Big Bet - Will Bitcoin Join Gates Foundation on Mobile Banking?
Bill and Melinda Gates Foundation (Gates Foundation) has in its 2015 Gates Annual Letter explained their "BIG BET" of improving lives of people living in poor countries within the next 15 years. This change in 15 years will be faster than any other point in history along the same time span. In this letter, they call for people to join their cause to accelerate the progress and create a big impact across the world. As a part of this initiative, they aim to create unprecedented opportunities to people in poor countries to access education, eat nutritious food and reap benefits from mobile....
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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....
Last month, the Bill and Melinda Gates Foundation awarded bitcoin startup Bitsoko $100,000 to help troubleshoot Africa's now-ubiquitous mobile money systems. The news, which followed a long application process beginning last September, came as a surprise to the team of six, not least because Bill Gates has been publicly skeptical about the future of the payment technology in the developing world. "They [the foundation] had not worked with any other bitcoin startups to our knowledge, so we were really not too sure if they would want to come on and us be their first," Daniel Bloch, Bitsoko's....
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....
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.....
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....