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Topic: Bill gates says cryptocurrency is bad - page 8. (Read 148479 times)

member
Activity: 784
Merit: 10
February 18, 2019, 05:21:31 AM
I think there are different opinions of known people about cryptocurrency. If someone says it is bad well then it is by her own understanding, remember it is not just one people whom you listens, because there are also some who says cryptocurrency is good that is more influencial than bill gates. I think we just should respect each other's opinion.
member
Activity: 462
Merit: 13
February 18, 2019, 05:16:25 AM
Who is Bill Gates?does he helped cryptocurrency ever since?is he the one who can tell the investors what to do?lol we are different area from what that stupid known in life so he has no rights in everything that discusses crypto and if there’s bad in here?that is his word towards our community
There are different forms of stakeholders. Some are more concerned about fiat, because they have stake in it and on the other way, some about digital currency, such as cryptocurrency. Well, no one knows the agenda of Bill Gate as regards this view or opinion of hs. I will not be surprised if he is looking for ways in which he can buy bitcoin most especially at a very cheap price and later sell high, by coming up to support again. Also, his mission can be somewhat different, so i am just assuming.
sr. member
Activity: 910
Merit: 251
February 18, 2019, 04:28:15 AM
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.


We don't know what's in the mind of Bill gates. Always remember that He is one of the tycoon businessman in the world.
He may said it because it is one of His strategy to get more profit, since He knew that He has a capability to convince others, so once the market get down or dump, He can have a chance to buy a huge of it. This is only for my opinion because He is a businessman.
legendary
Activity: 1372
Merit: 1008
February 18, 2019, 03:44:24 AM
Who is Bill Gates?does he helped cryptocurrency ever since?is he the one who can tell the investors what to do?lol we are different area from what that stupid known in life so he has no rights in everything that discusses crypto and if there’s bad in here?that is his word towards our community
I think it's just the opinion of outsiders, do not to be angry about someone's opinion. yeah even though the effect of they words is certainly quite large. but you're right, he's not credible about crypto, the domain of Microsoft and blockchain or crypto is different, so he shouldn't say that, if he doesn't know
member
Activity: 616
Merit: 30
February 18, 2019, 02:27:56 AM
Who is Bill Gates?does he helped cryptocurrency ever since?is he the one who can tell the investors what to do?lol we are different area from what that stupid known in life so he has no rights in everything that discusses crypto and if there’s bad in here?that is his word towards our community
sr. member
Activity: 994
Merit: 250
February 18, 2019, 02:16:06 AM
Everyone has his own opinion and chooses what he likes, based on some knowledge or experience. In this case, he does not like anonymity. I disagree with that. Now all our operations are monitored by state services. Cryptocurrency allows us to be anonymous and I like it
full member
Activity: 322
Merit: 100
MenaPay - Crypto made easier than cash
February 18, 2019, 01:41:02 AM
Seems like Bill Gates is a bit out of touch with the use case of most coins and tokens. In a way he's right that there's not much legitimate use at the moment besides hoping for price increase. But soon the tokens will begin to play a role in many people's life and we will see broad adoption.
He is half right while all this looks like a big deception of many investors and it gets worse every year, but it’s worth changing the mechanism and development vector and he will be surprised.
member
Activity: 290
Merit: 10
Join @Bountycloud for the best bounties!
February 18, 2019, 01:33:54 AM
There are many popular persons or big foundations have said many bad things about this market but behind that, they are buying Bitcoins with a big quantity
jr. member
Activity: 40
Merit: 1
February 18, 2019, 12:39:18 AM
IN Malta they are working hard to regulate the cryptocurrencies, we have had the opportunity to participate in the Blockchain summit of November 2018. There will be solutions to all this.
It is right that the projects are developed with seriousness. It is very expensive to regulate a cryptocurrency, but this can be financed in the pre-sale of a cryptocurrency or an ico.
member
Activity: 448
Merit: 12
February 17, 2019, 06:46:31 PM

Bill gates could change his mind like Jamie Dimon did and launched the JP coin. Many blockchain experts already working for Google so I would not be surprised anymore if that happens.
full member
Activity: 574
Merit: 100
February 17, 2019, 05:51:32 PM
I don't think you should listen to him. He is undoubtedly a clever man, but manipulation has not been canceled.
full member
Activity: 386
Merit: 178
February 17, 2019, 05:08:07 PM
In my opinion, the crypto-money technology is not bad, but the crypto world feels the need to develop. The daily use of crypto money technology continues to increase. We will see promising developments by the end of 2019. It also has new projects on Microsoft blockchain technology. Bill Gates will see if he lives enough that he is wrong.
hero member
Activity: 1064
Merit: 500
MOBU
February 17, 2019, 04:22:42 PM
That's good, when such persons like Bill, talk about crypto. At the same time, it doesn’t matter what he says, our sphere is still evolving.

Yes, no matter what he says, and so strange that he says so. When his company has a lot of partnerships with multi-projects. It seems to me that he does not want ordinary people to own a part of these projects, therefore he makes such statements!  Cool
hero member
Activity: 812
Merit: 500
February 17, 2019, 03:50:33 PM
I think this all theater for us with you. I'm sure he holds a lot of bitcoins and buys them at a very low price now. Because he knows that there will be a phase of growth and the price will be much higher.

Why do you think so? He is one of the richest billionaires today, buying Bitcoin to make money I think is impossible for him, when he is focusing on supporting poor and developing countries
jr. member
Activity: 222
Merit: 2
February 17, 2019, 03:33:38 PM
That's good, when such persons like Bill, talk about crypto. At the same time, it doesn’t matter what he says, our sphere is still evolving.
sr. member
Activity: 619
Merit: 352
February 17, 2019, 03:27:13 PM
There was a research on how much money is laundered through cryptocurrencies and it was said that the percentage is very small. I don't fully agree that anonymity is bad.
legendary
Activity: 1568
Merit: 1002
February 17, 2019, 03:07:04 PM
who cares. there are good saying and negative sayings for crypto market. it was always like this. but it is obvious that blockchain technology and cryptocurrencies have a great future.
in our opinion the word has no effect, for new investors starting in this business are very affected and they must think more advanced than before that. the crypto civilization is better each year a very clear situation already exists in the market as strong evidence convincing investors
full member
Activity: 602
Merit: 111
February 17, 2019, 03:00:06 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.

each and everyone has their own opinion because they are seen the cryptocurrency field in different dimension and in different situation so it will be correct for him but most of the people will made lots of income and made their life more stronger with the field of cryptocurrency.
hero member
Activity: 1078
Merit: 537
February 17, 2019, 02:39:42 PM
who cares. there are good saying and negative sayings for crypto market. it was always like this. but it is obvious that blockchain technology and cryptocurrencies have a great future.
jr. member
Activity: 294
Merit: 1
February 17, 2019, 02:22:45 PM
It has been quite a long time since he made this remarks about cryptocurrency and I doubt if this is still his view of cryptocurrency presently. There are so many people who had made a u-turn on their negative thoughts about cryptocurrency.
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