What does Bill Gates think about Bitcoin?

Bill Gates the billionaire and co-founder of the Microsoft company thinks that Bitcoin is a wonderful technology, through which financial transactions can be made in a more economic way worldwide, benefiting countries with fewer resources, that have poor banking systems .

Bill Gates, a brilliant man

William Henry Gates III, known worldwide as Bill Gates, is the famous computer scientist, philanthropist and American businessman who created together Paul Allen the renowned Microsoft company.

This famous businessman, was born in a wealthy family on October 28, 1955 in Seattle Washington, his parents William Henry Gates II and Mary Gates were responsible for providing an education in the best institutions in the country.

In this same order of ideas, this renowned entrepreneur began his studies at the elite elementary school in Lakeside, Seattle, where he began to show an inclination towards computers.

From programmer to entrepreneur

In April 1975, before completing his studies at Harvard University, Bill Gates, a young programmer of only 31 years, was already a billionaire and founder of the Microsoft software company with his friend Paul Allen.

After a year, this young man decided to leave the university to reside in Albuquerque New Mexico, headquarters of the company MITS (Instrumentation and Telemetry Systems), to agree to the assignment of 50% of the language for Basic computers.

Bill Gates never imagined that after a year his company Microsoft, the company that produces Windows, would grow to the level that he did, which is why he had to move his headquarters to Seattle.

Windows, the most used operating system worldwide

For the year of 1980, the president of the Microsoft decided to meet with the members of the board of directors of IBM, in order to sell their operating system MS-DOS, since IBM needed this system to compete with the Apple.

Also, this renowned businessman legally got the technology of the graphic environment and the mouse, which prompted him to launch Microsoft Windows to be the direct competition of the Macintosh.

This American entrepreneur has revolutionized computing with his constant inventions, replaced the MS-DOS with a new graphic interface, focused on multimedia media especially in relation to the educational field, among other advances.

That is why today, Microsoft Windows, in all its versions, has been the operating system most used by computers worldwide.

Bill Gates has demonstrated his talent to the world in his multiple computer programs, for this reason during the government of George Bush was honored when receiving the National Medal of Technology, where the importance of his creation is recognized.

This businessman decided to dedicate himself to the foundation he created with his wife Melinda French, offering jobs and helping many people around the world.

The cryptocurrencies

A cryptocurrency is nothing more than a means of digital exchange, with which it is possible to make financial transactions with other countries, the first cryptocurrency in the market was Bitcoin, this is the same as any other currency such as the Euro or Dollar, with the difference that is digital and decentralized.

Thanks to the arrival of the cryptocurrencies, a new, safe, free and autonomous economic system was implemented to carry out international and / or national financial operations.

The arrival of Bitcoin

The Bitcoin (BTC) was a proposal designed to make virtual transactions a feasible reality, this is because digital operations such as purchases, business, payments and / or collections were extremely expensive transactions when national currencies were used as a means.

Among its benefits it can be mentioned that transactions are executed quickly and under anonymity, the Bitcoin network achieved its objective of being the most economical platform in comparison to the other financial entities (banks) and its monetary unit can be exchanged for goods, services or any another currency

Bill Gates and the Bitcoin

Bill Gates referred to Bitcoin as a wonderful technology where it is highly profitable to execute transactions from one place of the planet to another, since generally the cost per transaction is 5% in relation to the value of the same.

He also exclaimed that the use of Bitcoin benefits countries that present deficient banking systems, indicated that the system is better than conventional currencies, however, its structure must be improved, since the one that possesses a limit amount of monetary units will be counterproductive to long term.

The creator of Microsoft said that in its foundation works with digital money, only that this does not belong to the Bitcoin platform, but mentioned that it is a great strategy for countries with declining economic systems, however, did not recommend, nor criticized the investment On the platform of the cryptocurrency, Bill Gates belongs to the group of billionaires who have an impartial position in the face of the Bitcoin phenomenon.