{"id":8617,"date":"2014-10-02T16:35:30","date_gmt":"2014-10-02T20:35:30","guid":{"rendered":"https:\/\/wncen.com\/?p=8617"},"modified":"2022-08-24T10:22:04","modified_gmt":"2022-08-24T10:22:04","slug":"bill-gates-bitcoin-exciting-shows-cheap-sending-money-can","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/","title":{"rendered":"Bill Gates: Bitcoin Shows How Cheap Sending Money Can Be"},"content":{"rendered":"<p>[vc_row][vc_column][vc_column_text]Ever wonder what one of the world&#8217;s richest men thinks about bitcoin? Well, you&#8217;ve already heard from business magnate Warren Buffett of Berkshire Hathaway (hint: if you haven&#8217;t, he&#8217;s previously said <a title=\"Berkshire Hathaway CEO Warren Buffett Says Bitcoin \u201cNot a Currency\u201d\" href=\"https:\/\/wncen.com\/2014\/03\/03\/berkshire-hathaway-ceo-warren-buffett-says-bitcoin-currency\/\">it&#8217;s not a currency<\/a>\u00a0and telling investors to <a title=\"Master Investor Warren Buffett: \u201cStay Away\u201d From Bitcoin\" href=\"https:\/\/wncen.com\/2014\/03\/14\/master-investor-warren-buffett-stay-away-bitcoin\/\">stay away<\/a>).<\/p>\n<p>Bill Gates, with a net worth over $80 billion USD according to\u00a0<em>Forbes<\/em>, has spoken up again on the topic of digital currency. And while he didn&#8217;t get into terrible amount of detail on his opinion, he says that bitcoin is &#8220;exciting&#8221; because of the fact that it can show how cheap sending money can be.<\/p>\n<p>Here&#8217;s what he told\u00a0<em>Bloomberg<\/em>&#8216;s\u00a0Erik Schatzker on the\u00a0<em>Street Smart<\/em> program this week:<\/p>\n<p>[blockquote style=&#8221;2&#8243;]Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don&#8217;t have be physically in the same place and, of course, for large transactions currency can be pretty inconvenient.\u00a0[\/blockquote]<\/p>\n<p>He&#8217;s right. Sending money the traditional way can be a hassle, particularly when you&#8217;re dealing with large sums. But it&#8217;s more about the technology for Gates.<\/p>\n<p>He adds:<\/p>\n<p>[blockquote style=&#8221;2&#8243;]Bitcoin technology is key and you can add to it or build a similar technology&#8230;[\/blockquote]<\/p>\n<p>Previously, Gates has called bitcoin a technological &#8220;<a href=\"http:\/\/video.foxbusiness.com\/v\/2359385547001\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">tour de force<\/a>&#8221; and has said that digital money <a href=\"https:\/\/wncen.com\/2014\/02\/10\/bill-gates-digital-money-may-help-poorest-india-parts-africa-next-5-years\/\" target=\"_blank\" rel=\"noopener noreferrer \">may help some of the poorest people on Earth<\/a> in the next five years.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text]Ever wonder what one of the world&#8217;s richest men thinks about bitcoin? Well, you&#8217;ve already heard from business magnate Warren Buffett of Berkshire Hathaway (hint: if you haven&#8217;t, he&#8217;s previously said it&#8217;s not a currency\u00a0and telling investors to stay away). Bill Gates, with a net worth over $80 billion USD according to\u00a0Forbes, has spoken up again on the topic of digital currency. And while he didn&#8217;t get into terrible amount of detail on his opinion, he says that bitcoin is &#8220;exciting&#8221; because of the fact that it can show how cheap sending money can be. Here&#8217;s what he told\u00a0Bloomberg&#8216;s\u00a0Erik Schatzker on the\u00a0Street Smart program this week: [blockquote style=&#8221;2&#8243;]Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don&#8217;t have be physically in the same place and, of course, for large transactions currency can be pretty inconvenient.\u00a0[\/blockquote] He&#8217;s right. Sending money the traditional way can be a hassle, particularly when you&#8217;re dealing with large sums. But it&#8217;s more about the technology for Gates. He adds: [blockquote style=&#8221;2&#8243;]Bitcoin technology is key and you can add to it or build a similar technology&#8230;[\/blockquote] Previously, Gates has called bitcoin a technological &#8220;tour de force&#8221; and has said that digital money may help some of the poorest people on Earth in the next five years.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"author":516,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[398,399,11,12],"class_list":["post-8617","post","type-post","status-publish","format-standard","hentry","category-news","tag-billgates","tag-billionaire","tag-news","tag-online"],"acf":[],"yoast_head":"\n<title>Bill Gates: Bitcoin Shows How Cheap Sending Money Can Be<\/title>\n<meta name=\"description\" content=\"Bill Gates has said bitcoin is exciting because it shows how cheap it can be to send money.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bill Gates: Bitcoin Shows How Cheap Sending Money Can Be\" \/>\n<meta property=\"og:description\" content=\"Bill Gates has said bitcoin is exciting because it shows how cheap it can be to send money.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2014-10-02T20:35:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-24T10:22:04+00:00\" \/>\n<meta name=\"author\" content=\"newsbtc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"newsbtc\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/\"},\"author\":{\"name\":\"newsbtc\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/92359df06a75cfe67fe817215be85568\"},\"headline\":\"Bill Gates: Bitcoin Shows How Cheap Sending Money Can Be\",\"datePublished\":\"2014-10-02T20:35:30+00:00\",\"dateModified\":\"2022-08-24T10:22:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/\"},\"wordCount\":263,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"keywords\":[\"billgates\",\"billionaire\",\"News\",\"Online\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/#respond\"]}],\"copyrightYear\":\"2014\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/\",\"url\":\"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/\",\"name\":\"Bill Gates: Bitcoin Shows How Cheap Sending Money Can Be\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"datePublished\":\"2014-10-02T20:35:30+00:00\",\"dateModified\":\"2022-08-24T10:22:04+00:00\",\"description\":\"Bill Gates has said bitcoin is exciting because it shows how cheap it can be to send money.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bill Gates: Bitcoin Shows How Cheap Sending Money Can Be\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/92359df06a75cfe67fe817215be85568\",\"name\":\"newsbtc\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/94ab7b7d4fc97c1eba30a571a6d1348e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/94ab7b7d4fc97c1eba30a571a6d1348e?s=96&d=mm&r=g\",\"caption\":\"newsbtc\"},\"url\":\"https:\/\/wncen.com\/author\/newsbtc\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bill Gates: Bitcoin Shows How Cheap Sending Money Can Be","description":"Bill Gates has said bitcoin is exciting because it shows how cheap it can be to send money.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/","og_locale":"en_US","og_type":"article","og_title":"Bill Gates: Bitcoin Shows How Cheap Sending Money Can Be","og_description":"Bill Gates has said bitcoin is exciting because it shows how cheap it can be to send money.","og_url":"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2014-10-02T20:35:30+00:00","article_modified_time":"2022-08-24T10:22:04+00:00","author":"newsbtc","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"newsbtc","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/"},"author":{"name":"newsbtc","@id":"https:\/\/wncen.com\/#\/schema\/person\/92359df06a75cfe67fe817215be85568"},"headline":"Bill Gates: Bitcoin Shows How Cheap Sending Money Can Be","datePublished":"2014-10-02T20:35:30+00:00","dateModified":"2022-08-24T10:22:04+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/"},"wordCount":263,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"keywords":["billgates","billionaire","News","Online"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/#respond"]}],"copyrightYear":"2014","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/","url":"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/","name":"Bill Gates: Bitcoin Shows How Cheap Sending Money Can Be","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"datePublished":"2014-10-02T20:35:30+00:00","dateModified":"2022-08-24T10:22:04+00:00","description":"Bill Gates has said bitcoin is exciting because it shows how cheap it can be to send money.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Bill Gates: Bitcoin Shows How Cheap Sending Money Can Be"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/92359df06a75cfe67fe817215be85568","name":"newsbtc","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/94ab7b7d4fc97c1eba30a571a6d1348e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/94ab7b7d4fc97c1eba30a571a6d1348e?s=96&d=mm&r=g","caption":"newsbtc"},"url":"https:\/\/wncen.com\/author\/newsbtc\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bill Gates: Bitcoin Shows How Cheap Sending Money Can Be","url":"http:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\/"},"thumbnailUrl":"","image":{"@type":"ImageObject","url":""},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"newsbtc"}],"creator":["newsbtc"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["billgates","billionaire","news","online"],"dateCreated":"2014-10-02T20:35:30Z","datePublished":"2014-10-02T20:35:30Z","dateModified":"2022-08-24T10:22:04Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bill Gates: Bitcoin Shows How Cheap Sending Money Can Be\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can\\\/\"},\"thumbnailUrl\":\"\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"newsbtc\"}],\"creator\":[\"newsbtc\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"billgates\",\"billionaire\",\"news\",\"online\"],\"dateCreated\":\"2014-10-02T20:35:30Z\",\"datePublished\":\"2014-10-02T20:35:30Z\",\"dateModified\":\"2022-08-24T10:22:04Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/8617"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/516"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=8617"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/8617\/revisions"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=8617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=8617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=8617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}