and NFTs.
Those digital asset trends are "100 per cent based on greater fool theory," the Microsoft co-founder said Tuesday at a TechCrunch conference, referencing the notion that investors can make money on worthless or overvalued assets as long as people are willing to bid them higher., joking that "expensive digital images of monkeys" will "improve the world immensely.
His comments come as bitcoin and other cryptocurrencies are crashing. Bitcoin hit an all-time high of US$69,000 in November 2021. Since then, the world's most valuable cryptocurrency has lost two-thirds of its value, tumbling below US$23,000 on Tuesday. It has lost about 25 per cent of its value since Friday.
Crypto exchange Coinbase announced that it's laying off 18 per cent of its employees as the digital currency market continues to crumble., Gates said that it was one thing for Elon Musk and Tesla to invest in bitcoin, but that doesn't mean average investors should follow that lead. "I do think people get bought into these manias, who may not have as much money to spare," Gates said. "So I'm not bullish on bitcoin."
What does Ned Flanders have to gain, that should be the first question from everyone. Like Crypto or not governments have been looking for a way to cripple it.
Just shut up nobody cares about your opinion, just go play with your computer's
Total sham - I've connected a bunch of old computers and run them 24 hours a day mining crypto. NOT!! and I have some NFT's for sale - contact me! Only $73,000USD, only real FIAT currency accepted.
Yeah yeah that's why the Gov wants to regulate it right?
How would he know......he does not have a profile picture with laser eyes😏
If money can have 'value' then why can't cryptos?
He's right! Crypto is a scam. Pumpers are getting rich while they laugh at the plebs buying the nonsense.
Gates you are a sham….
Later: Sky blue at times, Room temperature water wet to the touch.
“I like investing in things that have valuable output,”
Easy. just do the opposite of what eugenicists say.
Anyone with a little bit of common sense knows that
People are lining up AFTER the crash to say what a sham it is. Brave.
Duh…
Translation: I'm buying at these cheap prices. Watch what they do, not what they say.
He's almost right. The correct word is 'scam'.
At least explorer is finally dead.
BASEDBASEDBASED
Like the vaccines...
Like his vaccines
So is he.
Yeah going all in.
No one wants to listen to a pedophile
Bill Gates is a sham and legacy media is part of the problem with society.
People don’t give a shit what this guy says
Says the guy buying up huge swaths of USA's farmland under shell company names so food can't be grown, animals grazed. Goal: to starve people, introduce his synthetic meat and milk.
Eptsein island Bill Gates
Duh
Who cares what this goof says..🖕👃🖕
Straight up ponzu scheme.
And vaccines are safe and effective....blah blah blah.....
this is the only time i will believe bill gates
He is not a state authoritarian on the subject. The USA btw is a republic in case you are trying to throw a net of ignorance on the matter
Whales 🐳 feeding on investors crypto currency
BillGates apparently so was fidelity
NFT & Crypto Bros. hearing the news that the market has collapsed & the whole thing was a scam..'Hey bro have you heard about this new thing in the Internet it's going to be HUGE BRO...' Cryptocrash
Those digital asset trends are '100 per cent based on greater fool theory,' the Microsoft co-founder said Tuesday at a TechCrunch conference, referencing the notion that investors can make money on worthless or overvalued assets as long as people are willing to bid them higher.
I hate to say it, but I agree with this peddo
No shit.
NOW I am interested
And put that in your pipe and smoke it, Pierre Poilievre. Crypto is fool’s gold and you are the biggest fool in Canada.
Agreed!
Next to religion, cryptocurrency is the biggest scam ever.
I once researched Cryptocurrency to understand it and found a video, a “Crypto for Dummies” kinda thing.After 5 minutes of listening to bullshit I shut it off and never looked back. If a product needs a “salespitch” to explain its value, its probably something I can live without.
he's just mad he didn't think of the scam first.
If you are an average person out there, here is free advice. Never ever put your money in crypto. If you are rich and don’t mind money being stolen, lost, go ahead because you have tolerance. Use this and will thank me one day!
Canada says Bill gates is sham!
Only sham is Bull Gates and main stream media in both sides of the border
And so was the covid vax 🤷🏻♂️
What took him so long? The smartest people have long gotten out with their millions!
That means buy more crypto
WOW Thats some hard hitting journalism right here... Can get the list of who was on Epstein's island and publish it? Bill says we should all know...
He should know about shams
But in Canada we have a mental midget who would disagree. Eric_OTooleMP Did not remove him from the shadow financial portfolio because he was toxic, it was because he is and was incompetent PierrePoilievreIsLyingToYou cdnmedia cdnpoli
You lost your credibility dude so just go away maybe take a dirt nap
I would believe him for sure
Epstein must of mentioned this to him
Bullish if that loser is saying it. Yep, let's save our money so we can go broke instead.
Why does anyone lend this guy any credibility?
Why do people continue to ask Bill Gates things unrelated to profiting from IP protection? That's how he made his money. I hate to break it to you, he's not an engineer, communicable disease expert, or a financial guru. He's just a rich capitalist.
One of them is plain ridiculous, the other is a pyramid scheme. He’s right.
So was Covid and the WHO
Bill gates own all the farmland why is that 🤔
Why does anyone care what this Epstine Island regular thinks?!?
Of course he would say that ….he’s WEF
And he is a pedo.
..so is buying up all the American farmlands, associating with Epstein, eugenics and forcing vaccinations into our arms, but whatever Billie. You must know.
Just like the pharmaceuticals and fake meat he keeps peddling.
He is right! No matter what you think of him.
Except Bill Gates is the very definition of a sham.
If only saying it would make it so.
Bill gates can take a long walk of a short pier and not come back.
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