Gates Says Anonymity Is the Key Characteristic of Cryptography | Long-term Speculation Is Dangerous

According to foreign media reports, crypto currencies such as Bitcoin were extremely hot last year. For Bitcoin, the price at the beginning of the year was less than US$1,000. At the end of the year, it exceeded US$14,000, approaching US$15,000, and at the most, it was once over US$20,000. .

Cryptocurrency

However, after last year's escalation, cryptocurrencies have also raised concerns among regulators and some financial and tech-savvy people. Former Federal Reserve Chairman Alan Greenspan, stockholder Warren Buffett and others have expressed their concerns about cryptocurrencies such as Bitcoin, Microsoft The company co-founder Bill Gates also published his views on cryptocurrency recently.

In participating in the social media site Reddit's Ask Me Anything, Gates said that the main feature of cryptocurrency is anonymity, but he does not think this is a good thing.

Like other financial professionals and technocrats on cryptocurrency concerns, Gates also agrees with the risks of cryptocurrencies. He believes that speculation on cryptocurrencies for a long time is very dangerous.

Gates is not the first super-rich man to worry about the cryptocurrency. In January of this year, personal wealth was only second to Gates’s stockholder Buffett. He said that he does not understand Bitcoin and cannot understand other blockchain-based digital assets. He also vowed never to invest in cryptocurrency.

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