Topic: Bill Gates and Bitcoin (Read 2455 times)
Im pretty sure there is more posibilities that Gates is creating his own coin than Gates secretly buying Ripple to uncover it lately and boost the price.
You guys are on point. He's cooking GatesCoin as we speak.
Microcoin
Here we have a brief overview of what Bill Gates believes in regards to you guessed it, Bitcoin.
http://gyazo.com/976f1e94844e3013303951b1e914ae13
I just calculated and got a fact that right now bill gates can buy all the possible bitcoins in the world with only his 10-15% of wealth.http://gyazo.com/976f1e94844e3013303951b1e914ae13
Isn't it amazing?
This is wrong for a couple of reasons
First would be, if he buys the entire Bitcoin network what's he going to do, trade coins back and forward to himself? It would render btc worthless if one person had them all
Secondly nobody will mine or even keep running wallets for no financial incentive so the value would plummet and he would lose his investment
Thirdly, let's see him buy them all when they're worth $10k+ each lol
Fourth-they're are plenty of people like myself and Roger verr for example who believe in btc as an ideology and are already wealthy enough so will not need to sell their holdings to someone like gates.....
No it wouldn't, it would jack the price up and create no liquidity.
In a situation where bill Gates had all 21 million btc, who else would want them?
Who would bother running a miner or even a node? There's no incentive...
I think it would kill it tbh..... But it will never happen
Here we have a brief overview of what Bill Gates believes in regards to you guessed it, Bitcoin.
http://gyazo.com/976f1e94844e3013303951b1e914ae13
I just calculated and got a fact that right now bill gates can buy all the possible bitcoins in the world with only his 10-15% of wealth.http://gyazo.com/976f1e94844e3013303951b1e914ae13
Isn't it amazing?
This is wrong for a couple of reasons
First would be, if he buys the entire Bitcoin network what's he going to do, trade coins back and forward to himself? It would render btc worthless if one person had them all
Secondly nobody will mine or even keep running wallets for no financial incentive so the value would plummet and he would lose his investment
Thirdly, let's see him buy them all when they're worth $10k+ each lol
Fourth-they're are plenty of people like myself and Roger verr for example who believe in btc as an ideology and are already wealthy enough so will not need to sell their holdings to someone like gates.....
No it wouldn't, it would jack the price up and create no liquidity.
Here we have a brief overview of what Bill Gates believes in regards to you guessed it, Bitcoin.
http://gyazo.com/976f1e94844e3013303951b1e914ae13
I just calculated and got a fact that right now bill gates can buy all the possible bitcoins in the world with only his 10-15% of wealth.http://gyazo.com/976f1e94844e3013303951b1e914ae13
Isn't it amazing?
This is wrong for a couple of reasons
First would be, if he buys the entire Bitcoin network what's he going to do, trade coins back and forward to himself? It would render btc worthless if one person had them all
Secondly nobody will mine or even keep running wallets for no financial incentive so the value would plummet and he would lose his investment
Thirdly, let's see him buy them all when they're worth $10k+ each lol
Fourth-they're are plenty of people like myself and Roger verr for example who believe in btc as an ideology and are already wealthy enough so will not need to sell their holdings to someone like gates.....
You guys are on point. He's cooking GatesCoin as we speak.
Yea I agree, just to clarify, NOT that new GATECOIN that just came out, GATESCOIN
You guys are on point. He's cooking GatesCoin as we speak.
Yea I agree, just to clarify, NOT that new GATECOIN that just came out, GATESCOIN
You guys are on point. He's cooking GatesCoin as we speak.
So how is he going to provide stability for his altcoin? Give it a fake value? Never put it on an exchange?
He can simply make an IOU on the ripple network and try to control the volatility himself by pegging it to something more stable. Or he might not even need to control it if he makes it ugly to bitcoiners. For example, there's no mining, its distributed, and no hard cap on the amount of coins which his organization holds all of it at first.
This is what he would do. Pegged to national currencies, but what about unstable national currencies?
I don't think Bill Gates is telling us everything. You can be sure he is cooking-up another idea or two to put himself in front of the pack!
So how is he going to provide stability for his altcoin? Give it a fake value? Never put it on an exchange?
He can simply make an IOU on the ripple network and try to control the volatility himself by pegging it to something more stable. Or he might not even need to control it if he makes it ugly to bitcoiners. For example, there's no mining, its distributed, and no hard cap on the amount of coins which his organization holds all of it at first.
Here we have a brief overview of what Bill Gates believes in regards to you guessed it, Bitcoin.
http://gyazo.com/976f1e94844e3013303951b1e914ae13
I just calculated and got a fact that right now bill gates can buy all the possible bitcoins in the world with only his 10-15% of wealth.http://gyazo.com/976f1e94844e3013303951b1e914ae13
Isn't it amazing?
Good luck with that, he isn't getting mine!
Here we have a brief overview of what Bill Gates believes in regards to you guessed it, Bitcoin.
http://gyazo.com/976f1e94844e3013303951b1e914ae13
I just calculated and got a fact that right now bill gates can buy all the possible bitcoins in the world with only his 10-15% of wealth.http://gyazo.com/976f1e94844e3013303951b1e914ae13
Isn't it amazing?
Good luck with that, he isn't getting mine!
Here we have a brief overview of what Bill Gates believes in regards to you guessed it, Bitcoin.
http://gyazo.com/976f1e94844e3013303951b1e914ae13
I just calculated and got a fact that right now bill gates can buy all the possible bitcoins in the world with only his 10-15% of wealth.http://gyazo.com/976f1e94844e3013303951b1e914ae13
Isn't it amazing?
So how is he going to provide stability for his altcoin? Give it a fake value? Never put it on an exchange?
Putting a backdoored wallet on every new computer as it leaves the factory.
So how is he going to provide stability for his altcoin? Give it a fake value? Never put it on an exchange?
Bill Gates will never support or get behind bitcoin because he has very little control over it
He has said before he is working on a digital payment system for the third world but let's be honest, he wants a bill Gates coin, not a bitcoin
He has said before he is working on a digital payment system for the third world but let's be honest, he wants a bill Gates coin, not a bitcoin
Source? I would love to read up on this digital payment system you speak of in which Gates spoke on.
Bill Gates will never support or get behind bitcoin because he has very little control over it
He has said before he is working on a digital payment system for the third world but let's be honest, he wants a bill Gates coin, not a bitcoin
He has said before he is working on a digital payment system for the third world but let's be honest, he wants a bill Gates coin, not a bitcoin
Here we have a brief overview of what Bill Gates believes in regards to you guessed it, Bitcoin.
http://gyazo.com/976f1e94844e3013303951b1e914ae13
http://gyazo.com/976f1e94844e3013303951b1e914ae13
What digital currency is he using if he's not using bitcoin?
he is already using bitcoins as microsoft acceptiong bitcoins now at the moment they are acceptiong bitcoins for US users only i hope they will accept bitcoins for all over the world
Good observation. Bill Gates dips into btc daily. Awesome stuff we have here.
Here we have a brief overview of what Bill Gates believes in regards to you guessed it, Bitcoin.
http://gyazo.com/976f1e94844e3013303951b1e914ae13
http://gyazo.com/976f1e94844e3013303951b1e914ae13
What digital currency is he using if he's not using bitcoin?
he is already using bitcoins as microsoft acceptiong bitcoins now at the moment they are acceptiong bitcoins for US users only i hope they will accept bitcoins for all over the world
Jump to: