This week, billionaire investor and Microsoft founder Bill Gates had controversial remarks on cryptocurrencies, claiming that bitcoin has caused deaths in a direct way.
Gates said:
The main feature of crypto currencies is their anonymity. I don’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 crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.
False argument 1: Anonymity is the main feature of cryptocurrencies
Anonymity is definitely not the main feature of cryptocurrencies and for the past 9 years, bitcoin has been criticized for its poor privacy. Bitcoin is transparent.
Before Bitcoin and cryptocurrencies there was deaths and so was money laundry and drug dealing, there have been government robbing its people by taxation.
So Bill must just stick to his microsoft !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very correct
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit