In his own reddit AskMeEverything page, https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/
He answers about cryptocurrency stating
“The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Government’s ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.”
He isn't wrong in his sense, if the cryptocurrency is to have a future, they should be able to create an environment of trust between themselves and the authorities.
everyone has a view of each.He answers about cryptocurrency stating
“The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Government’s ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.”
He isn't wrong in his sense, if the cryptocurrency is to have a future, they should be able to create an environment of trust between themselves and the authorities.
some say crypto is bad and some are good too.
if someone has good experience in crypto, then surely the person will say that crypto is good. then recommend it to others.
so far the view of crypto is still good. I do not know of the person who said the crypto was bad from where it came from. and surely that person has his own reasons.
I agree. Every person has his own opinion and is afforded the right to voice it out. However, if one is really a serious user or investor in the cryptocurrency market, then it would mean that whatever other people would say, and even after all the negative news swirling around it, you would find for yourself what's real and check all the things that would make investing in the cryptocurrency market a good or a bad one. I mean, every market has its pros and cons and finding the balance between those is the key to be successful. Although it's hard to prosper in the market these days, there's still a lot of potential for growth in the market.
