#<p><img class="alignleft size-medium wp-image-8562" alt="gates372" src="http://channeleye.co.uk/wp-content/uploads/2014/10/gates372-360x185.jpg" width="360" height="185" />Software king, Sir William Gates III, has thrown his support behind Bitcoin.</p>
<p>Gates told the Sibos 2014financial-services industry conference in Boston that Bitcoin was better than cash for low cost payments.</p>
<p>When asked about Bitcoin’s potential to ease the cost of payment transactions for moving money from one place to another Gates said Bitcoin was exciting because it is cheap. <a href="http://channeleye.co.uk/software-king-backs-bitcoin/" class="read_more">more&#187;</a></p><div class="feedflare">
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