Bill Gates Called Bitcoin Dangerous to Users

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Concern over the use of bitcoin was also voiced by Bill Gates. The founder of Microsoft called the anonymous nature of bitcoin can cause death directly.

The purpose of the word Gates is bitcoin is often used by some parties to buy goods that should not. That's what makes bitcoin dangerous.

Currently cryptocurrency is used to buy fentanyl (including sedatives) including others, so this rare technology can cause direct death, "he said while speaking in Reddit AMA as quoted from The Guardian, Friday (2/3/2018).

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Just for information, bitcoin was used to transact drugs. Not only that, with its anonymous nature, the party is difficult to track the circulation of bitcoin.

The condition, according to Gates, makes cryptocurrency different from cash. Therefore, cash can be traced to its use, including there are reserves, such as money laundering or terrorism funds.

The billionaire also said investment in cryptocurrency is a new idea. "I think the speculative nature of ICO and cryptocurrency is very risky," he said when answering questions in the Reddit AMA forum.

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Not just a matter of bitcoin, Gates also had time to criticize about other technologies. The one that caught his eye was the super-fast train, the Hyperloop, which Elon Musk coined.

"I do not think Hyperloop's concept makes sense, it's very difficult to ascertain a system like this," he said. However, the autonomous system can have a positive impact.

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Bill Gates Called Bitcoin Dangerous to Users | Ecency