Bill Gates said something about cryptocurrency that was slammed on social media.
During a "Ask Me Anything" session on Reddit, Microsoft co-founder Bill Gates said that he main feature of cryptocurrencies is the anonymity that is actually harmful.
He said, “The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Governments [sic] ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now cryptocurrencies are used for buying Fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and cryptocurrencies is super risky for those who go long."
According to Bill Gates, cryptocurrency is ‘super risky’ over the long-term
In a response a user named delicanis said,
"Your statement about cryptos is the most stupid thing I've heard in a long time. Acc. to your "logic", windows is responsible for child porn and terrorist attacks plans. I think you should therefore go to prison."
A user named Suuperdad said, "You know what else is used to fund terrorism, buy fentanyl and other drugs? The USD."
Well, it shows that Bill Gates is not a big fan of cryptocurrency.