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Bill Gates: "Bitcoin is an exciting new technology"

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....


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Bill Gates: "Bitcoin Technology Is Key"

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.....

Bill Gates: Bitcoin Highlights the Utility of Digital Money

During an interview onBloomberg TV's "Street Smart" today, Bill Gates responded to new questions about bitcoin and its potential to bring innovation to the payments industry. The technology advisor at Microsoft, founder of the Bill & Melinda Gates Foundation and recently crowned richest man in the world, in turn, provided short and somewhat muddled responses, though Gates addressed bitcoin more specifically than he has in the past. Calling bitcoin "exciting" because of its ability to provide a relatively low-cost transaction network, Gates told Bloomberg: "Bitcoin is better than currency....

Why the Gates Foundation Doesn't Use Bitcoin

Software magnate Bill Gates has again spoken out on bitcoin in his third 'Ask Me Anything' (AMA) session on social sharing platform Reddit. The focus of the AMA was philanthropy and the work of the Bill & Melinda Gates Foundation. As a result, Gates' answer revolved around potential bitcoin applications in charity. In response to the question 'What is your opinion on bitcoins or cryptocurrency as a whole? Also do you own any yourself?' , Gates wrote: 'Bitcoin is an exciting new technology. For our Foundation work we are doing digital currency to help the poor get banking services. We don't....

Bill Gates Responds On Bitcoin: We Do Not Use Bitcoin and Here's Why

Bill Gates got an AMA (Ask Me Anything) on Reddit now and was questioned by dirtbikerr450 on Bitcoin for 3 hours ago. He has recently said that Bitcoin isn't good enough alone. The Reddit user asked: What is your opinion on bitcoins or cyptocurency as a whole? Also do you own any yourself? Bill Gates responds and gives us a more detailed answer: Bitcoin is an exciting new technology. For our Foundation work we are doing digital currency to help the poor get banking services. We don't use bitcoin specifically for two reasons. One is that the poor shouldn't have a currency whose value goes....

Bill Gates: Bitcoin Alone Won't Solve Global Payments Challenges

Microsoft co-founder Bill Gates has said digital currencies could have an impact on global remittances, but suggested that bitcoin isn't the best application of the technology. Gates, speaking with Backchannel before the release of the Bill and Melinda Gates Foundation's annual letter, spoke about a number of subjects, including the role of mobile technology in developing economies and artificial intelligence. When asked about digital currencies like bitcoin and the technology's ability to deliver cheaper global transactions, Gates said he thinks bitcoin will not be the distributed payment....