Bill Gates Thinks Cryptocurrency Is Killing People 'In a Fairly Direct Way'
In a recent AMA on Reddit, Bill Gates made some very negative comments about cryptocurrency, saying that the technology "causes deaths in a very direct way."
Answering a question about his thoughts on cryptocurrency, Gates said:
The main feature of crypto currencies is their anonymity. I don’t think this is a good thing. The Governments 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.
The reactions to his comments were awesome, with many people pointing out that the US dollar, and even Microsoft itself, is guilty of funding terrorism.
Below is a screenshot of the exchange.
Gates is the most recent in a long line of elitist who have made comments in favor of regulating or outright banning crypto.
Any government in the world would have a serious fight on their hands if they attempted to ban cryptocurrencies, and it would be an extremely difficult policy for them to enforce even if they tried.
If one country bans cryptocurrency, the companies, exchanges, miners and online infrastructure will simply move to another country and the people in that country will still be able to use and access cryptocurrencies using VPN’s and anonymous browsers like TOR.
THIS WAS A STEEMIT EXCLUSIVE!!
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How about cash dollars, everyone seems to forget that cash has a monopoly on drugs and terrorism.
well the market is going to crash but I hope this does not cause any FUD.
Wait, I thought it was guns that were killing people? Or here's an idea, maybe it is actually other people!
Fuck this globalist scumbag, he will be the last person to get on Steem, right after Jimmy Wales.
Highly rEsteemed!
damn he looks old.
that playboy bunny he married must be wearing him out.
Bill gates is a pretty good monopolist.
other stuff...not so much
Gates knows his own wealth is based on globalist control of the economy
actually it's based on the letter "n".
and china took it away from him
and He's PISSED
(it's affecting his mined)
lol Gates is pissed at China -> China has the internet -> cryptocurrency is on the internet...
Gates must DESTROY crypto!1!1!1!
makes perfect sense?
he gets his business plan from the Underwear Gnomes
THAT explains MicroSoft Windows 10!
I am planning on moving to Linux once things slow down a bit...other than the BSOD, Windows 95 was the hight of the OS...smh
I could deal with XP..
after that...meh
I migrated to Apple.
the onliest good thing about apple is that it's not MicroSoft.
This guy...
Then why does Microsoft provide the programming tools to make crypto?
Wow - not surprised, really. If Gates is nay saying crypto, I think it’s a positive sign for us crypto investors. Thanks for sharing!! Following you now! 🙌🏼