Although in the past he has been bullish on Bitcoin and crypto in general in this new 2018 AMA he seems to have switched his opinion and now thinks that crypto is the direct cause of death by facilitating the purchase of Drugs such as Fentanyl.
You can see the full Bill Gates response here:
The positives of anonymity and giving us freedom from government backed currencies that are setup to eventually fail as you’ve seen in Venezuela recently, have been turned around and used as negatives by Gates.
Many famous entrepreneurs such as Warren Buffet have been bearish on BTC and claimed it’s a ponzi, however we’ve seen many of them change their minds. Mark Cuban being one famous billionaire who was openly against Bitcoin has now changed his stance and is even an advisor to one project Unikoin Gold.
As an investor in cryptocurrency you have to remember that many of the “old school” entrepreneurs have missed the boat and are often much quicker at picking negatives than looking at the positives.
We still believe that as the markets recover many famous millionaires/billionaires will resume back to their previous position of being bullish on the crypto market. Often times when the market is trending downwards, we see a large increase in people speaking out against it, but once it recovers the sentiment quickly shifts.