Bill Gates warns all investors in Bitquin!
By Arab Bit Team on May 8, 2018
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The bitcoin has seen some positive weeks, but this could be about to change again. After the Berkshire Hathaway meeting, there were not a few nice things to say about the world's number one currency. One of them was the co-founder of Microsoft and a member of Berkshire, Mr. Bill Gates.
The CEO of Berkshire Hathaway, Warren Buffett, has criticized the Betquin and other digital currencies in public, and in recent months has also said a number of negative things about them. One of his problems with digital currencies was that they were not productive assets - they were valuable only because investors were interested in them, so he went so far as to say at the annual meeting that "digital currencies come with bad endings." Bill Gates also referred to the digital currencies as "more speculative things crazy," explaining that they:
"As an asset class, you do not produce anything, so you should not expect them to go up. They are a kind of investment exchange ... (I would sell Bitquin) if there was an easy way to do it "
Over the past few weeks, Betcuene and other digital currencies have been doing well, but have fallen again after these comments were made. Now, it is important to note that the market simply takes a breather after a few weeks of success, but on the other hand, it can be all about the fact that these comments have had a negative impact. At the beginning of the week, digital currencies were the best in the red zone, and Betquin fell by 3% in just 24 hours.
The comments made by Bill Gates are particularly peculiar, because he is a technological shrewd, so we expected to see him accept somewhat in these great trends. Many prominent Wall Street figures, including Jimmy Demon, the executive chairman of JPMorgan Chase, have rejected digital currencies because they are not conventional and because they do not see space and space in the current economy. But what Bill Gates said is very strange
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