Know what Bill gates Says about Bitcoin?
In an interview with CNBC, Bill Gates says that he is looking at using the technology of virtual money in order to create a global currency. He is also interested in the future use of this technology as a way to provide relief to the poor world. In fact, when asked if he was considering implementing the new technology, he said that he was.
“My thinking has led me to think about how would one go about a digital version of cash,” he said. “So I’m trying to figure out if it would be more secure than what we have now. If you look at the history of it, we did have this problem and the governments came up with a way to do something about it but nobody got it done.”
If you have been paying attention to software engineers over the last couple of years, you know that they are always looking for new ways to increase their profitability. Of course, this is one way that they do this. They come up with ways to make their software more secure and better and to protect their intellectual property, as well.
However, they will be looking at what they are doing as a kind of digital currency. That means, it will be very different from traditional money. Many people feel this is a bad thing because it has a bad connotation to it.
I don’t care. In fact, this is one way that technology is progressing. One day it will be used for something else. There will come a time when it will not even be worth talking about. It will be a piece of information.
This is a good thing, as well, because it is going to be much more secure than the banking system ever was. For one thing, they will be able to block all of the hacking that has happened. You would never get into trouble, for instance, if you were just putting your money online through a bank. However, if you are doing it in the virtual world, then you could find yourself in quite a lot of trouble.
Bill Gates isn’t saying anything negative about digital currency or about the future of it, in general. He simply feels that it’s a better idea to have something that can be secured online instead of in physical form. He feels that people won’t mind, either.