What Do Billionaires Really Think About Cryptocurrency?

Bill Gates

No billionaire on this planet is as popular as the co-founder of Microsoft. In an 2014 interview with Bloomberg, Bill Gates famously said that Bitcoin will change the world and that it’s better than any currency.

He has since retracted his opinion. Now Gates says cryptocurrencies are anonymous, which makes them very risky. In 2018, he told CNBC that initial coin offerings, a means to raise cash to launch a coin, and Bitcoin itself are extremely speculative while the underlying technology – known as blockchain – is not without merits.

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Cryptocurrency Will Shine Through the Coming Chaos

While the U.S. spends and spends and spends its way into oblivion, the eventual result will be inflation. Serious inflation. The dollar will crash, gold will shoot higher and Bitcoin, well, it can only become more scarce and more valuable. There’s a natural ceiling to the number of Bitcoins that will exist — ever. By design, there can only be 21 million of them. Soon, the ceiling will be hit. Now is the moment to get into cryptocurrency. There’s a been a rise of late, but prices are consolidating, setting up for the next leap higher. Grab Keene Little's widely followed cryptocurrency newsletter, Crypto Wealth Protocol completely risk free.
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