do this," said Bill Gates, co-founder of Microsoft Corporation in CNBC's Squawk Box, on Monday, May 7.

    "As an asset class, you do not produce anything, and so you should not expect it to rise, it's a kind of pure investment" stupid theory, "Gates said in the CNBC program" Squawk Box. "

     "Bitcoin and ICO, I believe, I believe, these are some of the crazy, speculative things," Gates said. He added that someone once gave him bitcoins for his birthday, but he sold it in a few years.

According to Gates, there is no need to count on the growth of bitcoin's value: "from the point of view of the asset class, you do not produce anything." The largest shareholder of Microsoft considers investing in this cryptonet "the theory of a bigger fool in its pure form."

She claims that money can be made by acquiring securities without regard for their quality and selling them at a profit, because there will always be a "bigger fool." Proceeding from the theory, speculative bubbles grow in this way, which burst with time and bring down the value of shares in a mass sale.

Note that earlier Gates accused the BTC of the death of people, pointing out that the coin is often used to buy drugs. In November 2014, the businessman called bitcoin "a revolutionary technology and the most innovative solution in the modern Internet payment market."

Like many critics of crypto currency, Gates acknowledged that the basic technology of blockchain has its advantages. Blocking eliminates the need for a third-party intermediary, such as a bank, to quickly create a secure, permanent report on the transaction between the two parties. Bitcoin is the first application of blocking technology, and companies are exploring ways to use technology to manage supply chains, trade and other areas.

Previously Bill Gates had support the crypto currency and Bitcoin. I don't know why he get back his word.Personally I think, he had inverse their money and by the fluctuations. He may get depressed  
This may be the reason for the change in words. The well-known business should not change his word often.Many had invested their money in bitcoin.Because it will affect the bitcoin price.So they will get affected.

[gantez]

In November 2014, the businessman called bitcoin "a revolutionary technology and the most innovative solution in the modern Internet payment market."

If Bill gate can also make such a positive assertion to bitcoin, I just see fear and hate on bitcoin from its bourgeois critics. Most wealthy critics are hating because bitcoin is purely investment and not on production. But, that is how bitcoin has been made. The innovative and production aspect of it has been made by the founders and so, investors just need to put there money where there mouth is.

Afterall, some other investors choose to put there money somewhere else including Microsoft.

[TheWalkingCoin]

Bill gate will be one of the popular man could gain bitcoin, we know how much money he have and how the power of his hand to gain bitcoin, where he can dump and pump bitcoin in few time. Will be most interested when Bill Gates have on bitcoin and he will be one of the power bitcoin. he can control when bitcoin on high price and bitcoin at low price. Will be good positive when bill gates on bitcoin.

[CaptainKid]

It is very interesting what purpose he pursues, the fact that he negatively speaks in the direction of bitcoin? Does this clever guy really think so?

[Babbleingbrook]

American businessman Bill Gates again spoke out against the first crypto currency: in the Squawk Box program on CNBC, the co-founder of Microsoft called bitcoin one of the most speculative things in the world. This slightly tilted the course of the coin on Monday, May 7, but today it is still in the green zone.

"I would oppose bitcoin if there was an easy way to do this," said Bill Gates, co-founder of Microsoft Corporation in CNBC's Squawk Box, on Monday, May 7.

    "As an asset class, you do not produce anything, and so you should not expect it to rise, it's a kind of pure investment" stupid theory, "Gates said in the CNBC program" Squawk Box. "

     "Bitcoin and ICO, I believe, I believe, these are some of the crazy, speculative things," Gates said. He added that someone once gave him bitcoins for his birthday, but he sold it in a few years.

According to Gates, there is no need to count on the growth of bitcoin's value: "from the point of view of the asset class, you do not produce anything." The largest shareholder of Microsoft considers investing in this cryptonet "the theory of a bigger fool in its pure form."

She claims that money can be made by acquiring securities without regard for their quality and selling them at a profit, because there will always be a "bigger fool." Proceeding from the theory, speculative bubbles grow in this way, which burst with time and bring down the value of shares in a mass sale.

Note that earlier Gates accused the BTC of the death of people, pointing out that the coin is often used to buy drugs. In November 2014, the businessman called bitcoin "a revolutionary technology and the most innovative solution in the modern Internet payment market."

Like many critics of crypto currency, Gates acknowledged that the basic technology of blockchain has its advantages. Blocking eliminates the need for a third-party intermediary, such as a bank, to quickly create a secure, permanent report on the transaction between the two parties. Bitcoin is the first application of blocking technology, and companies are exploring ways to use technology to manage supply chains, trade and other areas.

I think some of these big guys are getting scared of the potential of the new crypto paradigm. The status quo will always do what's in their power to stifle innovation if they feel a danger of their toes being stood on, including instigating FUD!

[BrewMaster]

He has been positive about bitcoin, then negative, then positive again, now he is negative again. What's this guy's deal?

if i had to guess i would say Microsoft has some plans about creating a new cryptocurrency! windowsCoin maybe

in any case i find it interesting that him and Buffet have never said "bitcoin is a currency" and never talked about it in that sense. all they do is that they try to say first it is an investment and nothing more then try to prove it is useless!
i don't know what to make of it yet...

[btccoffee]

He is just doing that because he want people to dump there bitcoins in a lower price and he will surely buy it and make a good positive comments again about bitcoin and after that he saw that the price already pumping again he will put a bad comments again about crypto and buy more when the price goes down. This is the way whales manipulated the price.

[TrufieldICO]

Bill Gates revolutionized the personal computer industry. Yet here he seems to be against a new technology revolution. Don't understand it