Bill Gates: Bitcoin Is DOOMED

Bill Gates not too long ago described Bitcoin as a mania, whereas Constancy’s Director of International Macro has revealed why he believes might rise exponentially in worth. Who’s proper? Let’s focus on.

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00:00 Introduction
01:22 Bill Gates’ Ideas
05:49 Is Bitcoin A Mania?
06:56 Jurrien Timmer’s Response

I am Tom. I graduated college and realised I spent 4 years learning one thing I wasn’t enthusiastic about… I do know, I most likely ought to have realised a bit sooner. So I’ve spent the years since pursuing my true ardour; educating individuals about private finance and investing.

I am not the perfect on digital camera however, in case you can overlook that, I hope to show you in regards to the necessary ability of finance with 2 movies per week; on Tuesdays and Fridays. Observe alongside for the journey 🙂

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This isn’t monetary recommendation. The speaker isn’t a professional monetary advisor. These movies are meant for leisure and normal data functions solely. Nothing herein shall be construed to be monetary, authorized or tax recommendation

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  1. Bitcoin should not be a investment or a asset. A investment give somethings back and a asset you would not to get higher. Do you want all the bitcoin in the world or do you want all the gold in the world? If bitcoin is so great why does people want it go higher?…Isent it better that bitcoin go to 0.0001 so you can buy them all?…As a currency it might work. Its good if you want to buy drugs and other stuff….

  2. BTC's price has been fluctuating lately, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding.
    The good thing about the space is that you can buy the dips and put them into active trades, while confidently waiting for a pump in price because it is inevitable.
    Most people do not understand how the space works. Your advantage is understanding , Charts won’t guarantee what an asset is going to do.
    Prices will go up or down. Nevertheless, the market has been so profitable despite price ups and down.
    I've always played safe implementing trades with insights and signals from a renowned trader, Mr Ryan Donald. I made 8.5 BTC from the recent crash in the market last week.

  3. Great video really. Also i agree with your opinion, For the newbie if you are actually trading in the crypto space and you don't have a sound mentor. Then you are certainly going to get liquidated in 90% of your trades. Yeah that's the sad truth. For a start you need a good and experienced hand to guide you. Trust me, trading isn't difficult as we see it. With the right Signals and guide, you can earn hugely monthly.

  4. I recently commented on BitCoin. I watched the pro and cons, however, is too risky for my blood, I would not touch it. However, depending on your risk level it might be worthwhile.

  5. he is right … everyone said bitcoin will pass 100 k , did not … its at under 40k … the fact that a tweet can change the value 10-20% should speak for itself of how reliable it is. it also was supposed to be independent of curent fiat stuff and not affected by it , but if the stock market is hit, bitcoin is hit. untill a real use will be found for it it still remains a gamble … you can own 300000000000 mil dollars in bitcoin, if your internet goes down for a week you can consider yourself poor since you cant get at that money


  7. I don't care what Bill Gates says, and I don't care about what "fan boys" say. The simple fact is the electricity and overall power consumption makes it unsustainable, and it is increasing becoming more centralized by the limited number of "mining Server Farms" and Bitcoin and those mining centers is owned primarily by the CCP. The only ones pushing all this so hard are those who bought the majority of shares in these digital currencies through private auctions of "seized cryptos" for over a decade now by such as the US Gov. Its also because of these "cryptos all the costs of GPU/Graphic Cards have been ridiculously jacked up and NOT because there is a shortage. Furthermore its becoming more centralized than not regardless if its Bitcoin or some other name. Plus the majority are blatant scams.

  8. Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating.

  9. Another awesome video!❤️❤️Am investing money in crypto now with the help of Mrs Sarah, this new price is a clear sign for new investors to come in
    She is legit and her trading strategies works like magic✅✅…

  10. As i don't like BG, i tend to do the opposite of his advises. So i put my confidence and my money in BITCOIN because it is producing some unvaluable things, spiritual goods, such as LIBERTY, EQUALITY, BEAUTY, TRUTH.

  11. It is estimated that over 40,000 to 300,000 people have made a massive one million dollars in bitcoin pending on the type of broker involved for every investment to yield earning a professional broker should be involved. Mrs katie wallace is a professional broker who manages,handles and gives guidance on investments to get good profit.

  12. You”ll hear someone say my bitcoin is now worth 60000 dollars! Dollars! You’ll never hear anyone say my house is worth 10 Bitcoins. That says a lot because at the end of the day people only trust dollars as store of value, it’s backed by the US government . What is Bitcoin backed by ? If someday cryptos becomes a threat to the economy the government will intervene, China has.

  13. From a personal point of view I feel crypto and Bitcoin got to be best thing that has happened to the financial market for awhile now. it continues to open room for bulk gains whether in holding or most importantly trading, looking closely at Ethereum it started a fresh rally above the resistance zone against the US Dollar and it seems there is high chance for more upside. and the current trend would reveal the amount of institutes that have embraced the use of the crypto assets to optimal results, thats why i will say ETH is only just in the early stage of a bigger surge. Considering the the bulk return one get from trading than just holding, it might be too late buy an asset while holding but its never late to buy in while trading crypto and with trading crypto i have gained $170K in my portfolio but i didnt do it all by myself but with accurate strategy and signals from an expert trader Brian carruther. With Brian help I no longer have to worry about the rise and dip of Bitcoin, you can easily get to Brian carruther on: Facebook

  14. Bill just wants to please Warren with his comments on Bitcoin. Bill probably owns some Bitcoin but is embarrassed to admit it, so he says I got some for a birthday gift but then I sold it ?? wow what a spineless thing to say. In the background you can hear Warren with that stupid laugh, like they all know something the rest of us don’t. Warren has admitted he knows nothing about Bitcoin, but has no problem commenting on why it’s bad.
    Bill Gates wants to invest in it and I think he see’s the value but is afraid of Warren Buffet not being his friend if he was to say what he really feels. It’s like he’s still that NERD in high school and wants to fit in. No other asset has ever returned what Bitcoin has over the last decade. And in 10 more years when Bitcoin is worth 500,000 to
    1,000,000 or more they will still not confess that they were wrong. If they would just do some research on it they would stop saying it does nothing and the only reason it goes up is because someone else thinks it will go higher so they buy it. How ignorant it is to say that when anyone who has spent at least a 100 hours or more studying the enormous value it is providing for the whole world rich and poor. In 5-10 years when Bitcoin is 10x
    Higher from today, there are going to be a lot of unhappy people who took warrens advice and didn’t buy it. He’s
    Taken a firm position and said it’s worthless and Munger calls it rat poison. These are two guys who say they don’t know anything about it. But don’t buy it??? I use to admire Warren, but he seems to be loosing touch with reality and the world is moving to fast for him, especially to not recognize the greatest technology of the 21st century.

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