Bitcoin News in Review: Bitcoin Price, Bill Gates, JPMorgan, and More
Welcome back to another Bitcoin News in Review, where we feature some of the top stories of the week here on CryptoCoins News. This week (28 September - 5 October), we saw a huge drop in the bitcoin price, Bill Gates praising Bitcoin technology, a cyberattack against JPMorgan Chase, and more. Keep scrolling for this week's News in Review. Also read: Bitcoin News in Review: PayPal, Butterfly Labs, Goldman Sachs, and More. What's Happening to the Bitcoin Price? At the time of this post, 1 bitcoin is valued at $298, just slightly below $300. This is a substantial drop in price from just a few....
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Bill Gates has updated his stance on Bitcoin since calling it simply a "technological tour-de-force" months ago. Earlier today, speaking with Bloomberg TV's Erik Schatzker, Bill Gates admitted "the Bitcoin technology is key." Earlier today, Bill Gates gave the final speech at SIBOS 2014, the annual SWIFT banking conference held this year in Boston. The Gates Foundation recently pledged $50 million USD to fight Ebola worldwide. In his speech, Bill Gates shared his vast well of experience with the Bill and Melinda Gates Foundations' efforts to combat financial inequality around the world.....
If you're reading this, there's a chance that you might already think that Bitcoin is an exciting new technology. Now, Bitcoiners around the world can feel just a little more vindicated in their opinion as it has been backed up by none other than Microsoft founder and philanthropist technologist extraordinaire, Bill Gates. Bill Gates has been known for decades as a visionary pioneer that tries his best to keep abreast of new technologies whether or not his projects are personally involved or not. Bill Gates Answers the Bitcoin Question, Again. In a recent Reddit Ask Me Anything (AMA), Bill....
Microsoft co-founder Bill Gates says crypto is an asset class that is 100% based on the Greater Fool Theory. The billionaire also mocked Bored Ape NFTs, stating: “Obviously, expensive digital images of monkeys are going to improve the world immensely.”
Bill Gates on Crypto and NFTs
Microsoft co-founder Bill Gates talked about cryptocurrency and non-fungible tokens (NFTs) at this year’s Techcrunch Sessions: Climate 2022 event Tuesday.
Referring to the Bored Ape Yacht Club NFTs, Gates sarcastically said: “Obviously, expensive digital....
Microsoft founder Bill Gates is no longer a bitcoin bear. He has now taken a neutral stance on bitcoin as an investment. However, as an innovation, he says that cryptocurrency is one that the world would be better off without because it allows for certain criminal activities. Bill Gates Changes His Mind About Bitcoin Bill Gates spoke about bitcoin and cryptocurrency in two separate interviews Thursday. One was with CNBC where he was asked what he thinks about bitcoin “in the context of climate change seeing how bitcoin takes an enormous amount of energy to digitally mine.”....
Microsoft co-founder Bill Gates has explained why he does not own any bitcoin or other cryptocurrencies. “I like investing in things that have valuable output,” Gates said, adding that crypto is “not adding to society like other investments.” Bill Gates on Crypto, and Why He Isn’t Investing Microsoft co-founder Bill....