Bill Gates wasn’t joking when he said Bitcoin was better than Fiat Currency

wantjokull

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People who already believed in the bitcoin and made the investment earlier in the time are already blessed with power of the bitcoin and they already have seen what bitcoin can do. When powerful man like Bill Gates states something about the bitcoin then it does really matter a lot because such people are very very excellent in understanding the advancement in the technology. So if Bill already has speculated something positive about the bitcoin then just imagine what bitcoin can really do in the future. Who knows he might have invested huge money into the bitcoin and could be the next driving force for it. Cool

Fiat currency is too restricted in the sense of transferring the large amount of digital load but bitcoin can run big algorithm and transfer any kind of money we want. However there are still many development are underway but thats just matter of time when we will be done. :-) So yeah its best investment really!

cosmicart

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You know! a lot of people took BTC as a joke few years back. and many are living in regrets now.
but it's not still too late to tap in.

the best time to plant a tree is ten years ago.
the next best time is now...

dificanovi

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Buzz App - Spin wheel, farm rewards

Quote from: zycrypto on September 23, 2017, 05:22:43 AM

Recall when bill gates made that statement, he had seen the great future that bitcoin has and how it can help the global financial technology and now the price of bitcoin has quadrupled since he made the comment on bitcoin, as many people came in and saw the great potentials of bitcoin.

Bill gates made it clear that bitcoin is better than the currency because you do not have to stark physical currencies in a place for your transactions and start feeling insecure, and for large transactions,

Read More => https://zycrypto.com/bill-gates-wasnt-joking-said-bitcoin-better-fiat-currency/

Bill Gates opinion is very good and invites many investors to invest in bitcoin.
I also believe bitcoin is better than real currency because bitcoin gives us many advantages.

krauzzer02

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Quote from: londoireng on December 25, 2017, 01:40:32 PM

nice right ? can u imagine every people in this world accept cryptocurrency as currency, not just investment

That would be possible if they solve the main problems of btc like transaction fees and slower confirmations, if the core devs remain silent about this concerns it would just stay in the position of what we know about this currency and that is the fact that it is more recommended to make an investments for this coins rather than spending it though we can use this for a larger transactions and bulk addresses with just the right amount of fee for the tx size.

plaintiff77

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Bill Gates really wasn't joking when he said that bitcoin is better than fiat currency.The one of the most influencial and most rich person in the world really find that bitcoin will surpass the fiat money because of its huge price and rapidly increasing value.

fusepay

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And now even the banks are after Crypto with Ripple, they have missed out on the BTC / ALT growth era and now selling tokens in a wealth reversal that will be reflected against the US dollar that could be worth from 5c to $1.50, and even then they are not accepting FIAT for the purchases... Does this tell you something?

BrewMaster

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There is trouble abrewing

Quote from: glaciercapital on January 10, 2018, 07:18:08 AM

Quote from: Bestprint on January 10, 2018, 07:14:41 AM

He is definitely a man who sees opportunities and think far ahead. Bitcoin is good, but blockchain technology is the main thing that is most important as that can change lives and create a better future for us.

Yes, he is clearly open minded. Peter Thiel made similar comments aswell regarding bitcoin. I believe the broader public and financial sector is already beginning to open its eyes to the potential with all cryptocurrencies.

most of the technologically advanced minded people have been open minded about bitcoin too. you can't see any one of them making weird comments about bitcoin.
all the negativity and FUD always comes from "businessmen" who are making a living by trading. they spread it to get a possible better position and make more money. and the "broader public" has been falling for this FUD so far. but slowly they stop believing it.

Kingofbitcoin12345

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To know that this person do believe in cryptocurrency is a good thing and this statement will surely gives a good signals that really a fan of Bill Gates and it’s company.. If he does invest in it can do make a difference with all his money he can make bitcoin price in new heights in second.. The number one richest man in the world is a bitcoiner would be a game changer..

mOgliE

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Better? What does it mean?

Reading your post, I understand it means that bitcoin is more convenient than fiat currencies. Thank you but we didn't need Bill Gates to tell us so..

Bitcoin is not "better", it is completely different. It holds lots of hope and opportunities as thanks to the blockchain, you are no longer dependent on large institutions that actually control the market. Of course, "large" bitcoin owners may influence rates... But nothing comparable with the manipulations that can currently be made by traditionnal banks!

I don't know how much Billy knows about bitcoin but... He is just a rich man. Him saying that bitcoin is great does not make bitcoin great. Bitcoin is great in itself and don't need recognition from billionnaires. I am quite fed up with all these posts about "famous people" endorsing bitcoin. We don't need it. If you believe in bitcoin, your actions are far more important than statement from Billy or Marcky! Wink

glaciercapital

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Quote from: Bestprint on January 10, 2018, 07:14:41 AM

He is definitely a man who sees opportunities and think far ahead. Bitcoin is good, but blockchain technology is the main thing that is most important as that can change lives and create a better future for us.

Yes, he is clearly open minded. Peter Thiel made similar comments aswell regarding bitcoin. I believe the broader public and financial sector is already beginning to open its eyes to the potential with all cryptocurrencies.

Bestprint

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He is definitely a man who sees opportunities and think far ahead. Bitcoin is good, but blockchain technology is the main thing that is most important as that can change lives and create a better future for us.

crptotrader007

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Good to see that people do discuss over the positive statements towards Bitcoin. Until now I had seen only the threads where people used to discuss about the negative statements made from people like Jamie and other wall street officials. Bitcoin is indeed a better currency and technology. It just needs a little bit more of development so that it can tackle the upcoming issues. If Nakamoto would have still developed the currency then BTC would have crossed a million dollars by now.

BtcBling

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Quote from: zycrypto on September 23, 2017, 05:22:43 AM

Recall when bill gates made that statement, he had seen the great future that bitcoin has and how it can help the global financial technology and now the price of bitcoin has quadrupled since he made the comment on bitcoin, as many people came in and saw the great potentials of bitcoin.

Bill gates made it clear that bitcoin is better than the currency because you do not have to stark physical currencies in a place for your transactions and start feeling insecure, and for large transactions,

Read More => https://zycrypto.com/bill-gates-wasnt-joking-said-bitcoin-better-fiat-currency/

Bill Gates and John McAfee are futurist, they can see the positive effect of Bitcoin on our economy and technology. They see the potentials of using electronic currencies as a direct competitor or an alternative of fiat.

Herbert2020

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Quote from: praetor_delius on December 26, 2017, 01:21:27 AM

For some reason I just imagine Bill Gates buying into bitcoin before saying that comment, and then dumping all of his BTC at around $20,000 USD.

It's a funny thought for sure, Bill Gates, a PnD'er?

it is a funny thought because people like Bill Gates don't need the money that such actions can give them. they make that money so much easier with so much less risk in a short time. they don't need to do it with the high risk bitcoin.

and when you remove the monetary goals then you have a free mind to see only the real potential of the technology that bitcoin has. the power of decentralization that bitcoin introduced to us in form of a digital currency which is gaining more support every day.

btccointalk

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Quote from: zycrypto on September 23, 2017, 05:22:43 AM

Recall when bill gates made that statement, he had seen the great future that bitcoin has and how it can help the global financial technology and now the price of bitcoin has quadrupled since he made the comment on bitcoin, as many people came in and saw the great potentials of bitcoin.

Bill gates made it clear that bitcoin is better than the currency because you do not have to stark physical currencies in a place for your transactions and start feeling insecure, and for large transactions,

Read More => https://zycrypto.com/bill-gates-wasnt-joking-said-bitcoin-better-fiat-currency/

Words spoken by experienced and successful people are mostly true because they have achieved a lot not just because of their luck but because of their knowledge and their effort which they put in different sectors.

Dapper

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McAfee over Gates in terms of tech/coding ability, but keep in mind these guys are way over the hill and hardly on the cutting edge any more.

RobertoMakeli

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Quote from: zycrypto on September 23, 2017, 05:22:43 AM

Recall when bill gates made that statement, he had seen the great future that bitcoin has and how it can help the global financial technology and now the price of bitcoin has quadrupled since he made the comment on bitcoin, as many people came in and saw the great potentials of bitcoin.

Bill gates made it clear that bitcoin is better than the currency because you do not have to stark physical currencies in a place for your transactions and start feeling insecure, and for large transactions,

Read More => https://zycrypto.com/bill-gates-wasnt-joking-said-bitcoin-better-fiat-currency/

He just told the truth in nearest future

praetor_delius

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For some reason I just imagine Bill Gates buying into bitcoin before saying that comment, and then dumping all of his BTC at around $20,000 USD.

It's a funny thought for sure, Bill Gates, a PnD'er?

fiulpro

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He does hold a descent amount of power over the mind set of people..well all the people who are unsure about investing in bitcoins do feel a lot more safe when people say something like that and those people who...do hold a lot of power over everyone.
But one should also remember this that a newbie cannot invest that much amount that will make the amount to increase by 4 times, so it was bound to happen.

staker$

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I love donation, BTC: 1P3TzmdoTJGafGWjoezDMudUb5zY

Bitcoin is for investment. Other ideals in a good digitalized-medium of payment like anonymity, lightning transfer and minimal deductions is what Bitcoin lacks, so there are wide array of Altcoins to patch these holes.

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