How do billionaires like jack ma and Bill Gates view bitcoin and blockchain?

Over the past decade, blockchain, bitcoin (BTC) and other cryptocurrencies have disrupted everything they touch -- including Banks, hedge funds, law enforcement agencies, healthcare and real estate. Blockchain technology and cryptocurrencies will revolutionize many industries, but this is just the beginning.

However, despite the enthusiasm and excitement about cryptocurrencies and the ability of blockchain technology to transform the world, many of the world's richest people have expressed a different view. Billionaires such as Warren Buffett, a staunch critic of bitcoin, returned even after dinner with sun, according to blockbeat"be"He owns bitcoin and TRX, but still says he won't buy bitcoin in his lifetime. Other billionaires, such as Tim Draper, Michael Novogratz and David Marcus, remain very optimistic, if not fanatical, about cryptocurrencies and blockchains.

So what do these people on the Forbes global rich list think about cryptocurrencies and blockchain? Block pulse has carried on the simple to sort this.

Jeff Bezos

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Jeff Bezos is the world's richest man with a net worth of $130 billion, according to the 2019 Forbes rich list. The founder of e-commerce giant Amazon has been rumored to invest in bitcoin countless times. Zhao changpeng, CEO of coon, said he expects the e-commerce giant to be the catalyst for the next bull market in bitcoin, according to foreign media reports. However, blockgroup has learned that none of these rumors have been confirmed, and amazon has denied any plans to accept bitcoin or other cryptography on its platform. Blockpulse has learned that the only news that Jeff bezos has been able to tie up with blockchain so far is that amazon's cloud computing division, which is currently actively developing, is teaming up with a blockchain startup called Kaleido in 2018.

Jeff Bezos

Bill Gates

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With a net worth of more than $100bn, Microsoft founder Bill Gates has been the world's richest man for quite some time. In a 2014 interview with Bloomberg, gates said bitcoin was better than any other currency. Although Mr. Gates expressed his enthusiasm for bitcoin that year, he later retracted his comments, pointing out that the anonymity of digital currencies discourages transactions. Moreover, in an interview with CNBC in 2018, gates said: "bitcoin IC0 is totally speculative. However, like most of his critics, he added that the underlying technology behind most cryptocurrencies, the blockchain, has merit.

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Warren Buffett

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Buffett has long been critical of bitcoin and cryptocurrencies. Before the company's 2018 annual shareholder meeting, buffett called bitcoin a "mirage," "possibly a square of rat poison" and "not a currency," blockbeat learned. Although buffett dined with sun yuchen, founder of wave field, and discussed cryptocurrencies like bitcoin and blockchain technology with sun, according to blockbeat, buffett didn't change his mind. He also donated the cryptocurrency given by sun to charity and reiterated that he would never own cryptocurrency because of its "zero value".

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Bernard Arnault

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Bernard Arnault's empire spans more than 70 brands, including Sephora and Louis Vuitton. Mr Arnault has been one of the world's richest men since buying Christian Dior in 1985. Since then, his luxury brand has grown, setting multiple sales records. While Arnault has made no official comments on bitcoin or blockchain technology, reports say the billionaire teamed up with Microsoft Azure and consys last year to develop a blockchain platform that tracks LVMH's product flow. Other reports about Bernard Arnault's blockchain and cryptography include his refusal to participate in the creation of Abesix, a Belgian cryptographic trading company.

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B. Bernard Arnault

By Larry Ellison

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Larry Ellison, the co-founder of oracle, is worth more than $50 billion, making him the world's seventh-richest man. He is one of the few billionaires to be outspoken about bitcoin and to have made positive comments about the merits of blockchain technology.

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In a 2017 article for Business Insider, Ellison said blockchain is often seen as a backdrop for bitcoin and other cryptocurrencies: "but companies outside finance are increasingly using blockchain technology to replace longstanding certification practices in the legal, real estate and shipping sectors."

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By Larry Ellison

Mark Zuckerberg

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After the fiasco with Libra, Facebook's stability-currency program, many expressed concern that most of the world's fiat currencies would be compromised if all Facebook users adopted Libra as their currency.Zuckerberg has been positive about blockchain technology since 2018, saying: "technology that supports bitcoin could help improve Facebook in the future."

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Michael Bloomberg

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Not only is Michael Bloomberg one of the 10 richest people in the world, he is running for the Democratic Party's presidential nomination in 2020. Unlike President Donald Trump, who last year expressed a negative view of bitcoin and Facebook's Libra, Bloomberg has a positive view of encryption and blockchain. he"Cryptocurrencies have become an asset class worth hundreds of billions of dollars, but regulatory oversight remains fragmented and underdeveloped," he said, adding: "while the prospects for blockchain, bitcoin and IC0 are promising, there is also a lot of hype, fraud and criminal activity."

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With Bloomberg's approval ratings soaring in the polls, his financial-reform policies are also under scrutiny. The former New York mayor has acknowledged cryptocurrencies as an asset class and added policies to his campaign that would protect consumers from encryption-related fraud and clarify the responsibilities of cryptographic regulators through a framework that defines IC0 issuance.

Michael Bloomberg

Who are the billionaires who have strong (and supportive) views on cryptography/blockchain?

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Ray Dalio

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Ray Dalio, the world's largest hedge fund & NBSP; The founder of Bridgewater Associates said in a recent interview on CNBC that he shares concerns about the state of the global economy with many bitcoin investors and supporters. "We have a monetary policy that can no longer stimulate the economy as it once did," he said.

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Dalio, however, stopped short of advising those worried about an impending global recession to switch to bitcoin, arguing instead that gold is a better safe haven than bitcoin. "Money has two USES: as a medium of exchange and as a store of wealth," Dalio says. "bitcoin has no effect in either case." In an interview, Dalio noted that bitcoin is still too volatile to be a proper store of value.

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Ray Dalio

Elon Musk

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Tesla's CEO and founder, Elon Musk, has been getting a lot of attention recently for his tweets about bitcoin. Still, he said he "neither knows nor understands bitcoin." While Musk sees value in bitcoin, he believes it is mainly used for illegal transactions: "it may make some cryptographers angry, but some transactions are illegal." He added that while he believes "cryptocurrencies are an effective alternative to cash," he does not see them as a major alternative. Admittedly, Musk isn't all for cryptocurrencies, but he acknowledges that the financial industry is changing and that Banks need to be vigilant.

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Jack ma,

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According to a 2018 bloomberg article, ma once called bitcoin a potential bubble. The founder of ecommerce giant Alibaba and chairman of Chinese Financial group Ant Financial has revealed in the past that he is particularly focused on bitcoin and blockchain technology, particularly their ability to build a cashless society.Not long ago, at the 20th annual meeting of the China association for science and technology, Mr. Ma insisted that bitcoin might be in a bubble, noting that blockchain was "the key to opening the Treasury of effective new technology tools."

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Jack ma,

Mike Novogratz

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Mike Novogratz, chief executive and founder of cryptographic investment firm Galaxy Digital and a former manager at Fortress investment group, correctly predicted that bitcoin would break the $10,000 mark by the end of 2017.

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"Bitcoin is going to be digital gold," Novogratz insists. "bitcoin is" the only legitimate MLM currency. "it's like gold." To show his confidence, Novogratz invested 30 percent of his fortune in cryptocurrencies. Despite suffering huge losses in bitcoin's historic plunge in 2018, with his Galaxy Digital losing $136m, Novogratz has not flinched. He was quoted by Bloomberg as saying that while investors' losses were depressing, the company had a "break-even business" and they "had enough cash to run it for the long term". More recently, the billionaire reiterated that he remains "more bullish on bitcoin" despite the fact that the price has not broken through.

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Tim Draper

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In September 2019, venture capitalist Tim Draper doubled down on his previous guess that bitcoin would hit $250,000 in 2022, meaning he thought it would hit $500,000. He added that the forecasts were "conservative".

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Draper has been optimistic about bitcoin since June 2014, when he bought the COINS confiscated and auctioned by the U.S. Marshals service. The total value of his bitcoin holdings at the time was estimated at $19 million. In a recent interview with CNBC, Draper revealed that six months ago he pulled his wealth out of the public stock market and into a bitcoin portfolio.

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The winklevoss twins.

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Tyle Winklevoss and Cameron  Winklevoss became one of the first bitcoin billionaires. The brothers said their personal holdings and those of Gemini, their cryptographic exchange, accounted for 1 percent of all bitcoin in circulation, blockgroup reported earlier.

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Despite the apparent animosity between the twins and Facebook founder mark zuckerberg, the winklevoss twins revealed in an interview that they believe Facebook's Libra is good news for the cryptography market. Currently, the Winklevoss brothers are among the world's largest bitcoin millionaires.

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Bill Harris

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Bill Harris, the former chief executive and co-founder of PayPal, is known as a scathing critic of bitcoin. In a 2018 article, he called bitcoin a scam, adding, "this is a massive scheme for selling goods that has never been seen before in the world." Explaining his position in an interview, Harris said that in bitcoin and cryptography, "there is no relationship between value and utility." However, Harris, like most of his critics, agreed that blockchain technology has an "excellent future".

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