4 minutes reading time (851 words)

What Do Top Executives Think Of Bitcoin & Cryptocurrency? 4/10 in our year end replay roundup

What-Are-Their-Opinions-On-Bitcoin-_-Read-The-Article-To-Know What Do They Have To Say About Bitcoin

Part 4 of our rerun of some selected articles that Decentralized.Today has carried over the course of the last 12 months.......some selected on the basis of their popularity, some on their enormity or import of their message, some simply because we enjoyed them......today, we feature an article from a regular conttributor, Devashish, with a piece he wrote for DT back in September on sentiment towards bitcoins and cryptos among politicians and business people. Enjoy! 

There are more than 7.3 billion people on this planet with trillions of opinions in their mind. Some of them are rational, while some are just simply irrational. The world, in the last 20 years has changed much rapidly than it did in the last century, especially on the technology front. Bitcoin a.k.a the biggest cryptocurrency in terms of price, volume and popularity is one such entity in the chaos of change that has managed to grab a lot of eyeballs and yes, opinions as well. As the heat in the cryptocurrency market is now building for yet another bull season, we thought to share some of the expert's opinion on what they have to say on Bitcoin/Cryptocurrency which we believe, will be driving the bull run this season. So, here is a list of people who had sweet and bitter opinions on cryptocurrencies.


And hey, if they beg to differ from your opinion, it's a democratic world. Freedom of expression isn't just written on books, it's practiced too.

1. Donald J. Trump - President Of United States Of America 

 Well, seems like the supreme leader of the biggest economy of the world has a different say on Bitcoin and many other cryptocurrencies. 

2. John McAfee - Founder Of McAfee Associates (Mc Afee AntiVirus) 

This tweet is from the year 2017, which can be considered as a bit old. However, in his recent interview, this is what he had to say.

"Bitcoin is at the mid 10's and people worry. LMFAO!! Why do you pay attention to weekly fluctuations? Look at the past few months FFS! It's rising drastically. I'm still positive about my $1 mil BTC price by the end of 2020. Alt coins like MTC and Apollo will rise ten times more." 

Seems like he is still pretty confident on his bets on Bitcoin.

3. Bill Gates - Founder & CEO Of Microsoft Company

​The video is 16.50 Minutes long. However Bill Gates shows his full support for the Bitcoin and other cryptocurrencies from the word 'GO'. He went on the record to say that, "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. Bitcoin is exciting because it shows how cheap it can be."

4. Eric Schmidt - Former CEO Of Google, Former Chairman Of Google  

The video clearly shows his positive approach towards cryptocurrency. He even said, "Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value". 

5. Warren Buffet - CEO of Berkshire Hathaway 

​Warren Buffett, the man known for his brilliant investment plans and ethics has been very skeptical on the future of Bitcoin. He even went on to say that Bitcoin is "probably rat poison squared". So the scores are 2-3. 2 against Bitcoin and 3 in favor of Bitcoin. 

6. Arun Jaitley - Former Finance Minister Of India 

​India is a country of 1.3 Billion people that holds big potential for the growth of Bitcoin. It is also Asia's fastest-growing economy. And when the late Finance Minister of that country goes on record to declare Bitcoin as invalid and not a legal tender, the Government of India's view on Bitcoin becomes pretty straight forward. They don't support it. 

So the scores are now 3-3. 

3 for Bitcoin and 3 against Bitcoin. 

Well, the scores can go on and on. The tussle can oscillate on either side. What really matters is how much risk you want to take as an investor. Few governments are dead against Bitcoin like America and India and then on the other side, we have Governments like Japan and South Korea who are considering it as next-gen innovation. The same difference in opinion is amongst tech innovators, stock market investors and everyone. But it is only time that will tell us who's opinion stood its ground. Till then, happy trading. 

Related Posts

 

Comments (0)

Rated 0 out of 5 based on 0 voters
There are no comments posted here yet

Leave your comments

  1. Posting comment as a guest. Sign up or login to your account.
Rate this post:
Attachments (0 / 3)
Share Your Location