"BILL GATES TALK ABOUT CRYPTOCURRENCIES SUCH AS BITCOIN, ELECTRONEUM ETC"

in #video7 years ago


NEW YORK - The composition of a world-renowned investor will experience insanity in bitcoin, with a few seconds to avoid it "like an epidemic" and others say it's okay if invested.

As quoted from CNBC, Wednesday (20/12/2017), Microsoft founder Bill Gates has not been much discussed about it lately, but he has returned positive in the past.

"Bitcoin is very attractive because it shows the cheapness," said billionaire Bill Gates told Bloomberg in 2014.

"Bitcoin is better than currency because you do not have to be physically in the same place and of course, because big deals, currencies can be very inconvenient," he added.

Crypto-like bitcoin currency can be used to buy goods without standing, meaning less need of a bank. . Higher, but fewer.

Just because it's "better than currency" does not mean Crypto currency will replace the old money. In an interview with Backchannel in 2015, Gates withdrew bitcoin technology is a technology that can "make money move between countries easier and cost down enough".

However, he says that bitcoin will not be the dominant system. As he says we need things that attract the bitcoin revolution, but only a few contain bitcoin.

Currently, bitcoin is already experiencing some problems, including slow and cheap transaction time.

Other experts who deposit bitcoin will not be dominant. It's too fluctuating to be a reliable currency, the "Shark Tank" star and investor Kevin O'Leary told CNBC Make It: "The fact is very unstable-volatility is two-way, everything up and down no one in the Transaction substantive will take that risk.Thus, this is far from the currency.

"However, is it an asset? Yes, it's one of the most successful assets on the planet right now because of this global speculation," he added.

Value is also difficult to implement, because it is very cautious when investing in crypto. "I do not know the value, nor is anyone else," O'Leary said.

"My instability is very difficult for me as an investor to put it in the portfolio, so for me, this is speculation,"


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