Billionaire Bill Gates invests in companies and not digital currencies since they have no 'valuable output.'
Bill Gates Does Not Own Crypto Because It Doesn’t Have Product ValueBillionaire Bill Gates invests in companies and not digital currencies since they have no “valuable output.”
The American computer programmer and entrepreneur who co-founded Microsoft Corporation – Bill Gates – revealed he had not distributed some of his wealth into cryptocurrencies. He said he likes investing in things that have “valuable output,” arguing digital assets do not fit this bill.One of the world’s wealthiest people – Bill Gates – answered some interesting questions on Reddit’s interactive post “Ask me Anything.
On the other hand, he opined crypto is “just what some other person decides someone else will pay for it so not adding to society like other investments.”that digital currencies will eventually emerge as the main form of payment method. However, he took a “neutral view” on bitcoin, saying he is not a HODLer, nor he would short it.people to be utterly careful when investing in BTC as they could suffer severe financial losses.
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