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Bill Gates: Crypto Is 100% Based on Greater Fool Theory — ‘I’m Not Involved in That’

Microsoft co-founder Bill Gates says crypto is an asset class that is 100% based on the Greater Fool Theory. The billionaire also mocked Bored Ape NFTs, stating: “Obviously, expensive digital…

Continue ReadingBill Gates: Crypto Is 100% Based on Greater Fool Theory — ‘I’m Not Involved in That’

Bill Gates: Crypto Has No Valuable Output — It’s Not Adding to Society Like Other Investments

Microsoft co-founder Bill Gates has explained why he does not own any bitcoin or other cryptocurrencies. “I like investing in things that have valuable output,” Gates said, adding that crypto…

Continue ReadingBill Gates: Crypto Has No Valuable Output — It’s Not Adding to Society Like Other Investments