Bill Gates States Cryptocurrency “Has Caused Deaths in a Fairly Direct Way”

bill gates cryptocurrencyOn Tuesday, Microsoft co-founder and avid philanthropist Bill Gates participated in an Ask-Me-Anything (AMA) session on Reddit, where users of the site present questions on any topic for the billionaire to answer. Among questions of coding semantics and peanut butter sandwiches, one Redditor asked for Gates’ opinion on cryptocurrency. Redditor /u/Askur1337 asked Gates for his take on cryptocurrencies, to which Gates provided several sentences explaining why he has adopted an unsupportive approach to the recent craze. While many may assume that the technology magnate recognizes the massive potential of cryptocurrency, Gates takes a much more pragmatic view on the emerging tech.  Gates suggests

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Lawyers Discuss Challenges Posed by Cryptocurrencies During Divorce

Lawyers Discuss Challenges Posed by Cryptocurrencies During DivorceSeveral lawyers have discussed some of the challenges that arise from cryptocurrency ownership during divorce. The anonymous nature of cryptocurrencies creates the possibility for spouses to accumulate wealth that is concealed from their partner. However, this often can lead to parties searching for “pots of gold” that don’t exist. Also Read: Israeli Supreme Court Forbids Bank […]

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Report: Crypto Miners Bought 3 Million GPUs Last Year

Report: Crypto Miners Bought 3 Million GPUs Last YearMore than 3 million graphics cards have been sold to cryptocurrency miners in 2017, with sales reaching $776 million, a new report revealed. According to a major manufacturer, prices of GPUs will continue to increase in 2018, despite expectations of decreasing demand in the mining sector.   Also read: AMD Increases GPU Production to Match […]

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Digital Currency Group Welcomes Bitcoin-Friendly Bank to the ‘DCG Family’

Digital Currency Group Welcomes Silvergate Bank to the 'DCG Family'This week the ‘bitcoin-friendly’ financial institution Silvergate Bank sold 9.5 million shares that raised a sum of $114Mn USD during the common stock sale. Some of the capital injection was provided by the venture capital firm Digital Currency Group who welcomed Silvergate Bank into the company’s growing list of partners and subsidiaries. Also read: Indians Look […]

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Bill Gates Says Crypto Has Caused Deaths in a Fairly Direct Way

Bill Gates: Crypto Caused Deaths in a Fairly Direct WayOne of the world’s most affluent persons, Bill Gates, appears to have bought in to the rhetoric of popular media and government law enforcement accounts. Recently, Mr. Gates and his wife submitted to a Reddit Ask-Me-Anything (AMA), and Mr. Gates’ gave some unusual views on cryptocurrency.   Also read: How To Regain Control From Nanny Zuck […]

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