August 9, 2022

‘I’ve taken a neutral view’ on Bitcoin, says Bill Gates

1200 aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDIvODdhZGYyMmItNWY2OS00NmEyLWI4OGMtMzdmMzk1MTExNTE3LmpwZw

Microsoft co-founder Bill Gates is the latest prominent tech figure to seemingly try to stay out of the fray when it comes to questions about Bitcoin adoption.

In an interview with CNBC’s Squawk Box this morning, Gates said he had neither invested in Bitcoin (BTC) nor wanted to make a prediction on any price movements.

“I don’t own Bitcoin, I’m not short Bitcoin, so I’ve taken a neutral view,” said Gates. “Bitcoin can go up and down just based on the mania or whatever the views are. I don’t have a way of predicting how that will progress.”

“I don’t own #Bitcoin. I’m not short Bitcoin,” says @BillGates. “I do think moving money into a more digital form and getting transaction costs down, that’s something the Gates Foundation does in developing countries.”

— Squawk Box (@SquawkCNBC) February 18, 2021

However, the Microsoft co-founder seemed to imply that many were using digital currency outside developing countries for “tax avoidance or illegal activity.” He said his philanthropy work through the Bill & Melinda Gates Foundation moves “money into a more digital form,” with “total visibility of who’s doing what.”

The comments mirror Title: ‘I’ve taken a neutral view’ on Bitcoin, says Bill Gates
Sourced From:
Published Date: Thu, 18 Feb 2021 15:53:37 +0000