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Topic: Bill gates says cryptocurrency is bad - page 31. (Read 148479 times)

newbie
Activity: 182
Merit: 0
July 21, 2018, 05:16:20 PM
Everyone has their own opinion, if they said bad it doesn't mean bad. I know he comes in the most rich person of the world but that doesn't mean he has knowledge of every earning job. We all know cryptocurrency is so much useful and better for future thats why we are here. Even cryptocurrency help to make future without any investment Example Bounty.
jr. member
Activity: 378
Merit: 3
July 21, 2018, 05:15:41 PM
The same bill gates was positive in cryptocurrency is future of money and every one should buy cryptocurrency and hodl for long time billionaire keep changing words
sr. member
Activity: 546
Merit: 250
July 21, 2018, 05:10:42 PM
Bill Gates says CryptoCurrency is bad. but I think Bill Gates is thinking wrong. because CryptoCurrency offers a chance to earn income for unemployed people. Microsoft is a global company and monopoly in the world. Microsoft does not allow other companies to grow.
member
Activity: 168
Merit: 11
Sound/Foley FX Design Service For Your ICO Videos
July 20, 2018, 03:31:02 PM
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.


I think his answer is pretty much superficial and cautious. Cautious part is totally understandable but I didn't expect him to be so superficial about cryptocurrency... Well, nobody is perfect, you know.  Cheesy
member
Activity: 585
Merit: 33
Rasputin Party Mansion
July 20, 2018, 03:24:52 PM
Well, Bill Gates also said that 640 Kilobites of memory would have been sufficient for any application ....
Perhaps his predictions are not too reliable Smiley
member
Activity: 364
Merit: 10
https://bvo.trybravo.com/
July 20, 2018, 01:19:22 PM
I think Bill focused on negative sides of crypto instead of talking about its advantages, freedom, and income it can give. Criminals can use offshore bank accounts for their dirty purposes as well as crypto so I do not see a big difference in this.
member
Activity: 378
Merit: 10
EndChain - Complete Logistical Solution
July 20, 2018, 01:06:34 PM
I think bill gates is right, but for now the crypto is still good for investment (my estimation for 5 years) and after that I think crypto will be end, but i hope my opinion is wrong.
jr. member
Activity: 250
Merit: 3
Crypto Trader/Enthusiast/Investor
July 20, 2018, 12:55:54 PM
Complete decentralisation is bitcoin's best feature and might be it's worst as well. It has enhanced money laundering, task evasion and others but it has also enhanced fast, cheap and easy transactions. Maybe He has a reason for saying bitcoin is bad but hey, I'm making money and that's all I could ask for.
sr. member
Activity: 644
Merit: 250
July 20, 2018, 12:46:38 PM
There are critics for everything. Ask Roger Ver, an early crypto investor, he won't stop praising cryptos. So, if someone criticizes something, just try to understand his point of view. If it aligns with yours, stop pursuing that particular thing. But if your thought process is different or you are having a profit of that thing, just don't care about opinions. I am sure market is stable enough that a line from Bill Gates not going to ruin the marketcap or something.

It is just his opinion.
member
Activity: 224
Merit: 10
diceroll.xyz
July 20, 2018, 12:46:34 PM
Maybe he is wants buy  Grin making bottom for him. Even in the stock market many people used to say bad things for some company but they perform very well except like us who are from community trust this world nothing affect much.
full member
Activity: 824
Merit: 104
PredX - AI-Powered Prediction Market
July 20, 2018, 12:41:53 PM
Maybe crypto is bad to invest longterm because crypto is not stable, its a big risk to invest longterm here.
copper member
Activity: 812
Merit: 6
July 20, 2018, 12:41:38 PM
Like 30 years ago most people was saying that the internet is bad idea, look at them now, maybe he just cannot accept crypto, he needs more time lol Grin
full member
Activity: 378
Merit: 100
July 20, 2018, 12:39:25 PM
Once upon a time people said that IBM and Microsoft are bad, but this did not stop these companies from developing successfully. So and in this situation. You can treat crypto currency badly, but this does not deprive it of attractiveness, value and prospects!  Cool
member
Activity: 574
Merit: 10
July 20, 2018, 10:22:39 AM
This is one of the features of the cryptocurrency, its anonymity. I do not like when such topics are touched. If someone and puts up drugs, he will transfer money in any way, as before. The washing, yes, too, there are always outlets. It's a pity that such words can be hear from those people who really trust. Although he always spoke negatively about bitcoin, but this does not prevent anything.
newbie
Activity: 70
Merit: 0
July 20, 2018, 10:16:47 AM
Everyone has their own opinion. But I think it's time to find a VAT system for the cryptocurrency and should be added a legal background. That is the best way except banning the crypto world. Because nowadays more peoples find money from crypto. If someone says its bad there are so many scammers, it's also not correct. The reason is everything has a probability.
newbie
Activity: 88
Merit: 0
July 20, 2018, 05:07:19 AM
I think Bill Gates has his own particular feeling and that is a decent conclusion he has. Cryptographic money has a major effect for the network, however that does not mean it's terrible for us either. We individuals definitely realize what is good and bad. It's dependent upon you in the event that you keep on living in the crypto world.
member
Activity: 350
Merit: 12
July 19, 2018, 02:44:27 PM
Bill Gates can be one of the richest men on the planet, but he also said a lot of nonsense.
I would not take him too seriously.
newbie
Activity: 112
Merit: 0
July 19, 2018, 05:36:39 AM
Crptocurrency is terrible to those individuals who know nothing about this in light of the hazard. Bill Gates may right however we have our own particular conclusion and on the off chance that you think you are sufficiently sure with this at that point let it all out after each one of those huge folks will utilize bitcoin soon and advance their own particular coins.
Agree. The opinions of famous people are more suitable for the inexperienced public. Since you have been working in cryptocurrency for at least a month, you will understand that only your own opinion matters.
newbie
Activity: 168
Merit: 0
July 19, 2018, 05:29:39 AM
I think he said he would manufacture a pea so he could buy them dip and hodl for bigger profits. Grin Grin
member
Activity: 170
Merit: 10
July 19, 2018, 05:29:15 AM
Crptocurrency is terrible to those individuals who know nothing about this in light of the hazard. Bill Gates may right however we have our own particular conclusion and on the off chance that you think you are sufficiently sure with this at that point let it all out after each one of those huge folks will utilize bitcoin soon and advance their own particular coins.
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