In a recent AMA on Reddit, Bill Gates made some very negative comments about cryptocurrency, saying that the technology "causes deaths in a very direct way."
Answering a question about his thoughts on cryptocurrency, Gates said:
The main feature of crypto currencies is their anonymity. I don’t think this is a good thing. The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies 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 crypto currencies is super risky for those who go long.
The reactions to his comments were awesome, with many people pointing out that the US dollar, and even Microsoft itself, is guilty of funding terrorism.
Below is a screenshot of the exchange.If one country bans cryptocurrency, the companies, exchanges, miners and online infrastructure will simply move to another country and the people in that country will still be able to use and access cryptocurrencies using VPN’s and anonymous browsers like TOR.
THIS WAS A STEEMIT EXCLUSIVE!!
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