Post
Topic
Board Bitcoin Discussion
Re: Bill Gates opinion about Cryptocurrency
by
Aliya Taj
on 06/03/2018, 13:26:50 UTC
Quote
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

Bill is right, Dealing in crypto is risky, but we all know the risks involved and those who don't are advised to do their research and find out more. my concern however is, why does critics always focus on the negative perception of cryptocurrency, i mean every technology has its negatives, the internet itself gave birth to cyber crime. Crypto has lots of strengths and i think we should focus more on the strengths than dwelling so much on the weakness.