The billionaire also mocked Bored Ape NFTs, stating: “Obviously, expensive digital images of monkeys are going to improve the world immensely.”Microsoft co-founder Bill Gates talked about cryptocurrency and non-fungible tokens at this year’s Techcrunch Sessions: Climate 2022 event Tuesday.
He clarified, “I’m used to asset classes like a farm where they have output or a company where they make products,” describing crypto as: The Greater Fool Theory suggests that there will always be a greater fool in the market ready to pay a price based on a higher valuation for an already overvalued investment. However, eventually, when there’s no one left willing to pay a higher price, asset prices can decline sharply, leaving investors holding worthless investments.
Bill Gates is trying to control society through the Gates foundation and his involvement in many other things such as the '-19' bug and it's accompanying 'jabs'. He is evil incarnate, based on publicly available information. If we knew everything he's involved in, YIKES!!
Just like Microsoft products.
The 🤡is speaking for himself!!!
uieres ganar riqueza trabajando en línea?
NFT is based on it, totally agree. Will not spend a single usdt to it
کوس شعر گفته
SHIB ❤️🐕❤️
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says the one who relies on the petro dollar🧐
Yes, just like gold! Fiat money is based on trusting fools in the government! Easy choice 👌
Crypto community don’t need BillGates some one needs to remind him he stoled windows from the late Steve Jobs! We have elonmusk
WHAT 💩 IS HE 🗣️ABOUT!!! As if he -- the 🤡 is capable of ✍️cryptocurrency
That's literally every asset class genius..
He seems to be talking a lot about crypto …. kinda strange for someone who claimed “does not own any cryptocurrencies” 🤔 … why bother then eh?
Sorry, Bill - bullshit. Humanity assigns value to assets based on: scarcity, hard to get, hard to replicate. E.g. there are exact copies of Mona Lisa, why is it still so valuable? That's why. Same applies to crypto. Cannot fake it, cannot create more than a limited supply.
Ouch
Hope this helps BillGates
The fact that with Bitcoin you can transfer any quantity, anywhere, and within a few seconds has zero value.
Better than a guy invest money to Wuhan lab to create virus.
And this guy is suppose to be a genius? 🤦♂️
He clearly doesn’t understand the tech.
Well, now there's a surprise. The man with more incentive than almost anyone to keep the world on a fiat system says crypto has no value.
1. He just described trading. Not crypto. 2. He fails to take into account the ever rising number of people who want $BTC because they're done with fiat.
dude, its easy: U Promise Me uses blockchain to issue promises and to control their keeping, everything is fair and clear!
Well, Bill won (for the next 24 months), but not the perspective of long-term.
Sounds like Windows every year, more add ons, making you have to buy the upgrade, abandoning the technology you flogged us a couple of years before. Made you a rich man. The technology behind crypto, ie blockchain is the future and you just don't like it.
BREAKING: Bill Gates just figured out the definition of an Investment.
Haha like stocks?
I'm really proud to be one of your investor's. SuzySziala This was the biggest amount I've ever profited in my trading career. I appreciate your hard works.
Good!!! Anyhow, crypto is ppls money… Not that every creature of mother earth should have..
im stacking sats no matter what, but if billy goats, who has spent the last 30 years trying to centralize as much currency and power as he can, is being a negative nancy about bitcoin, i feel even better about it
IMPORTANT MESSAGE : stay away from all the negative news without official announcements .. stay away from toxic news, Be patience, Be calm Be positive,
Explain gold.
If bill gates said it im sure he's wrong thanks for this words bill 😅
I can send someone crypto in couple minutes but can not send usd to someone in China in Russia in Japan in Korea on Mars in Jupiter on moon on the sun too
He is just protecting his old-fashioned assets.
Every shop works that way, that someone is going to pay more for the goods than the shop owner did. 🙄
if something with stocks and gold the situation is similar😆
Hey Bill. we have 2022 not 1990
So early investors in IMB were fools, noted.
People used to say same when Microsoft was launched by You as a new tech :) Crypto is the new tech!
So is Gold! BillGates
Fool
That is why it is more profitable for him to dedicate to spreading viruses and eugenics
Says the guy who visits Epstein’s Island
Tento človek ma nasiera deň čo deň...s widowsom vakcínami a ešte aj toto...
As a beginner who don’t understand how Bitcoin really works and you really want to make profit from it, I will advise you to first start working with a professional broker. I recommend Natalie Jason for every beginner and those interested in making profit in crypto/forex trading.
Guys a bitcoin whale for sure.
BillGates It is pointless decrying crypto ... based on the demand and supply principle, as long as there are enough 'greater fools' (as u choose to call them) the crypto market is set to boom. Fools anyway outnumber the 'wise' like you.
Isn’t that all markets?
Ok, I’m back to feeling bullish now!
Lolzzz who’s talking, defending internet and computer’s in 1995 🤣🤣🤣
Why are people acting like this is some new way to trade paper, this is 100% exactly what the market is except they use fake numbers to make a company have value when in reality as GME proved it doesn’t matter all that matters is if someone will pay more
Epstein Island.
Kinda like the stock market has been since inception
Is that not the same for just about any asset class? Lo, this guy is a toooooooool
FALSE: He says crypto is an asset class that 'I cannot control'
Don’t trust this Bill Gates
Isn’t that also what Microsoft stock is?
That’s what trading is fool
or on some sort of monetary theory
Now you know why Apple is better than Microsoft
Just like everything else. The only advantage is that there are only 21 million btc for 7.000.000.000 ppl. The mining rewards cut to half every 4 years. It is possible to transfer anywhere in the world just with a phone. It's an open ledger. Decentralized it's internet money.
Clearly wealth circulating on the hands of a few makes more sense to the creators, funders and evangelist of the current centralized economy. Fintec will not only shake even those thoughts as the giants of world economy. We are for an open-source economy. BillGates
How much you BillGates paid to Epstein for each trip you made to his private Island?
From the founder of the company that created Windows Vista.
i believe he said '[monkey jpegs] were an asset class that's based 100% on some sort of greater fool theory...' and didn't mean the concept of a public network. stupid question + bad reporting = fud
How are his Tesla shorting biz?
So just like every asset class.
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