Cryptocurrency allows for criminal activities, it is good to get rid of it: Bill Gates

  This is a pure fool's investment of the greater fool theory 'Bill Gates

This is a pure fool’s investment of the greater fool theory ‘Bill Gates

In a recent interview with the Wall Street Journal, Gates objected directly to the cryptocurrency and digital assets.

  • News18No
  • Last Updated:February 19, 2021 11:03 PM IS

New Delhi. Microsoft co-founder Bill Gates believes that cryptocurrency paves the way for some criminal activity and it would be better to get rid of it. As reported by Market Street Watch, in a recent interview with the Wall Street Journal, Gates objected directly to the cryptocurrency and digital assets.

The Indian government has already expressed its strong stand regarding cryptocurrency, while the leading technologists also believe that cryptose is prone to misuse by hackers and is used for money laundering.

In an old interview given to CNBC two years ago, Bill Gates said, “I don’t have bitcoin.” I’m not a small bitcoin, so I’ve taken a neutral approach. “Gates said,” I think there is a possibility of moving money more digitally and reducing transaction costs.

Also read Electric cart will be mandatory for government officials and ministers Nitin Gadkari suggestedGates, who has a net worth of $ 123 billion, made him the second wealthiest person in the world, he believes “Bitcoins can only go up or down depending on the craze or whatever the views are, and I don’t have a way to predict how this will progress.” Gates even went on to say that as an “asset class”, you can Are also not producing and therefore you should not expect that it will go up. This is a pure fool more and more foolish principle ‘investment. “



Leave a Reply

Your email address will not be published. Required fields are marked *