Bill Gates Disappoints with his “Rare tech that causes death”
Bill Gates has often refuted he ever stated 640k was enough for anyone but now I am starting to suspect otherwise. In another popular Reddit AMA (ask Me Anything), Bill goes on to suggest Crypto is rare tech that has caused death.
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.
I think you are forgetting Mr Gates, cash remains one of the biggest untraceable sources and motivators of crime in all countries. Comments like these are understandable however as the merely represent similar out of date critiques pushed by the mainstream media.