Currency crypto phenomenon aka criptocurrency is currently being a concern worldwide. One of the most prominent figures in the technology world who is also the founder of Microsoft, Bill Gates, woke up from crypto currency like bitcoin.
However, it has a negative view of seeing bitcoin. Gates criticized anonymity in crypto currency, even he uses crypto currency could be the cause of 'death'.
The second richest man in the world participated in a session called 'Ask Me Anything' in Reddit held on Tuesday (27/2). At this event, he was asked about how his views about crypto currency.
Although bitcoin attracts many people, Gates himself thinks bitcoin is not a good thing.
"The power of the government to track money laundering, tax evasion and the balance of terrorists is a good thing," Gates said, quoted by The Telegraph.
Gates also said that crypto currency could be easily used for online drug purchase transactions and has caused death.
"Currently the crypto currency is used to buy Fentanyl and other medicines," Gates said.
He also speculated about Initial Coin Offering or ICO (first coin offer) is a very risky thing for people who will play it in the long run.
Trying to tackle the statement of Bill Gates, one of the Reddit users said that people can also use cash to buy drugs.
His criticism is now enough with what he said about bitcoin technology a few years ago. At that time, he once said bitcoin better than physical money and impressive because it shows how the transaction can be done very easily.
He also once praised the technology behind the digital currency. During an interview at BackChannel in 2015, he said that people should be "the spirit of bitcoin revolution, but bitcoin alone is not enough."
Due to the current unsuitable technology, the Bill & Melinda Gates Foundation partnered with the crypto crypto pioneering company, Ripple, in October 2017 in an effort to help people around the world who can not or can not access the bank.
Digital currency technology is currently popular. The value of bitcoin continues to increase, although it has experienced the end of this.