One interesting aspect about Gates’ negative comments is that he actually praised Bitcoin years ago. For example, he told CNBC in 2014 that it was “better than currency”. He elaborated that it showed how “inconvenient” fiat currency could be when it comes to “large transactions”. Bitcoin is better than currency in that you don’t have to be physically in the same place and of course for large transactions currency can get pretty inconvenient. – Bill Gates Indeed, decentralized blockchain technology (which constitutes the heart of Bitcoin and other cryptocurrencies) allows the instant transfer of value using a trustless peer-to-peer network. Cryptocurrencies like bitcoin can be used to buy things without a middleman, meaning there’s less need for a bank. While the traditional banking system can charge high transaction fees, bitcoin can allow global transactions to take place at a lower cost. Just because it’s “better than currency” doesn’t necessarily mean cryptocurrencies will replace old-fashioned money, […] Bill Gates: Digital Currency Will Help Those Who Live in Poverty The co-founder of Microsoft Corporation and one of the world’s richest men Bill Gates shared his thoughts regarding financial system, digital currency, human resources and poverty. "Bitcoin is better than currency in that you don't have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient." So what, if anything, has changed? Well, arguably not that much. In 2014, Bill Gates was speaking about Bitcoin as a transactional currency, and more specifically about the fact that Bitcoins (in comparison to money) can be ... “Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient,” Nonetheless, most people find anonymity as Bitcoin’s dynamics of financial freedom, decentralization, and control against dystopic policies.
[index]          
Know why crypto-currencies are better than currency. Why they are the future? Join Now: http://goo.gl/Nbvbpq. In this short interview clip, Bill Gates says that "bitcoin is better than currency" - because it is cheap, instant and electronic. Check out these 2 full interviews of Bill Gates discussing Bitcoin and his thoughts. In this short interviews, Bill Gates says that "bitcoin is better than currency" - because it is cheap, instant ... The World's Richest Man Bill Gates is very positive on Bitcoin. Let's see what Bill Gates Think About Bitcoin and Its Future. In his recent interview, he said that Bitcoin is better than currency. Bill gates "Bitcoin is better than currency" Piffy Coins. Loading... Unsubscribe from Piffy Coins? ... We’re not ready Bill Gates - Duration: 8:37. TED Recommended for you. 8:37 . How to ... Claim your free bitcoin: http://www.bitcoinaliens.com/AlienFaucet/ In this short interview clip, Bill Gates says that "bitcoin is better than currency" - bec... Bill Gates Interview Bitcoin is Better than Currency. Sunday Service - Will the industry survive a 96% drop in sales, are electric cars still cheaper Bob Flavin 228 watching Live now Bill Gates says "BITCOIN is better than currency" Bill Gates is investing a lot of money into Bitcoin and Bitcoin mining. HOT! HOT! HOT! NoLimitCoin NLC2 Fantasy Sports Crypto Coin on it's way to ... Bill Gates Interview The Strongest Believer Of Bitcoin is Better than Currency NOBODY CAN STOP ITS Bitcoin Quotes By Bill Gates and Richard Branson Best Bitcoin Wallet Click Here https://goo.gl ... Oil change scams: Hidden camera investigation on what really happens to your car (CBC Marketplace) - Duration: 21:09. CBC News Recommended for you