RE: Bill Gates says he would short Bitcoin if he could find an easy way to do so
Bitcoin, not cryptocurrency. I agree Bitcoin offers limited utility and is just digital gold. This isn't the same as blockchain, or cryptocurrency.
Steem is "blockchain technology".
Monero is "cryptocurrency".
Bitcoin is "Bitcoin or digital gold".
The problem is Bill Gates threatening to short Bitcoin is bad for the ecosystem. The ecosystem isn't JUST Bitcoin but if Bitcoin is shorted it negatively impacts Steem, EOS, Ethereum, actual projects trying to provide utility will be negatively impacted in the short term.
The ideal situation to happen is a decoupling from Bitcoin. If Bill Gates shorts Bitcoin then in a decoupled ecosystem the money will flow to Ethereum or Steem or something which does provide utility. In that case if the ecosystem were robust enough, I would agree with Bill Gates doing the short.
Short Bitcoin if it will make the money flow to higher utility blockchain technologies.