Topic: Bill Gates: I would put against bitcoin - page 6. (Read 901 times)

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

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.

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.

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

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}

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.

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.

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

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

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

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.

I think he's confused with his statement

Sometimes it makes you wonder if this people really understand how crypto market works. Or they don't like anything that they can't hold into their hands as crypto is pure virtual. However, I believed in him saying that bitcoin is speculative asset, however, I disagree with him saying that bitcoin investment is "the theory of a bigger fool in its pure form." Well if you invest wrongly, not just on bitcoin, even in stock markets and if you are just really in for a quick rich scheme, then you are wrong. That's why you have to be very careful putting your money into crypto, because its based on speculation, but it doesn't mean that you are fool. LOL. Everything can go wrong, but if you don't know how to protect your investment then you really better get out of crypto.

You can't expect dinosaurs to embrace new revolutionary technology...it's beyond their comprehension. Blockchain will be embraced by future generations, not the current one. Plus, Bill and other corporate billionaires like him will do anything to protect the current financial system in which they are Gods.

How are awful these ignorant  old dudes. He doesn't know anything about what he speaking. I can bet my house on it. He is just another one loudmouth

That's an extremely interesting statement coming from the man that is claiming to be making an attempt at curing the world's most serious diseases. I wouldn't say this it is typical for him to seek the easy way out. That being said, maybe it's harder to oppose Bitcoin in any significant way than it is to cure the world's most deadly transferable diseases.


Wrong, Mr. Gates. It certainly produces many things, one of the most significant is economic control, security and decentralization. It has been a technological innovation and has provided a solution to the Byzantine General's problem in such a magnificent manner that top corporations are attempting to mimic the blockchain and failing miserably.


If you link Bitcoin and any random ICO into the same bucket then you're clearly uninformed or willfully misleading and I'm not interested in hearing the rest of what you have to say on this subject.


I wonder if Gates would accuse every other currency to be responsible for the death of people, because of the same reason. Very interesting that he has changed his tune about Bitcoin.


Then I fail to see how he has come to the initial conclusion that was presented. I'm at a loss for this man's line of reasoning. It seems like extremely wealthy people that would have a vested interest in maintaining the current framework of finances are united against Bitcoin and it makes me laugh. They are so predictable.