Gates jumped down the rabbit hole Tuesday, doing an AMA (ask me anything) on popular news and discussion site Reddit. But crypto also lacks any of the government regulation thats required for large cash transactions, making it feasible for criminals to cash out cryptocurrencies in secret. According to the, bloomberg Billionaires Index, Bill Gates is the second-wealthiest person in the world, with an estimated net worth.1 billion. During the thread, one Reddit user responded to say that fentanyl can be purchased with cash, to which Gates said: Yesanonymous cash is used for these kinds of things but you have to be physically present to transfer it which makes things like kidnapping payments. And 10 years later they became a normal part of everyday life and everyone has one. When Gates delivered his closing keynote address he reiterated his perspective that in the future, financial transactions will eventually be digital, universal and almost free. Bill Gates answered questions from the Reddit hive-mind in one of his periodic AMAs today, and as youd expect from the internet today, the topic quickly turned to cryptocurrencies. To avoid personalized advertising based on your mobile app activity, you can install the. Check out our free Cryptocurrency Mini Course: Bill Gates Bitcoin. If you have any questions about cryptocurrency, feel free.
Bill Gates on Bitcoin: Crypto Has Caused Deaths Fortune Bill Gates on cryptocurrency - Business Insider Bill Gates thinks cryptocurrencies have caused deaths
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In Gates defense, the preface for his argument was that bitcoin was cheap at the time. Although Gates doesnt seem to think that Bitcoin is as much of a fraud as other investors, he thinks it poses significant problems for governments worldwide. Bitcoin is better than currency in that you dont have to be physically in the same place panneau forex blanc and, of course, for large transactions, currency can get pretty inconvenient. Americas richest man actually threw his weight behind cryptocurrency and digital currency in general during the Sibos 2014 financial-services industry conference in Boston. Bloomberg, the price of bitcoin was 371, according to news and research site CoinDesk. Bitcoin Bill Gates Shorting (2018) In this video i go over my thoughts and opinion on Bitcoin and let you know if i would invest or if i recommend investing. EU Data Subject Requests. I look forward to providing you with more info and education from the world of cryptocurrency! It is my mission to education as many people as possible, because learning about what is happening here in time to capitalize on it is simply life changing! Bill Gates likes Bitcoin Watch the following news clip where Bill speaks his mind on Bitcoin and cryptocurrency.
To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. At the event Bill spoke in favor of cryptocurrency as a payments solution. Cryptocurrency will be much the same. Among the topics, Gates was asked for his two cents worth on the world of cryptocurrencies, where he expressed his concerns for what digital assets are used for and how the anonymity encourages illicit behavior, which is not a good thing. It has since appreciated 2,700, most recently trading above 10,500.
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