Cryptocoins "Caused Deaths", Bill Gates Says

Co-founder of Microsoft and one of the world richest people is sceptic about crypto
28 February 2018   780

Recenty Bill Gates conducted an AMA session ("Ask me anything") on Reddit. When questions touched upon the crypto currency, he noted that one of the main positive features of digital assets was the ability to track the financing of terrorism and money laundering, but at the same time blamed the new financial instrument for real deaths.

The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.

Bill Gates 

Co-founder, Microsoft

Of course, such a statement caused a violent reaction from crypto-communities. Bill Gates now joined another interesting list.

WhalePanda Twitter
WhalePanda Twitter

It is worth reminding that in 2015, Gates's rhetoric regarding crypto-currencies was much more positive. For example, he surprised listeners in his interview with Jimmy Fellon, saying that bitcoin could significantly simplify the transnational movement of money and significantly reduce the commission, and "bitcoin revolution must be brought closer".

Binance to Spread Crypto Fiat Wings

The list of upcoming jurisdictions was found by the Block
18 January 2019   62

The Block has gained access to the list of jurisdictions in which the largest cryptocurrency exchange Binance intends to launch fiat trading platforms. The latter use technology Binance, but will be separate legal entities.

Alleged Binance New Operation Jurisdictions
Alleged Binance New Operation Jurisdictions

In 2019, the exchange allegedly intends to launch full-scale activities in Malta and in Singapore. At the same time, South Korea, Liechtenstein, Russia, Turkey and Argentina are in the plans.

Note that in October last year, such a platform appeared in Uganda, and just a few days ago - on the island of Jersey.