Post
Topic
Board Altcoin Discussion
Re: Bill gates says cryptocurrency is bad
by
Quas09
on 10/12/2018, 09:02:41 UTC
In his own reddit AskMeEverything page, https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/

He answers about cryptocurrency stating
“The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Government’s 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.”

He isn't wrong in his sense, if the cryptocurrency is to have a future, they should be able to create an environment of trust between themselves and the authorities.


I don't believe to what bill gates said, and i disagree to what he said. He can say all of those things because cryptocurrency now is struggling, but why Bill Gates said that when bitcoin pumps to $10,000? or Ethereum gets $1200? Did you see my point? He can say that because cryptocurrency now is in depression and coins is dumping day by day.