Bill Gates: Bitcoin Could Cause Death

in #billgates8 years ago

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Microsoft founders like the negative side of digital like Bitcoin, which he actually said did not immediately bring death to the owner.
In an interview, Bill Gates said the anonymous nature of blockchain technology as a basis for cryptocurrency could have a very bad impact.
"The main feature of cryptocurrency is its anonymous nature, which I think is not a good thing because it can provoke more criminals, terrorism, and tax breakers," he said.
In addition, the benefits can also provide a very fitting effect for make, one of which is himself.


"Currently, cryptocurrency is used to buy fentanyl (a type of painkiller) and other drugs, so it can be said this technology can cause death directly," he said, as quoted from The Guardian, Thursday (1/3/2010) . ).
The phrase was for no reason. The popularity of one of the world's leading cryptocurrencies, Bitcoin, can not be separated from the receipt of the digital currency as a method of payment at Silk Road, a black market on the web that sells drugs and illicit goods and services.
Silk Road itself has been closed by the FBI in 2013.
In addition, he also believes that investing in digital currencies is a bad idea. According to him, the ICO (initial coin offering) on ​​cryptocurrency is highly speculative, giving rise to a bigger risk.
Even so, Charles Hayter as CEO of CryptoCompare says that Bill Gates is true true, but a little naive.
"Cryptocurrency is naturally access for first use in the black market, but the trend is changing the direction of legitimacy of the digital business," he said.

"The dollar also has its own portion in delivering tablets to death, and will continue like that.We should look beyond the potential of this system," Hayter concluded.

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