Post
Topic
Board Bitcoin Discussion
Re: Bill Gates to Bitcoin
by
Phlaser
on 15/05/2018, 16:24:13 UTC
He's only been diplomatic. Guess what! Most of those condemning Bitcoin now just want to float their own digital notes. Their true intention will be thrown open soon.

Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could

Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.”

In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself.

“As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,” he said.

read more, https://cointelegraph.com/news/bill-gates-id-short-crazier-speculative-bitcoin-if-i-could