Bill Gates Says Bitcoin Is Only for Billionaires Like Elon Musk

Bill Gates Says Bitcoin Is Only for Billionaires Like Elon Musk
HeadlinesNewsBill Gates Says Bitcoin Is Only for Billionaires Like Elon Musk

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Bill Gates Says Bitcoin Is Only for Billionaires Like Elon Musk

U.Today3 days ago
Published on February 23, 2021 06:42 GMT+0edited on February 23, 2021 07:01 GMT+0

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According to Microsoft co-founder Bill Gates, you shouldn’t touch Bitcoin if you are not as rich and “sophisticated” as Tesla CEO Elon Musk:         

The fourth-richest person in the world took this elitist stance during his interview with Bloomberg:     

Elon has tons of money, and he’s very sophisticated. I don’t worry that his Bitcoin will sort of randomly go up or down[...] My general thought would be...if you have less money than Elon, you should probably watch out.    

Gates is worried about people with not too much money to spare “getting bought into these manias.”

It’s good if it’s traceable

As reported by U.Today, the billionaire philanthropist recently mentioned that he was “neutral” on Bitcoin after claiming that he would short in the past.