Post
Topic
Board Bitcoin Discussion
Re: Why is Bill Gate against investing into bitcoin?
by
lamadu3
on 25/07/2018, 17:34:01 UTC
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?

People like him already have a lot of money and maybe they think crypto currencies are too risky to invest. I think that they are afraid to adopt new technologies.