Bill Gates Doesn't Think Bitcoin Will Become Digital Money Of Future Due To Its Anonymous Nature

Bill Gates doesn't seem to think that Bitcoin will become the "digital money" of the future because of its "anonymity" and associations with terrorism and money laundering. He suggests a similar technology could supplant Bitcoin.

Gates' latest comments come in an interview on Bloomberg TV‘s “Street Smart” at Sibos 2014 on October 2, 2014.

“Bitcoin is better than currency in that you don’t have to be physically in the same place, and of course for large transactions currency can get pretty inconvenient.”


The customers we’re talking about aren’t trying to be anonymous, they’re willing to be known, so bitcoin technology is key and you can add to it or you could build a similar technology where there’s enough attribution where people feel comfortable that this is nothing to do with terrorism or any type of money laundering.