• Bill Gates

    Bill Gates trashes cryptocurrencies yet his foundation uses Ripple

    The billionaire technologist doesn’t understand crypto, say people who think they understand crypto

    Bill Gates, the famed technologist-turned-world-savior took some time off from delivering toilets to the Third World to conduct a Reddit AMA interview this week. He reminisced on his early days at Microsoft. He threw in his two cents on how automation will affect the future of work (he’s pro-automation). And he surely took a moment to address cryptocurrency. “What’s your opinion on cryptocurrencies?” writes Reddit user Askur1337 in language that’s just about as neutral as you can get. Gates surely cracked his knuckles before typing back a critical paragraph. “The main feature of cryptocurrencies is their anonymity. I don’t think this is a good thing,” wrote the Microsoft cofounder. “The…