Bill Gates: I would put against bitcoin

[LoudA__]

He's also an investor. Bitcoin and blockchain are a new trend so he wanna learn and know. If he create a new blockchain, i think it will be hot

Nah! I don't think that Bill Gates will be taking his interest on the Blockchain since he said it already that these are just a crazy and speculative things, that is just a proof he don't want to take part in it. He is a billionaire, but he is also a person with a different point of view as we are so Bitcoin may pump, bitcoin may dump I will still continue on what I am doing.

[miraxgr]

Everyone has their own truth, bill gates has his own truth and bill gates has his own truth. Before gates earned his first ten billion dollars, he was neither so scrupulous nor so pious. Of course, now he can afford to say whatever he wants, but this does not affect the essence of the blockchain technology and bitcoin itself, because it is already accepted by the whole world!

[mia khalifa]

I think this should not really make the price of bitcoin and other cryptocurrency to collapse because I think bill gates can not affect the market price and even the government should not be able to influence the market price.

[Menawi12]

Maybe when people selling their bitcoin, bill gates want to buy it at lower price. As we know, bill gates is bussinessman, and as bussinessman bill gates want to make profits too. If we believe that bitcoin is good investment, better not listening FUD and not being panic with negative news about bitcoin.

[aitrading]

It doesn't matter what he said. I think he will change his opinion soon according how people will adopt BTC.

[Viarahine]

To throw off the price, to buy cheaper

[CryptopreneurBrainboss]

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.

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

If you ask for my opinion i will suggest we don't listen to this FUD creators. They are after their own earn.  They see BItcoin as a major competitor so definitely they'll search for means to disapprove it's credibility.

[Eros1on]

I feel that Bill Gates also wants to buy BTC, but I think the price of BTC may be too high, and I think it will be cheaper to buy again.

[dupee419]

Bill Gates has so many points in what he has stated, and yes for the people who wants to know if bitcoin is used for illegal activities such as drugs, weapons, etc. yes it is true there are numerous cases of it, this is one of the reasons why Gates has doubts with bitcoin and one of the reason he'll oppose bitcoin.

[Siren]

You just misunderstood the old man,he was talking about "friendster"and "yahoo messenger"  lol 🤣🤣🤣

The oldman knows nothing about blockchain  he was thinking that its a google he was referring too.

And besides theres nothing to be bother about what this guy throw words against bitcoin,because hes not the one that would take effect if the market goes ups and down,so stop posting this kind of threads because this is not helping our communitu to grow and multiply

[Rossy Akbar]

This man was unpredictable as bitcoin does,  sometimes he said that he was agreed with bitcoin and now he said that he want to agains bitcoin. I don't really get this man, maybe if he has a wise word or any motivation I wouldn't like to follow it even he was rich.

[Mbah Djoko]

Everyone is free to decide on the attitude of bitcoin, if you like it then buy then keep for a long time of course can get profit, but if bill gates which is a conglomerate against bitcoin then this will not be very influential because bitcoin user is global and much richer than him.

[crypto.kaka]

yes that,s a good new for bitcoin

[Domanity]

These people often make statements to drop Bitcoin, but I'm not sure this will be able to influence the price of Bitcoin.

[jahn_quid]

Maybe he's just backing up his friend Warren.

[Lamisa asfiya]

Bill Gates is a wealthy man in a popular world and he can gain bitcoin. I think Bitcoin can get rid of it. If he wants to pump his pumps and dumps and if he looks at Bitcoin then it will be strong in the moment. If you want, you can pump it and control it. This will be possible only when Bill Gates will take a positive look at it.

[felicita]

anyway Bill gates is a rich bitch and noonne gives a shit what he says come on he owns Windows 
And i think he also have many Bitcoins on holding for profits .




regards

[Kimchu kuno]

This is what whales DO! Manipulate the market every chance they get, when someone like him stated that bitcoin has no future,it will never rise blah blah , then it's starting a panic sell and the price is going down dramatically. and that's when they BUY,

They clearly knows this is the  FUTURE, and this is them preparing, we already seen once bitcoin rising to 20,000$ by the end of last year, and now it's 6 months to this year, perfect time to lower the price and collect some to prepare for the next big event.

Many blockchain experts predicted that BTC price will be around at least go to 50,000$ by 2020 , These billionaires are trying to add few more billion to their collection by spreading such things, and buying the cheapest possible, while they can.

Bill gates has it's own  progressive business  that's why he puts against bitcoin so as we are descendants of Bitcoins we will continue to strive hard to shines  all over the world.

[Kakmakr]

The guy is just jealous. Here is one of the biggest investments in decades and he is not part of it.    Bill Gates and his people at Microsoft can see that this technology can be much bigger than their technology in the IT Industry in the future and they want to stop that. If they cannot be a part of this, then it is shit or speculative or a scam. 

What value did Microsoft add to the world? It is basically a Operating system and a Money cow for it's investors.  There was enough competition in that scene at the time, for it not to be unique or special at all. 

[lotakasa]

He can do it if he wants to