Bitcoin it would not be anonymous digital money. Gates can bitcoin 2011 lompakko short Bitcoin, but it isn't worth it to him - but the rest of us mere mortals can. So my initial reaction was - sure you can Bill (I did meet him once when I was an intern in the 1980s at Microsoft, and I still think that was pretty cool to this day - but that's another story). Related: Billionaire Entrepreneur Mark Cuban: 'Bitcoin Has 'No Shot as a Long-Term Digital Currency'. Bitcoin is the first application of blockchain technology, and companies are exploring ways to apply blockchain to supply chain management, trading and other areas. Related: The 7 Most Fascinating Things Bill Gates Said in His Reddit Chat. Sibos 2014 financial-services industry conference in Boston, America's richest man just threw his weight behind the controversial cryptocash. 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. Reddit Ask Me Anything (AMA) session. You are at: Home coinbrief altcoin »Analysis: Bill Gates Says "Bitcoin Is Better Than Currency".
It all started last Monday when Bill Gates was"d as saying he would short bitcoin if he could. "As an asset class, you're not producing anything and so you shouldn't expect it to. There is no way to short bitcoin in meaningful size. . Lacy O Toole cnbc, bill Gates "Bitcoin and ICOs, I believe completely they're some of the crazier, speculative things Gates said. At the same time, there is a virtual machine to support the bitcoin behemoth - at least in terms of trying to convert new users and shower praise on bitcoin and come up with eye-catching targets for bitcoin in 6 months, 1 year, or whatever. Gates again reiterated his stance on cryptocurrencies when he delivered the events closing keynote address, in which he stated that, in the future, financial transactions will eventually be digital, universal and almost free. There don't seem to be any restrictions on who can be short (I have to check my notes, I thought at one time there were limitations on who could short - though that may have been at the clearing level - or before bitcoin dropped. Gates and Warren Buffet seemed to make in the interview - that the market cap of bitcoin is absurd.
I agree I would short it if there was an easy way to do it, he said. Gates added someone once gave him some bitcoin for his birthday, but he sold it a few years afterward. Bill Gates expressed deep skepticism about the prospects of bitcoin despite faith in the cryptocurrency s underlying technology. Gates told cnbc Squawk Box journalist Becky Quick on Monday that bitcoin is one of the crazier, speculative things he s seen. Bill Gates, short, bitcoin (Shutterstock) It all started last Monday when.
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Billionaire investor Buffett and his longtime investing partner and vice chairman, Charlie Munger, spoke to the tens of thousands attendees on a wide range of topics, including bashing bitcoin as "rat poison. Even if he was right, he probably makes or loses more every few hours on his existing stock holdings. The entire front contract short interest.1 million. . So the first conclusion is that maybe. The current front contract has open interest of 3,115 contracts or a notional.1 million. After long remaining mostly mum on Bitcoin, Microsofts legendary co-founder Bill Gates has spoken. One email a day for 7 days, short and educational, guaranteed.
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