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Topic: Why is Bill Gate against investing into bitcoin? - page 8. (Read 3183 times)

sr. member
Activity: 1372
Merit: 261
i think main  reason   of bill gates against investing into bitcoin is the  lack of consumer protection cryptocurrencies offer and their vulnerability to misuse continue to make the likes of bitcoin a risky investment proposition in the eyes of many. remember that returns of not guaranteed so u could get back less then u invested.
I think its for self purposes why bill gates against bitcoin. Its because we know that he owns billions of fiat money, so why he is going to approve bitcoin? Its obviously that he is going to against bitcoin because bitcoin is a great threat to fiat money. I think that bitcoin can replace fiat currency if we used it as a payment, not now but in the future, because if you used bitcoin as a payment now, you will loose profit when bitcoin price increased.
newbie
Activity: 1
Merit: 0
Finally, Bill Gates came to the value of Bitcoin and other cryptocurrencies
jr. member
Activity: 252
Merit: 1
It is expected that Bill Gate will advice against investment in bitcoin and i can easily see two reasons from his perspective'
The first is the fact that its a largely unregulated market and nothing is guaranteed but another reason could be the fact that he has carved a nitch for himself with Fiat and does not see the need to diversify in this direction cos of the many risks
plr
member
Activity: 1162
Merit: 24
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?
Everyone of us has their own reason, they consider Bitcoin as a big bubble waiting to explode, but until now even though the price is dripping it is not happening, they missed the technology behind it and how we can improve our lives because of this technology, better ignore these people.
sr. member
Activity: 784
Merit: 250
I think, Bill Gates know the potential of bitcoin, the drastic change that it can give to the existing industry. This change is what he is afraid of, incuding the risk it can bring to his multi-billion business.

If you are successful with current situation, would you prefer to have change? That's what Bill Gates have in mind, probably.
full member
Activity: 336
Merit: 101
i think main  reason   of bill gates against investing into bitcoin is the  lack of consumer protection cryptocurrencies offer and their vulnerability to misuse continue to make the likes of bitcoin a risky investment proposition in the eyes of many. remember that returns of not guaranteed so u could get back less then u invested.
full member
Activity: 257
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?
We can never know the actual inside of every human being, so maybe he wants to dump the price in order to enter this market for a lower prices, and nobody knows maybe he's already having a bitcoin portfolio somewhere.
newbie
Activity: 64
Merit: 0
Yes it is right that investing in bitcoin is a very risky game but except this there is nothing negative i find in bitcoin may be Bill Gates find that may create another Bill Gates which he never wants.
newbie
Activity: 176
Merit: 0
I don't know if it will be Bitcoin but he will definitely invest in cryptocurrencies in the future...
newbie
Activity: 112
Merit: 0
Bill Gates is against bitcoin may be he found some thing in bitcoin whice he doesn't like and his thought is his own property. So, if he goes against it there is nothing to do.
newbie
Activity: 14
Merit: 0
Do not blame him. Being a rich man himself, he knows the risk and all involved with some investments  and owing to the virtual nature of these coins, he is not ready to lose a quarter of his life's worth on some things that could turn out worse.
newbie
Activity: 70
Merit: 0
Bill Gates is known to everyone as one of the richest people on earth and this is one of the reasons why he says so about crypto currency, I think he has certain thoughts on how he will apply all this in his company and this will be a surprise!
newbie
Activity: 42
Merit: 0
Every people has their own choice and Bill Gate doesn't find it interesting. And he has a large business so, he doesn't has time to spend in bitcoin i think.
full member
Activity: 714
Merit: 160
He was not interested to invest in cryptocurrency because of he already rich. He thinks cryptocurrency is too much manipulation and volatility and in that case, cryptocurrency being mostly used for crime and any other illegal transaction...

We cannot force everyone to using cryptocurrency, many people has own choice...
newbie
Activity: 61
Merit: 0
due to the fact bill gate not need curently to put money into bitcoin and he see that there is many dangers to invest in btc... this person made massive profits from the conventional financial machine, so he would no longer see Bitcoin as a source of money this is the motive why bill gate now not put money into bitcoin but why againts bitcoin i havn't surely any concept
member
Activity: 139
Merit: 10
The Future Of Work
Sometimes rich people like him against as they dont want lose their money or see rich like them ,sometimes they dont understnad how it works so start to deny.
Yes, We all know that Bill Gates is one of the greatest businessman in the world who invented Microsoft and still the Founder and manager of Microsoft Company. Bill Gates is very rich because of his success in the world of business. He is not believing that investing in Bitcoin can help you to be rich like him. Because for him, through hardwork and intelligence is the most recipe to be the richest person in the world.
sr. member
Activity: 812
Merit: 256
Sometimes rich people like him against as they dont want lose their money or see rich like them ,sometimes they dont understnad how it works so start to deny.
sr. member
Activity: 868
Merit: 281
We will never fully understand the motives of billionaires like Bill Gates. Possibly he has investments in traditional financial instittutions and sees bitcoin as a threat. Another possibility is that he is trying to drive down the price to accumulate it.
jr. member
Activity: 322
Merit: 1
In my opinion, Bill Gates may not be interested into bitcoin since he don't need money anymore because he already had billions of dollars that he had acquired from his business alone. Most likely, because btc is unstable due to it's volatility could be one of his considerations not to invest with it for now.
newbie
Activity: 31
Merit: 0
I don't think that Bill Gates has any bad intention at all. The guy we are talking about here has lots and lots of money than any of us can imagine. This is a pure insight on how sees Crypto and Bitcoin itself.
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