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Bill Gates says bitcoin would not solve global challenges.

Global Banking News-January 27, 2015--Bill Gates says bitcoin would not solve global challenges

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Global Banking News - 27 January 2015

Microsoft founder, Bill Gates, has said that the bitcoin would not solve global challenges.

Even though Gates is positive that digital currencies can have a huge impact on global remittances, he feels that Bitcoin may not be the best use of new technology. Gates is concerned about the constant fluctuations of Bitcoin's value in the last few months, as well as the lack of transaction reversibility.

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Publication:Global Banking News (GBN)
Date:Jan 27, 2015
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