less rich than Elon Musk? Be careful – The New Tribune

The wealthy American businessman Bill Gates has once again expressed reservations about the way electronic currencies work. Taking advantage of an interview with Bloomberg Technology the co-founder of Microsoft made it known that Bitcoin is not stable and could be influenced by the mood of certain personalities such as Elon Musk. The boss of Tesla had in the past succeeded in changing the value of a cryptocurrency just after a publication on the social network of the blue bird. “If you have less money than Elon, be careful”does it have to have you

“I think people are brought into these fads that maybe don’t have that much money to spare, so I’m not bullish on Bitcoin. »he continued. He also makes it known that his mistrust was at the level of the lack of regulation that is observed around cryptocurrency. In particular, he highlighted two aspects which, for him, are essential. He emphasized the volatility of these currencies as well as the decentralization that characterizes them.

Anonymous transactions

For him, Bitcoin promotes a lot of anonymous transactions. Bill Gates goes on to say that while his foundation is heavily involved in digital currencies, he would only use traceable money. Note that this is not the first American public figure to express reservations about electronic currencies. Former US President Donald Trump has never failed to give his unfavorable opinion on cryptocurrencies.

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