Who is wrong?

[devollito]

Boomers still dont understand what value bitcoin can bring to our world, easy to store the value, imagine if you have $1 billion dollar. Where you would to store it ? Fiat ? It will decrease in value everyday. Gold ? How many tons of gold you need to buy and protect it ? A lot of resource needed for gold as store of value.

[Valak]

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

Both are successful people in business, and they can influence the development of the global economy. They know what will be best for the future.
I think their pessimism and optimism is due to global business competition. They just want to show that their choice is the best. Bill Gates will also step into the digital currency business.

[MFahad]

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

Why would we make our decision based upon the view point of Bill Gates  or Elon Musk ? We don't need to know who is wrong and who is right. Also most of the times their statements are made to move the market in their direction. If they want to pump the bitcoin, they will speak in fovor of it and if they want to dump it, they will speak against it.

[BOAEDAN]

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

Do you know why some one like Bill Gate and many other business man want to make cryptocurrency drop and said bitcoin or altcoin are bubble? they won't bitcoin not to be popular and almost people left and never try to invest with cryptocurrency, the same like United State government never want to their people become investor on cryptocurrency.

[capcaypro]

no matter who is right or wrong, for sure they are both billionaires who can make other people's views oriented to him. maybe they do differ in opinion but it is common for them rich people. because they run the business with their own experience and brains so it's only natural that they have different views.
If we discuss who is right and who is adda later there will be parties who feel disadvantaged because we know that both Elon and Gates all have their own bases and supporters.
the most important thing here is that we are not too influenced by them because this is the same as fomo and hype. we only believe in ourselves in this crypto world, it's better that we can take advantage of the momentum of both of them to take advantage of ourselves.

[adzino]

Does it matter who is wrong and who is right? Are you forgetting bitcoin is a decentralized coin? Bill Gates doesn't decide what's the future of bitcoin. Elon doesn't decide what's the future of bitcoin. They can only decide if you let them to. Bill Gates was praising bitcoin back then, and now is against bitcoin. Next day he will again do the same. If you keep on listening to them, you will just create confusion among yourself and others. You trust the system? You believe in it? Then go ahead. Invest and use it. There will always be people skeptical about new technologies.

[Golftech]

hmm, both of them have been the richest humans in the world or close to number 1, so I think they both have similarities but are somewhat different in making decisions, both of them have an important role in the world of billgates with Microsoft and Musk with Tesla and Spacex so I won't blame and justify that , but if you have to choose, then Elon Musk's opinion makes more sense.

Elon Musk is already inside this business he's opinion make a good statement with he's followers,

but getting your point about their own decision making, both have seen something that they are

the only one who can explain it much further. Whatever the reason behind Gates position it's him who

thinks about this industry, and whatever Musk see from this market, surely he already enjoying it.

[BitKongy]

No one is wrong, what the two men are talking about is present in crypto space, when there is bull run people will try to forget that bear market existed and when bear market comes people will adapt and think it's over, I'd rather keep enjoying both seasons, that's the best antidotes

[lxiaoh]

Who is right? As one of the crypto member, obviously i hope Elon Musk is right, and Bill Gates just a old man that spreading fallacies to deceive us.
This question asked on this forum it is not neutral at all, does has anybody who is on this forum wish Bill Gates is right? I think the answer is no.

[Almasani]

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

We see that Bill Gates does not like crypto, the reason he gave is that it can consume quite a lot of electricity, and make the earth even warmer. Electricity consumption for Bitcoin mining based on Cambridge University research reaches 121.6 terawatt-hours (TWh).
While Elon Musk chose crypto as an alternative means of payment, he even recently bought up Dogecoin. We know that cryptocurrency cannot be separated from Microsoft. Because Windows is the main route of access to the blockchain system. Although there are Linux and Apple as alternatives.

[noormcs5]

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

We see that Bill Gates does not like crypto, the reason he gave is that it can consume quite a lot of electricity, and make the earth even warmer. Electricity consumption for Bitcoin mining based on Cambridge University research reaches 121.6 terawatt-hours (TWh).
While Elon Musk chose crypto as an alternative means of payment, he even recently bought up Dogecoin. We know that cryptocurrency cannot be separated from Microsoft. Because Windows is the main route of access to the blockchain system. Although there are Linux and Apple as alternatives.

How can be you so sure that Bill Gates do not like crypto. How often we see that these famous personalities change their statement so often. One day you see them talking positive about bitcoin and other day they talk negative about them. One day, you will see Bill gates will change his statement in the favor of bitcoin.

[blue_nexus15]

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

I think, there is no need to judge Who is right?  Who wrong?  Elon and BillGate, each with different views such as their reaction to bitcoin.  This is the last news I have when Bill Gate has never denied the value of bitcoin, but he himself admits and fears Elon's manipulation and domination.  As bitcoin gradually increases in value, it needs to be reviewed and accompanied by decisive action.  I think Elon and Tesla are still having secrets behind the scenes!  nobody knows about it.
https://www.indiatoday.in/technology/news/story/-should-you-invest-in-bitcoins-bill-gates-says-yes-but-only-if-you-are-elon-musk-1773671-2021-02-27

[iphone5s]

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

Everyone has the right to say whatever they value about Bitcoin, Everyone can only predict what will happen in the coming year with virtual currency because we are not gods who can know exactly what prices will happen in the future. If you have the ability wealth may already be in front of your eyes.
But it is my hope that Bitcoin and other virtual currencies will continue to grow and continue to surprise people with their newest prices.

[leea-1334]

Boomers still dont understand what value bitcoin can bring to our world, easy to store the value, imagine if you have $1 billion dollar. Where you would to store it ? Fiat ? It will decrease in value everyday. Gold ? How many tons of gold you need to buy and protect it ? A lot of resource needed for gold as store of value.

You do realize most of the programmers, and the big backers and the investors are actually boomers right? Millennials are mainly the tiktok speculators who are buying dogecoin and just buying it worse, on an app with no real wallet.

Millennials store their money in digital wallets but do not realize the true potential of crypto,,, so no need to be age-discriminatory;)

(I am not boomer by the way)

[Chuky92]

First and foremost, everyone is entitled to their own opinion and that makes them right in their own sense, and in such case it takes a lot of work and proofs to change their mindset. I believe many were against Bitcoin in the early days but as time goes on, when they have understood how important Bitcoin is as well as the role and place it holds in the future, they tend to change their mindset and started getting involved as soon as possible. Gates is a billionaire and knows what he want and such case it might be difficult to proof him wrong even though Bitcoin has changed a lot of people's beliefs, but I tend to think he might have changed his mindset.  Elon musk on the other hand, is an innovative person reason why it won't be too difficult for him to understand Bitcoin and so on. They are all right because they know what they want.

[AhmadM]

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

I think it is not wise to judge it's right or not since both of them have their own sight regarding cryptocurrency, meanwhile I believe the crypto community will not say BTC as a bubble. In the event that its a true bubble such as Bill Gates said, why not take advantage of it and join the party? Of course you need to do your own research before taking a part.

Now many cryptocurrences raises because people use them. DeFi projects are popular that is why the price of Ethereum continues to grow. To improve the work of DeFi projects a lot of liquidity providing pool appears like https://safespacecrypto.net/ which gives a lot of opportunities to earn money.

Looks like you are just shilling the project, lol

[rajakulam]

Don't be corrected who is right because Bill Gates and Elon Musk have their own points of view about cryptocurrency, we who are already members of the crypto world also have their own views, and we must focus on what we think is right.

[ancafe]

everyone has different perceptions about this. If Bill Gates thinks that, then I don't think he wants to use bitcoin. whereas Elon Musk wants to take advantage of it. You know, everyone sees things as different. What I mean is that Bill Gates sees the PC as an opportunity, Elon Musk doesn't see it, but sees Tesla's technology as an opportunity. it led them to their own paths. Personally, I'm on the side of Elon Musk leveraging crypto for now.

[oemar bakrie]

For me, there is nothing wrong with it because it is all a market game and big investors already understand the storyline of what the fate of bitcoin is like ..
and I am just an ordinary person who cannot follow the flow of crypto movements because their knowledge of crypto is not as good as those of big investors..

That's right, they are both rich people in this world, so whatever they say will always be considered by everyone, because in general they don't have the mental burden when saying that even at every single thing.

therefore, we can only see the number of increases in the market, and also try to follow all movements according to our abilities..
because with this we feel enough to get results even though not as many as big investors..

[oemar bakrie]

For me, there is nothing wrong with it because it is all a market game and big investors already understand the storyline of what the fate of bitcoin is like ..
and I am just an ordinary person who cannot follow the flow of crypto movements because their knowledge of crypto is not as good as those of big investors..

Pros and cons are not new things in crypto. The billionaires were arguing based on what they have been thinking about. There are lots of big parties were saying the same things like elon and gate.
As crypto users and we must try to believe in what we are doing right now.
We know that if the tech can't be killed and gate was creating non sense prediction about bitcoin.

the point is we are too hard to keep up with them.