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Bill Gates on Cryptocurrency
- quickthrower2 9y agoOriginal title: Bill Gates says cryptocurrency is 'a rare technology that has caused deaths in a fairly direct way' I had to shorten the title to fit in, but I didn't want to make the quote incorrect.
- tim333 9y agoThe original Yahoo title is a bit misleading anyway.
- skintor 9y agoHis main point about causing death is that due to increased anonymity (presumably with Monero) people can get away with spending money in an unregulated, unpoliced manner. Companies like Microsoft do this all the time. What about all the lives that would be saved in hospitals with all that tax revenue? http://www.independent.co.uk/news/business/news/microsoft-avoids-paying-100m-a-year-in-uk-corporation-tax-a7089931.html http://www.independent.co.uk/news/business/news/microsoft-av... https://www.businessinsider.com.au/apple-microsoft-avoids-taxes-loopholes-irs-2013-1?r=US&IR=T https://www.businessinsider.com.au/apple-microsoft-avoids-ta... http://www.news.com.au/finance/money/tax/google-slugged-in-3-billion-ato-crackdown/news-story/74497d670adfa8f68a4c1b456bd21e91 http://www.news.com.au/finance/money/tax/google-slugged-in-3...
- tim333 9y agoYou've got to look at the benefits as well as costs of technology. Microsoft stuff can be quite useful.
- sametmax 9y agoGiven microsoft has been corrupted officials for decades (last update being http://techrights.org/2016/02/15/microsoft-bribing-officials/ http://techrights.org/2016/02/15/microsoft-bribing-officials...), i get very irritated every time gates talk about morality. It's even more terrible when people actually listen to him. For god sake it's not even forgotting what's in the history books. It was part of your life. How do you still give the benefit of the doubt to people cheating, insulting and lying just because they smile on camera and give back money now that they are old ?
- 0x445442 9y agoThe thing is all his examples apply to cash as well. But I'm sure he, like his globalist ilk, wants to get rid of it as well.