Updated:06:40 PM EDT Sep 21


this is ggmania.com subsite Bill Gates: cryptocurrencies are killing people - TechAmok

Bill Gates: cryptocurrencies are killing people - [briefly]
05:26 PM EST - Feb,28 2018 - post a comment

Cryptocurrency tends to split opinion. Some people believe in digital currencies like bitcoin and maintain that their value will keep rising, while others call them Ponzi schemes beloved by criminals. After his Reddit "Ask Me Anything" session yesterday, it seems Bill Gates falls firmly into the latter camp. The former Microsoft CEO even said the technology "has caused deaths in a fairly direct way."

When asked for his opinion on cryptos, Gates said their main feature was the anonymity they offer, and he doesn'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 cryptocurrencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way, he explained.


Add your comment (free registrationrequired)

Short overview of recent news articles

Sep,21 2018 All Magicians on Britain's Got Talent 2018
Sep,21 2018 Tesla Model 3 (2018) Frontal Crash Test
Sep,21 2018 Artificial Intelligence: The Robots Are Now Hiring
Sep,21 2018 OnePlus Pushing Android 9 Pie to the OnePlus 6
Sep,21 2018 Samsung Calls It a Day On Samsung Call Stickers
Sep,20 2018 World's First Teardown of the Apple iPhone XS
Sep,20 2018 iOS 12 is now available
Sep,20 2018 Samsung Intros the Galaxy A7 with 3 Rear Cameras
Sep,19 2018 Twitter Adds Ability to Send Replies While Watching Videos
Sep,19 2018 NVIDIA GeForce 411.63 Game Ready Driver
Sep,19 2018 How someone stole $200,000 from me
Sep,19 2018 Mozilla Launches a VR Browser
Sep,18 2018 How To Make a Bulletproof iPhone Case
Sep,18 2018 Apple Turns the Page On iBooks, Now Apple Books In iTunes App Store
Sep,18 2018 Congress Wants to Drop the Hammer on ZTE Should It Mess Up
Sep,17 2018 CAPTAIN MARVEL - Teaser Trailer (2019)
Sep,17 2018 Crash your iPhone with just a few lines of CSS
Sep,17 2018 Google Adds a Dash of AI to Its Sound Search Song Seeker
>> News Archive <<

TechAmok - Privacy Policy        loading time:0.01secs