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Topic: Why is Bill Gate against investing into bitcoin? - page 4. (Read 3183 times)

jr. member
Activity: 224
Merit: 2
it surprising how person like Bill gate will be against bitcoin probably because he thinks it risky and volatile, but a businessman of such calibre should understand the underlying effects and benefits of taking and not taking business risk, His reasons are not justifiable.
copper member
Activity: 295
Merit: 1
Rich people like Bill Gates do not like to take risk, maybe this is why Bill Gates does not like Bitcoin investment,because Bitcoin is not stable.Its value is never the same.It's like gambling. Bitcoin investment is a big risk,due to the lack of courage to take this risk, Bill Gates likes to invest Bitcoin.
newbie
Activity: 32
Merit: 0
Bill Gates vigorously opposed the cryptocurrency investment, calling Bitcoin a "poison"
Microsoft billionaire and co-founder Bill Gates is incredulous about electronic money and says he wants to bet on Bitcoin if he gets a chance.
full member
Activity: 546
Merit: 100
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?

Because bitcoin is speculating , bill gates already has very much whealth and don't want risk their whealth to something that not sure to get profit.
Also the volume of trade is not high enough to make bill gates interest Cheesy
full member
Activity: 355
Merit: 102
in my opinion bill gates are honest and professional people who I know if billlates until now do ways to develop technology that is not instant, so bill gates reject the existence of instant bitcoin
newbie
Activity: 34
Merit: 0
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
full member
Activity: 518
Merit: 100
As I think, investing in bitcoin is most important as patience and a good strategy for profit. As for the bill, I think he is full of things so he does not want to do business, because he has a lot of money. Talking about him investing so much will make the spirit of day and night distracted and tired by the high and distant thoughts ... this is what people have a lot of money do not like. Angry

His words can differ from his deeds. Probably, he is against Bitcoin but his company is going to sign a contract with Ripple. Yes, XRP is not a real crypto, just the centralized currency but Bill Gates seems to like it.
newbie
Activity: 27
Merit: 0

Perhaps worrying about bad things can happen with bitcoin, for example bitcoin bubbles can break the bad influence on the financial system But that may be just what people worry too far
sr. member
Activity: 980
Merit: 253
Bitcoin existence is like a bubble to some rich persons like Bill Gate so they do not advise people to invest in it because they think they are helping them to prevent them from losing money when it bursts. He may be right totally in his efforts against bitcoin but it may also be the other way round.
member
Activity: 322
Merit: 10
The New Pharma-Centric Marketplace
Bill Gates may well change his mind about investing in Bitcoin just as he had changed his mind many years ago about the Internet. Geniuses can also be wrong, they are people too. I think that it is important for Bill Gates to see the prospect, and when the cost of Bitcoin is subject to stress, this does not benefit the crypto.
newbie
Activity: 60
Merit: 0
In my opinion, such rich people making public statements are not entirely honest with us, because to become such a rich person you need to have a unique brain that sees any opportunity to earn, on the basis of this I can say that they invest money in bitcoin. And they make good money on this, and no one can know whether it is because you know everything anonymously.
member
Activity: 296
Merit: 10
As I think, investing in bitcoin is most important as patience and a good strategy for profit. As for the bill, I think he is full of things so he does not want to do business, because he has a lot of money. Talking about him investing so much will make the spirit of day and night distracted and tired by the high and distant thoughts ... this is what people have a lot of money do not like. Angry
jr. member
Activity: 378
Merit: 1
Ask him
He has enough money to stay without any investment until the rest of his life
He has lot of Microsoft stock and he is making business with Buffet and very shady business with Big Pharma so for what he has to invest in btc
Btc is to small fish for him
Well, that's really a reason, he owns a big company, lots of real estate and stock, and he's spent so much time on his career, what he is doing now is resting and resting, money will still fall on his wallet, he does not care too much about a place like bitcoin, there is little or more of an investment, it does not make sense to him. In addition, bitcoin is still in the eye of the government, an outlaw, Bill Gates will not want to stick to the law, every lawsuit will make him lose a lot of money.
newbie
Activity: 56
Merit: 0
 There is no shortage of believers in Bitcoin and its underlying blockchain technology, but when it comes to investing in the cryptocurrency, billionaires  Bill Gates think it's a bad idea. Crazy, even
newbie
Activity: 18
Merit: 0
Hi,

People like Bill gates, Jack ma think BTC is not a suitable method to investing. They are hard workers. But If you can earn money without doing hardworking that's very good. Also BTC investing is a huge opportunity to increase individual wallet because nowadays BTC is highly increasing.

Thankyou.
full member
Activity: 564
Merit: 100
I really do not think so. The world's leading asset owners are very influential in Bitcoin. He is one of the richest people in the world, so there's no reason for him to risk it. He will invest in safer projects but the profits are still huge. Thus, only Bill Gates influenced Bitcoin, and Bitcoin could hardly affect BillGates.
jr. member
Activity: 70
Merit: 4
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?

Most traditional investors do not like bitcoin because of the risks it brings. I love blockchain and bitcoin , it gives us new options for currency reserves. But you know the risk that it brings is very high, the market still exists a lot of negative as fraud, manipulation market
jr. member
Activity: 178
Merit: 1
I've read an article Bill Gates doesn't like bitcoin and cryptocurrency because of his anonymity. he thought that anonymous crypto properties could cause death. this death caused many people to use cryptocurrency to buy drugs like fentanyl (a kind of sedative). so this technology can make death.
but I think we really can't avoid the negative impact of anonymous crypto. but we must not immediately reject crypto just because of this. there are still many benefits that we can get from cryptocurrency. cryptocurrency like a knife if used for good will provide benefits and vice versa. depending on who uses.
member
Activity: 392
Merit: 11
The New Pharma-Centric Marketplace
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?


Will people have different vision and opinion about bitcoin or cryptocurrency and maybe also the most famoust bussinesman in the world Bill Gates have an his own speculation about bitcoin,thats why he against bitcoins because he thinks that its is a bubble and we respect for that there opinion,otherwise i have doubt that maybe they against about crypto because they thinks it is a rival on there personal bussiness.
jr. member
Activity: 154
Merit: 1
he says that bitcoin is a huge fraud. what can we see what he will say when bitcoin becomes the main currency of the world Wink
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