RATE Group | I would short bitcoin if I could
25789
wp-singular,post-template-default,single,single-post,postid-25789,single-format-standard,wp-theme-bridge,wp-child-theme-bridge-child,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

I would short bitcoin if I could

07 May I would short bitcoin if I could

Posted at 13:36h in Bitcoin News by

[ad_1]

“Bitcoin and ICOs, I believe completely [they’re some] of the crazier, speculative things,” Gates said. He added someone once gave him some bitcoin for his birthday, but he sold it a few years afterward.

Like many critics of the cryptocurrency price surge, Gates did say the underlying blockchain technology had its merits.

Blockchain eliminates the need for a third-party intermediary, such as a bank, by quickly creating a secure, permanent record of a transaction between two parties. Bitcoin is the first application of blockchain technology, and companies are exploring ways to apply blockchain to supply chain management, trading and other areas.

Gates is on the board of Warren Buffett’s Berkshire Hathaway and was speaking from Omaha, where the conglomerate held its annual shareholder…

[ad_2]

Article Source

Tags:
,