trading turds and youre being bitcoin-cli address list left out, he said. Post continues below, blockchain, of course, is tech that provides a secure two-way connection allowing for transactions to be completed without the need of a bank. The three moguls convened over the weekend because they are members of the Berkshire Hathaway board of directors, which held its annual shareholder meeting on May. Like other cryptocurrency bears, Bill Gates conceded that blockchain, the technology behind bitcoin, can be very useful but said virtual currencies are nothing more than crazy, speculative investments. Lacy O Toole cnbc, bill Gates "Bitcoin and ICOs, I believe completely they're some of the crazier, speculative things Gates said. Bill Gates stopped by cnbcs, squawk Box, monday with some strong words for bitcoin and those who believe it to be the second coming. March 25, 2019, 08:42:28 AM (Moderator: Flying Hellfish ) Author, topic: Bill Gates Richard Branson.2 billion investment into bitcoin revolution! Warren Buffett 's, berkshire Hathaway and was speaking from Omaha, Nebraska, where the conglomerate held its annual shareholders meeting over the weekend.
How much money does, bill, gates have in, bitcoin? Bill, gates : I would short bitcoin if I could
Bitcoin and ICOs, I believe completely theyre some of the 0.05 bitcoin cash to usd crazier, speculative things. That he doesnt even while protesting that he wishes he could is telling. It's kind of a pure 'greater fool theory' type of investment Gates said on cnbc's "Squawk Box." "I agree I would short it if there was an easy way to do it he said. with Berkshire's 2018 annual meeting in the books, users can revisit the highlights in cnbc's. Roughly.8 billion has been raised through sales of new coins, or ICOs, since 2016, according to financial research firm Autonomous Next. As an asset class, youre not producing anything and so you shouldnt expect it to go up, he said. Blockchain eliminates the need for a third-party intermediary, such as a bank, by quickly creating a secure, permanent record of a transaction between two parties. Berkshires Bitcoin Bashing Barrage Continues berkshire hathaway buffett bitcoin, during the same interview, billionaire Charlie Munger the vice chairman of Berkshire Hathaway called bitcoin worthless and useless. That is not something I think the world needs.
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