Software magnate Bill Gates has again spoken out on bitcoin in his third 'Ask Me Anything' (AMA) session on social sharing platform Reddit.
The focus of the AMA was philanthropy and the work of the Bill & Melinda Gates Foundation. As a result, Gates’ answer revolved around potential bitcoin applications in charity.
In response to the question "What is your opinion on bitcoins or cryptocurrency as a whole? Also do you own any yourself?", Gates wrote:
“Overall financial transactions will get cheaper using the work we do and bitcoin-related approaches,” he added. “Making sure that it doesn't help terrorists is a challenge for all new technology.”
Gates has discussed digital currency technology on a number of occasions and most recently he argued that bitcoin alone would not solve global payments challenges.
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