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Topic: Bill & Melinda Gates Foundation funds Bitsoko, promotes BTC literacy in Kenya (Read 1162 times)

legendary
Activity: 2660
Merit: 1141
I suggest we wait till Bill Gates shows a proof of his support in the US, where he lives. There's something strange in seeing the man enthusiastic towards BTC in Kenya, while he still have to show the smallest sign of support for BTC in his home country...
Do you want him to funds bitcoin development in US too? There are many people that support bitcoin in US, and bitcoin have began to be a mainstream thing there. Prefer Africa as a place to develop bitcoin than US is a better thing for him and his foundation.
hero member
Activity: 576
Merit: 503
thanks Wences  Cheesy

Heheh. He's quite convincing.

Can you imagine anyone being backed into a corner at a party by Wences and Andreas and still coming out bitcoin-sceptical?
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
I suggest we wait till Bill Gates shows a proof of his support in the US, where he lives. There's something strange in seeing the man enthusiastic towards BTC in Kenya, while he still have to show the smallest sign of support for BTC in his home country...
newbie
Activity: 56
Merit: 0
Seems like Bill Gates finally went from "Bitcoin is good, but not good enough" to fully embracing it.

https://en.wikipedia.org/wiki/Embrace,_extend_and_extinguish
Do you think Bill Gates wants to extinguish BTC? what would he gain from doing so? creating his own microcoin? I dont see it.

I would take the Gates' involvement with a grain of salt. They repeatedly said they want such a digital currency to be "not anonymous", i.e. they want something proprietary; maybe for now they Bitcoin as a stepping stone or a way to prepare people for such a system.

Grow up dude. BITCOIN is not anonymous and wont ever be. This is how the real world works. If you're still hoping the regulation wont kick in and you'll be able to hide with ur btc forever, you might as well sell now and move on.

Didn't he say that's what Bill Gates wanted? He seems to have changed his tune regardless. I think any big name businessman like Gates or even Branson is all good for btc regardless of what they want from it.
legendary
Activity: 3374
Merit: 1824
It's good news to hear that such globally influential person accepts and promotes bitcoin, even if it happens in Africa only.
But, I don't understand why Bill Gates choose Africa for such promotion activity.
He must be aware about infrastructure problems in Africa, and that many people still live there without Internet and electricity, so bitcoin is still not a solution for the masses.
If Gates really wants to help people in Africa, he should first help with basic infrastructure problems there and then promote bitcoin to the masses.

hero member
Activity: 584
Merit: 500
Bill Gates finally is doing some thing that doesn't help him and his businesses? Is there a twist to it that will lead to more microsoft versions sold?

Anyway... i wonder how it will turn out since when everyone there knows that the neighbour is running around with a smartphone full of money then i wonder how people will behave.
member
Activity: 92
Merit: 10
Whether or not Bill Gates himself is an open proponent of Bitcoin, this remains quite good news.
hero member
Activity: 774
Merit: 500
Lazy Lurker Reads Alot
Tell me what good will it do in a country which hardly has internet ...
I see no benefit at all, besides a few for the wealthy people in africa it does not change much, it makes it easier for them rich ones to get funds out of the country... That can bitcoin do very well.
Untill i have seen what this so called good cause does i am not convinced at all
He never said bitcoin is good, as i read his posts he kinda says bitcoin is not the solution for the future.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
Seems like Bill Gates finally went from "Bitcoin is good, but not good enough" to fully embracing it.

https://en.wikipedia.org/wiki/Embrace,_extend_and_extinguish
Do you think Bill Gates wants to extinguish BTC? what would he gain from doing so? creating his own microcoin? I dont see it.

I would take the Gates' involvement with a grain of salt. They repeatedly said they want such a digital currency to be "not anonymous", i.e. they want something proprietary; maybe for now they Bitcoin as a stepping stone or a way to prepare people for such a system.

Grow up dude. BITCOIN is not anonymous and wont ever be. This is how the real world works. If you're still hoping the regulation wont kick in and you'll be able to hide with ur btc forever, you might as well sell now and move on.
legendary
Activity: 1764
Merit: 1007
Seems like Bill Gates finally went from "Bitcoin is good, but not good enough" to fully embracing it.

https://en.wikipedia.org/wiki/Embrace,_extend_and_extinguish
Do you think Bill Gates wants to extinguish BTC? what would he gain from doing so? creating his own microcoin? I dont see it.

I would take the Gates' involvement with a grain of salt. They repeatedly said they want such a digital currency to be "not anonymous", i.e. they want something proprietary; maybe for now they Bitcoin as a stepping stone or a way to prepare people for such a system.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
http://www.coinfox.info/news/2408-bitsoko

Seems like Bill Gates finally went from "Bitcoin is good, but not good enough" to fully embracing it. Im glad people slowly come to their senses and deal with the fact Bitcoin is indeed good enough.

Billy boy Gates actually called BTC a "technological tour de force".
I tad different from "bitcoin is good"
He's been pro BTC for a while dude.
Just saying.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
full member
Activity: 168
Merit: 100
Seems like Bill Gates finally went from "Bitcoin is good, but not good enough" to fully embracing it.

https://en.wikipedia.org/wiki/Embrace,_extend_and_extinguish
Do you think Bill Gates wants to extinguish BTC? what would he gain from doing so? creating his own microcoin? I dont see it.
legendary
Activity: 1946
Merit: 1137
http://www.coinfox.info/news/2408-bitsoko

Seems like Bill Gates finally went from "Bitcoin is good, but not good enough" to fully embracing it. Im glad people slowly come to their senses and deal with the fact Bitcoin is indeed good enough.

them denying the greatness of bitcoin is just for publicity or maybe other reasons Wink but never doubt that they didn't know about if bitcoin is good or not and just realized it!
this is so obvious that they don't wanna be left out.
newbie
Activity: 29
Merit: 0
That is pretty cool.  I think Bill and Melinda Gates are really into making the world a better place.  Opposed to the Bill Gates from Microsoft's early days. 

This could help Africa become more technologically advanced.  I view Bitcoin like NASA.  It gets people interested in Technology and creativity takes off.
legendary
Activity: 1764
Merit: 1007
Seems like Bill Gates finally went from "Bitcoin is good, but not good enough" to fully embracing it.

https://en.wikipedia.org/wiki/Embrace,_extend_and_extinguish
legendary
Activity: 1610
Merit: 1183
http://www.coinfox.info/news/2408-bitsoko

Seems like Bill Gates finally went from "Bitcoin is good, but not good enough" to fully embracing it. Im glad people slowly come to their senses and deal with the fact Bitcoin is indeed good enough.

That doesn't mean he changed his opinion on the subject. When he said that he certainly meant it's not good for the future, as in, it's not certain Bitcoin will be as useful as it is now in 50 years. Otherwise Microsoft wouldn't probably accept Bitcoin Tongue

As for the news, always good when poor, isolated people are empowered in many different ways.

Well who the hell knows what will be useful in 50 years. Also, has he even proposed a better solution than what Bitcoin offers? I dont think so, therefore Bitcoin is good enough and when he said "it isn't good enough" he was wrong.
legendary
Activity: 2660
Merit: 1141
Although there were crime news that related to bitcoin, we hope a famous figure who is developing bitcoin like Bill Gates will change people perception about bitcoin, even the government, so there is no more bitcoin banned country in the world. I'm jealous to Kenya that can develop bitcoin rapidly there, good luck for Africa.
legendary
Activity: 1400
Merit: 1001
he admitted that it's the best solution to help people in those poor country, africa does need something that can help them from the outside like bitcoin

they also talking about banned bitcoin website in russia, i'm surprised that there are still website that are banned in russia, they said that they were going to unban it...
I am quite surprised that Bill admitted his Bitcoin Love so openly. Also it's surprising that he thinks bitcoin is ideal solution for underdeveloped countries.
I am under the impression that bitcoin without internet is somewhat not good enough.
legendary
Activity: 1512
Merit: 1012
http://www.coinfox.info/news/2408-bitsoko

Seems like Bill Gates finally went from "Bitcoin is good, but not good enough" to fully embracing it. Im glad people slowly come to their senses and deal with the fact Bitcoin is indeed good enough.

That doesn't mean he changed his opinion on the subject. When he said that he certainly meant it's not good for the future, as in, it's not certain Bitcoin will be as useful as it is now in 50 years. Otherwise Microsoft wouldn't probably accept Bitcoin Tongue

As for the news, always good when poor, isolated people are empowered in many different ways.
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