JAKARTA - The price of bitcoin broke through an all-time high at US $ 64 thousand (around Rp. 939.7 million) on April 14 yesterday. The launch of a crypto-money trading platform called Coinbase has also made the price of bitcoin cs skyrocket in recent weeks.
A few days later, the price of bitcoin decreased to reach 57 thousand US dollars (equivalent to Rp828.8 million). This phenomenon of rising bitcoin prices triggered comments from various parties including from Microsoft's bosses.
Previously, Bill Gates had predicted an end to the pandemic in the next few years. The former Microsoft CEO believes that bitcoin cs will get worse every day. Gates is pessimistic about the future of cryptocurrency.
A stock market analyst said via the MHFIN YouTube channel that "Gates has been talking about cryptocurrencies for quite a while."
"Obviously he's not a fan. But why is he still pessimistic about cryptocurrency and why is he predicting (bitcoin) to lead to total collapse? "
In a YouTube video broadcast on the MHFIN channel with the headline "Bill Gate: The Bitcoin Panic of 2021", the video scrolls to Gates discussing coins in 2013.
“I think this is a 'tour de force'. This is an area where the government will maintain its dominant role, "said Gates.
The market analyst then redirects the video to Gates's interview in 2021 to see if Gates' opinion changes or not.
"I don't have Bitcoin, I'm not shortening it, so I take a neutral view," said Gates.
"Moving money digital and lowering transaction costs is something the Gates Foundation is doing in developing countries."
"But there we do it so you can reverse the transaction so you have total visibility of who did what," he added.
On the other hand, Gates also argues that Bitcoin can go up and down due to trends and no one can predict the rate.
“But Bitcoin can go up and down based solely on trends. You have no way of predicting how the progress will be, "said Gates as quoted by the Express.
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