Topic: Why is Bill Gate against investing into bitcoin? - page 3. (Read 3175 times)
In various interviews with Bill Gates, we notice that the main reason behind his refusal of Bitcoin and other altcoins is the anonymity of transaction which could lead to boost money laundering and other illegal acts which the governments can't trace.
In my opinion, Bill Gate not hating bitcoin or cryptocurrency, he just warning us to be carefull when we decide invest in cryptomarket. We know that cryptomarket always high volatile and i think he just warn us to keep safe
Some billionaires don't like the idea of bitcoin and its technology, "There is no shortage of believers in Bitcoin and its underlying blockchain technology, but when it comes to investing in the cryptocurrency, billionaires Warren Buffett and Bill Gates both think it's a bad idea." read this interesting article https://www.pcgamer.com/bill-gates-thinks-investing-in-bitcoin-is-crazy-warren-buffett-calls-it-rat-poison/
you're right, besides that the gates bill is also a developer. besides being rich, he also might not see enough good profits in blockchain technology. besides that the company is a developer of hardware technology, and I think this is quite different. 
maybe he is rich or can say you do not want to invest in it very often get a failure that has spent a lot of their pocket money.
Nope, that's not the reason why he's against to bitcoin. Before he is an enthusiast about bitcoin and you know the industry that he's been living with, technology. And regards to this, he is aware of what bitcoin can do in the future.There's a video of him before that says he's a strong believer to digital payments and we can conclude that bitcoin is what he's talking about. He said about tracking the payments too which what bitcoin can do.
https://www.youtube.com/watch?v=r6mOUh_NY8M
I think the bill gates are opposed because there are no laws governing bitcoin and also the legality of bitcoin is still minimal. Bill Gates also understands the risks of bitcoin instability. Maybe that's the reason bill gates oppose bitcoin. But I'm not worried because there are still some who support bitcoin. This is only a matter of dissent. So you don't have to bother thinking about that. That is my opinion.
Bill Gates doesn't like bitcoin because it's anonymous and also understands the risk of bitcoin instability. For this reason, Bill Gates doesn't like bitcoin, but likes blockchain technology that accompanies bitcoin. Even intending to develop the blockchain to progress and improve the efficiency of the company.
There may be many reasons to be against Bill Gate Bitcoin. But I think that the biggest reason for being against Bitcoin is the risk. Because we all know that prices in Bitcoin keep changing all the time. Those people who invest in Bitcoin. They are afraid all the time But I believe we will have to take some risk for earning money.
What Bill Gates says and what he does mustn't be the same thing. He may own some crypto, but even if not, there won't be any problem for him to buy it at any price. So what's the big deal for him?
Some billionaires don't like the idea of bitcoin and its technology, "There is no shortage of believers in Bitcoin and its underlying blockchain technology, but when it comes to investing in the cryptocurrency, billionaires Warren Buffett and Bill Gates both think it's a bad idea." read this interesting article https://www.pcgamer.com/bill-gates-thinks-investing-in-bitcoin-is-crazy-warren-buffett-calls-it-rat-poison/
Do you think he is against?
While he is in fact investing?
What some people in public focus loudly announce may not be what they are doing in fact.
Billy is unlikely to invest anything directly himself, rather he uses a large number of funds and analysts who support his portfolios. bitcoin is too risky for him as for a conservative investor.While he is in fact investing?
What some people in public focus loudly announce may not be what they are doing in fact.
most likely he simply does not trust Bitcoin because of his high manipulativeness and risks associated with investing in it
Do you think he is against?
While he is in fact investing?
What some people in public focus loudly announce may not be what they are doing in fact.
While he is in fact investing?
What some people in public focus loudly announce may not be what they are doing in fact.
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.[Suspicious link removed]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?
Bill Gates said and I quote " Bitcoin is "one of the crazier speculative things". Speculative in this sense means an investment involving a high risk of loss. This is to say that he considers Bitcoin a very risky, uncertain or unpredictable platform for investment that is based on theory rather than knowledge. No one wants to lose his hard earned money to investment opportunity they cannot predict. This may be his reason for not investing in Bitcoins considering how volatile they can be.
Bill Gates said and I quote " Bitcoin is "one of the crazier speculative things". Speculative in this sense means an investment involving a high risk of loss. This is to say that he considers Bitcoin a very risky, uncertain or unpredictable platform for investment that is based on theory rather than knowledge. No one wants to lose his hard earned money to investment opportunity they cannot predict. This may be his reason for not investing in Bitcoins considering how volatile they can be.
I think the bill gates are opposed because there are no laws governing bitcoin and also the legality of bitcoin is still minimal. Bill Gates also understands the risks of bitcoin instability. Maybe that's the reason bill gates oppose bitcoin. But I'm not worried because there are still some who support bitcoin. This is only a matter of dissent. So you don't have to bother thinking about that. That is my opinion.
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?
The great men of the world with their success they are trying to enter a new field as it grows so fast. Bill Gate may have realized the potential of Bitcoin and decided to invest in it. Billionaires around the world are trying to influence Bitcoin and Cryptocurrency because they know that this is the field that will affect the world.
I think he wants to come up with his own cryptocurrency. Since Bill Gates is a little bit too late for Bitcoin, we can't blame him if he say against Bitcoin. Maybe cryptocurrency is already affecting his business.
Bill Gate views digital currencies as too risky for long-term commitments to private investors as well as to institutional investors. Although virtual currency is nothing more than crazy investments, Gates, like many other skeptics, still believes that blockchain itself is a particularly useful technology
most likely, it is the mouthpiece of someone's idea more than big money or a Union of the rich who want to create a new and controlled coin-confirmation in the order of bitcoin.
Microsoft founder prefer to invest technical innovative startups, not in speculative tools.
What do you think about recent invent - futuristic toilet, announced by Bill Gates?
What do you think about recent invent - futuristic toilet, announced by Bill Gates?
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?
Everybody is saying that the number one reason is that he deals in fiats. Also this is mind set. he created something great, maybe its just the competition thing that someone has created something far better?
No matter how great and genuine your concept is there will still be those that will be against it. It will even be those that are respected. Bill gate is respected in the area of cyber technology, normally we were expecting him to embrace cryptocurrency but I think his opinion does not matter to me.
Bill Gates does not need money, he has more than enough, so I don't think he really cares about the Bitcoin.
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