Duh! Do you realise something? There is a very easy way to short bitcoin for big money investors. That is why futures were introduced in the first place...
So what does this statement mean then. Do you really believe that Bill Gates is that uninformed or ignorant?
Of course not... He and his buddy Buffett are just on a mission to seed some FUD. Their recent comments show clearly a hidden agenda.
It means they are seeding FUD. "Don't buy Bitcoin, it is dangerous and immoral garbage only used by criminals"
It also means we are still in stage two.
Here are the 3 stages of new disruptive technologies again:
Laugh at it (people using it are stupid)
Fight it like it is the devil himself (governments and investment gurus issue warnings, controlled social media bans it)
Accept it, because it can no longer be denied (mainstream adoption, government wants its share of the pie)
The same happened at the early stages of the internet (and related first mover companies) and the "wireless" related companies. There are probably a lot more examples for theese stages.
But it also means, that they are likely afraid. Very afraid, that some currency that they can't control is going to be more popular than their beloved "shitcoin" fiat Dollar.
They know that they can't stop it, so they just try to delay the success of cryptos for as long as possible...
Bill Gates would short Bitcoin if there was an easy way to do it......
