Bill Gates: Crypto Has No Valuable Output — It's Not Adding to Society Like Other Investments – Featured Bitcoin News

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Bill Gates: Crypto Has No Valuable Output — It's Not Adding to Society Like Other Investments – Featured Bitcoin News
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Bill Gates doesn’t believe crypto adds to society like other investments. cryptocurrency bitcoin $BTC

“I like investing in things that have valuable output,” Gates said, adding that crypto is “not adding to society like other investments.”Microsoft co-founder Bill Gates shared his opinion about bitcoin and cryptocurrencies in a Reddit AMA session Thursday.

Gates’ stance on cryptocurrency echoes that of Berkshire Hathaway Warren Buffett. The Oracle of Omaha explained in detail why he would not invest in bitcoin or cryptocurrency earlier this month., noting that he wouldn’t pay $25 for all of the bitcoin in the world. “What would I do with it? I’d have to sell it back to you one way or another. It isn’t going to do anything,” he opined.

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