I take your reply as the clickbaits were created by the echo chamber. Clickbaits are similar to products. They have their own public buyers hehehe.

How so? Anyone can do what they want with Bitcoin, regardless of what their bank is saying. Even then, that doesn't change the fact that the ultra rich can buy more coins than us poor folk, so if anything, Bitcoin helps their wealth even more than ours.


Uh, what would you rather have him do? Would it be better if he ignored the issue completely? I'm not saying that Bill Gates is the paragon of all goodness, but the rich people hate has gotten out of hand. The wealth gap isn't entirely their fault.

Gullible people will get hooked to this and think that bitcoin is another get rich scheme. This is one of the biggest reasons why bitcoin can't get no stable value. People draw in and withdraw money right after they find out that they need to do some work in order to profit. People should slow down with their mindset regarding bitcoin's profitability and think about the coin as the coin of the future.
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This is the real issue for all cryptocurrencies - many people see them only as an investment, not as a tool developed for specific functions as defined in the white paper and road plan.

I wonder how bitcoin will close the wealth gap when bitcoin itself is showing it most clearly. The whales, but the minority, hold a huge amount of bitcoins, while most people own a bit of bitcoins, and bitcoins are getting scarcer.

That's great and all, but what is he supposed to do at this point? Redistribute his wealth? He's already doing that through his charities lol.


How is this even remotely close to what he actually said? He was pushing for higher taxes for rich people lol. The ideas he was proposing were completely anti-rich. He wasn't complaining about the gap, he was thinking about solutions on how to reduce it, and it requires zero adjustments from people riding stinky cars. As for climate change, he does have his own stance, and it's mostly about spending money on R&D, precisely so poor people (and everyone else really) would have actual viable (i.e. not anti-poor like everyone should buy Teslas) options to reduce their carbon footprint.


That's capitalism for you, which Bitcoin ironically enables. The reality is, we all play under the same rules, we just get away with more stuff the more money we get. This is precisely the same situation in Bitcoin where whales are able to throw their weight around -- such is the price for freedom. Don't hate the player, hate the game.

Bill Gates dislike with bitcoin and never want to promote and accepted bitcoin as legal payment currency in his company any time, although bitcoin have been worth digital currency payment with increase to higher price always look bad thing by Bill Gates, when I have much money and become richest person I will promote bitcoin as the best currency payment in the world.

It's good that Gates it saying it's unfair, and it truly is. But to deal with such unfairness we have Rawls that offered his theory of justice that goes as follows: if you succeeded in this world due to talents you were born with, a well-off family or anything else, you're morally entitled to help out those who weren't born that lucky.  A tax for wealthy people that Gates suggests is a good and realistic step to help narrow the gap between the rich and the poor.
Can Bitcoin help? IMO only potentially as a medium of money redistribution. I've watched Mr. Robot season 4 episode yesterday where (SPOILERS AHEAD!) they robbed the riches and sent out the money divided equally to everyone's E-coin wallets. This wouldn't be possible with a current financial system, but it would be possible with Bitcoin since all the wallets are public.

How can you say that Bill gates is against bitcoins ?   Microsoft Office Roadmap Shows Bitcoin Currency Format Support for Excel.  Can you show any evidence which shows that Microsoft is discoursing bitcoins and crypto ? I do not think so and if they ever stop the support for crypto, they will lose a lot of their customers.

Bitcoin has been existing for more than decade already. I believe there are rich who haven't known it yet that first year it existed. Most likely those smart and online users who are knowlegeable about had given the opportunity to earn it. Eventually it became known to the rich. And there wide array of funds can really give them an edge as well to dominate the bitcoin investment like Bill Gates. Its the reality that we need to accept.

If other millionaires were doing what Gates is doing, setting up foundations, helping people, the gap would decrease. It's impossible to deal with it completely because some people are just not made to handle money. You can read about all those people who got lucky and became rich just to lose it all in just a couple years. Giving poor people money won't reduce the gap because many of them will lose it anyway, while smart rich people are making more. The money given to stupid and irresponsible poor people will eventually land in the pockets of the rich.