Re: Bill Gates opinion about Cryptocurrency

Quote from: vit05 on February 27, 2018, 10:36:06 PM

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The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.

https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/dux49ll/?utm_content=permalink&utm_medium=front&utm_source=reddit&utm_name=IAmA

I think with over a thousand cryptocurrencies on the crypto market all with a different purpose I honestly see this to be partly true and I really appreciate Bill Gates contribution towards todays technology and he might be right to say some could be used by terrorists but digital currencies are as good as fiat when it comes to this area of concern.