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Topic: Why is Bill Gate against investing into bitcoin? - page 11. (Read 3175 times)

newbie
Activity: 168
Merit: 0
The key feature of pre-coding is that users can hide their names. I think this is why BILL GATE does not like investing in bitcoins and if he invests in bitcoins then he realizes its value of bitcoin
full member
Activity: 501
Merit: 147
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

There's no need to invest in Bitcoin  because Mr bilgates is the number one Richiest man  in the world for a long time because of their business which is Operating System that really useful for every computer in all over the world
 So I think Mr bilgates given the opportunity to ordinary people like us to use Bitcoin.
newbie
Activity: 210
Merit: 0
пoтoмy чтo oн eгo eщё нe изyчил, нeмнoгo oпacaeтьcя
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.
Rich people, because only riches wanted to be richer, they only wanted things to be in favor of them. His reason might be for personal interest, for rich interest. But there is nothing for him to be afraid of because as we can see the bitcoin can give us benefits where as not only rich will be the beneficiary but at the same time also poor people who wanted to have a better life. And that is the bitcoin can help to people, it can help im eradicating the poverty around the world which was the number one problem of our world.
newbie
Activity: 112
Merit: 0
its not against it based on my own understanding, just thinking of the risk involved in it, when the bitcoin is regulated, trusted, he will revert all his negative statement.
jr. member
Activity: 252
Merit: 1
I think Bill Gates' opposition to investing in bitcoins is his own. I think he would have given me something new or a potential coin
newbie
Activity: 168
Merit: 0
 He might have invested and no one will know since  Crypto currency is decentralized whereby we would not be able to trace if someone own the asset.
newbie
Activity: 320
Merit: 0
Maybe he specifically said it, so that the price did not rise sharply, but in fact, quietly buys bitcoins at a low price)?
full member
Activity: 385
Merit: 100
Where does such information come from that he does not invest?) In my opinion, almost all the rich and successful people of the world bought the crypto currency and probably already earned it ...
hero member
Activity: 1890
Merit: 831
I think it's mainly due to stability since in 2017 we saw such a huge gain in price of Bitcoins and due to which many people jumped on the bull trying to buy Bitcoins and suddenly it fell to 1/3 Rd of it's highest value and kept going down which caused many people to loose their money in Bitcoins and the over all stability was disrupted , since there are no regulations on bitcoins that means people can usually buy and sell in whatever way they want and sometimes it's self destructive, people when the price was falling encashed and it caused the price to fall down further therefore it caused a huge chaos in everyone's lives who had a lot invested in it , this is essentially something that is hard for people to face and even harder to accept therefore I think that's the reason why he choosed to say bad about bitcoins also it's a personal opinion not that we can really know the reason why he said that.
full member
Activity: 1442
Merit: 108
If I had to choose an advice from Bill gates and Warren Buffet, I will choose it from the former. Even if it is an investment advice, I will trust Bill Gates only as he has so much experience of the tech. He has spoken in favor of blockchain also which is a good. He is mainly concerned regarding the anonymous nature of bitcoins which is indeed a valid concern. A person like him will evaluate an investment from all angles like future legal problems.
newbie
Activity: 84
Merit: 0
The volatility of the bitcoin is probably the reason. Much like warred buffet, they are not willing to risk their money to something that is not stable yet. They are really careful where they put their money that's why they have so much now.
legendary
Activity: 1526
Merit: 1179
Bill Gates says that blockchain is a stupid theory and can make our assets die.
I'm not quite sure what your source of information is, but it's wrong, very much so. Bill Gates actively expressed his interest in the blockchain itself, which could change certain aspects of the world economy for the better

It's Bitcoin that he doesn't seem to be a fan of, or at least not anymore. There was a video circulating in which he was mildly praising Bitcoin for what it brought to the world, but somehow he changed his opinion.

Maybe that Warren Buffett has got to his mind, but it's quite interesting actually. What in the world could make him change his view on something so dramatically? It's not that you can bribe him, he'll just laugh his ass off.
sr. member
Activity: 1150
Merit: 260
☆Gaget-Pack☆
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
You have to put your self in Bill's shoes emphatically, in order to understand the mindset of a man who already has all the money and resources in the world.
     From that perspective, maybe Bitcoin could be considered as fools gold to some, due to it's high volatility and decentralization.
   
newbie
Activity: 154
Merit: 0
Volatility and decentralization is I think the main reason why bill gates and other people hesitant to accept bitcoin in their life. We know for the fact that price moves from nowhere as we observe it was due to supply and demand law but still can't pinpoint directly to this law because we don't speak any product here to hold and spent. The coin that we dump to the market are keeps by other by simply buying our dump coin.
full member
Activity: 1210
Merit: 100
bill gates say that the anonymous nature of blockchain technology owned by crypto as a base system that can have a bad effect. he says that bitcoin sometimes a facility for criminality. he also said that investing in ICO is a bad idea, very speculative and can pose a big risk.

but you have look at the Charles Hayter statement as CEO of Cryptocompare, he says that bill gates tell the truth, crypto always gets access in the black market, but the bad trend will be overcome with crypto regulation in the digital business. Hayter also said that the dollar also has the same risk with the digital currency.
member
Activity: 560
Merit: 11
I think bill gates have the same reason with warren buffets, their reason is that bitcoin only manipulation, and bubbles.

Bill Gates says that blockchain is a stupid theory and can make our assets die.

if we see, that youth dominate the crypto market.
full member
Activity: 2548
Merit: 217
Only bill gates can answer your question why he is until against investing in bitcoin or in crypto in opinion i think he want to stand his thoughts. But i remember since start herein community my inspiration are the thought of bill gates he said nobody can stop bitcoin. Hope he turn back again his thought about bitcoin are hope of everyone to get better life in the future.
member
Activity: 115
Merit: 10
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
Well, most people who are against investing in bitcoin do not understand or have little or no knowledge about cryptocurrency or bitcoin to be specific. Change is also one thing most old folks have difficulty accepting if it doesn't look similar to what they are used to.
jr. member
Activity: 70
Merit: 1
Best horror story made oops by Bill Gates about Bitcoin well because of future in 2020 Bill Gates approve Bitcoin for sure Bill Gate is very smart girl and maybe oh sorry he is not a girl is a smart guy  Roll Eyes
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