Skip to main content

Bill Gates lashes out on hyperloop and cryptocurrencies in AMA


Bill Gates isn't a fan of tech's popular buzzwords: cryptocurrency and hyperloop. The Microsoft co-founder hosted his
 sixthReddit AMA on Tuesday, and didn't hold back on his answers. 

Gates doesn't like what most people find appealing about cryptocurrencies: anonymity.
"The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing," he wrote, "I think the speculative wave around ICOs and crypto currencies is super risky for those who go long." 
When u/dikkepiemel pointed out that hard cash is still used for fentanyl and "god knows what else," Gates responded: "Yes - anonymous cash is used for these kinds of things but you have to be physically present to transfer it which makes things like kidnapping payments more difficult."
Gates also threw some shade at a concept from fellow tech mogul Elon Musk, whose plans for a "Hyperloop" through the East Coast drew some ridicule. Musk tweeted in July, "Just received verbal govt approval for The Boring Company to build an underground NY-Phil-Balt-DC Hyperloop. NY-DC in 29 mins." 
In Gates' AMA, u/123lift asked if the Gates Foundation had any plans to tackle inadequate public transportation, since "it seems overlooked." 
"I think electric cars and autonomous vehicles will be great things ... I am not sure the hyperloop concept makes sense," Gates said, "Making it safe is hard." 
It's a not-so-subtle jab at the Tesla CEO, whose Boring Company just got a preliminary permit to start exploratory digging in DC. 
Gates also took a stance on one of the most divisive debates for coders: tabs or spaces? 
"When I code I use tabs because you want the columns to line up," he responded, "For some word documents I use tabs. You want things to adjust when you go back and edit them and tabs help."
He also shared his take on beer: "I am not a big beer drinker. When I end up at something like a baseball game I drink light beer to get with the vibe of all other beer drinkers. Sorry to disappoint real beer drinkers."
Not all of Gates' answers were so passive aggressive, though. He talked about when he finally considered himself successful. His markers for success includes "many domains."
"I was a success in getting good grades and test scores in high school. I was a success at writing good code by my early 20s ... Now I am working on being a good father." 
His other goals include eradicating polio and malaria, and reducing climate change.
Gates also wants to see more innovation in reducing healthcare costs, improving education, and addressing poverty. "The benefit of getting these things right would be amazing," he said, "With all the talk about inequity it is interesting that we still work on vertical areas like health, education, housing, food, etc.. as separate things rather than having a full view of the challenges someone faces."
He wants the same innovation seen in tech applied to humanity's greater issues. When asked if he missed his time at Microsoft, Gates said he missed the "certain urgency to everything we were doing to stay ahead that meant the speed of activity was very high." 
"Now I work on things like malaria where I wish there was more competition to solve the problems and things moved faster," he said. 
Gates also answered the burning question that we've all thought of at least once:
"Why is this question so popular?" Gates quipped, "Hello to all the Gills out there. You probably run into someone with the same name less than I do. I don't think my name has affected me much. My formal name is William." 
Then he threw in a shout out to some well-known spoonerism:
If Bill Gates calls you "very cool" does it count as a marker of success?

Comments

You may also want to read these ⤵️

Referee kills player in a football match

A referee is facing murder charges after football players allegedly forced him to

Do not watch this while driving

Kids are lovely and fun to watch most times. I know most of you did this and so many other funny stuffs as a kid. Feel free to share yours... Do not watch this while driving

The Pros and Cons Of COVID-19 Contact Tracing Apps

                Written by                Jack -  Guest author Contact tracing apps seem to be the new fad. Their popularity is also one that comes on the back of a series of unfortunate events. They seem to hold another approach to fighting the menace of a disease that has claimed no less than 400,000 lives worldwide. The widespread race to get these apps working can also be attributed to the coming together of two big names in tech, Apple and Google, to make the frameworks for such apps happen. Like every other thing, though, how does the scales tip in favor of, or against, these apps? The Case for Contact Tracing Apps In April alone, the US people lost more jobs than the economy had been able to gain in about a combined decade. More unemployment claims are filed daily, while companies do not take their staff out of furlough anytime soon. Businesses are folding up daily, too, especially those still paying running costs (rent, electricity, etc.) even though they are not opening and s

Over 40 Million Accounts Found Guilty

Microsoft has uncovered 44 million user accounts using usernames and passwords that have been leaked through security breaches.

RAW TALENT ep1 (freestyle by Gdlpeid)

Just watch! Freestyle by ''Gdlpeeid''. A rapper with a difference.  Pure raw talent.

These 10 Powerful Words And Phrases Defined The Decade

Honestly, it has been a wonderful decade to remember.  A lot has happened and a lot has been spoken also. But our focus is on the words and phrases spoken.  Below are words and phrases spoken between 2010 - 2019 that defined the decade.....

By February 2020 - WhatsApp Will Stop Working on These Phones

Every now and then, WhatsApp does fish out a list of old phones for which support is discontinued and if you have an old phone lying around as a backup, you might want to read on.

Apple Has Released iOS 13.2.2 And Fixes Major Issue

All thanks to Apple,  the tech  giant just released iOS 13.2.2, which addresses the issue of background apps being killed prematurely, along with a handful of other annoyances.

This Magnetic thread Can Be Used To Clear Blood Clot in The Brain

Link from mashable.com  Researchers at MIT developed a thread that can be steered magnetically to glide through the brain's blood vessels and

This gigantic monster device turns wave energy into electricity

This 826-ton buoy was developed by OceanEnergy to turn wave energy into electricity. IEEE Spectrum reported that "OE Buoy" was towed from Oregon to Hawaii, where it will undergo a series of tests that will prove whether it can withstand the battering waves while generating electricity. Click the link below to watch the video..