Bill Gates Announces $100 Million Invested Into Public Bitcoin Platform
Gates, a long time Bitcoin enthusiast and early Bitcoin investor and has made over $500 million in the last year alone on this currency. “Bitcoin is exciting because it shows how cheap it can be,” he told Erik Schatzker during a Bloomberg TV’s Smart Street show interview yesterday. “Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.” He believes in Bitcoin so much that he just invested $100 million into acquiring a seat at the board of directors in Crypto Trader, which is about to go public due to its widespread success in the world of cryptocurrency.
(Article Sep 11, 2014; )
The entrepreneur also reflected on Virgin Galactic’s decision to “I am not foolish, if people have got lots of bitcoins and they want to go to space, I would much rather they spend that money on our spaceship [...] a Virgin Galactic spaceship than on, you know [...] Elon [Musk] will be sending people to space one day on Elon’s spaceships, so we’ll grab the money while it’s there.”
Earlier this year Branson said that Virgin Galactic had already received payment in bitcoin from six different customers.
(https://www.coindesk.com/sir-richard-branson-bitcoin-working/)