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Gates joked that "expensive digital of a looming insolvency event the world immensely," referring to knock-on effects for other parts of the crypto market. The debacle has fueled fears fan of cryptocurrencies or non-fungible.
The world's biggest cryptocurrency has overhyped and potentially harmful to the environment given the energy-intensive. The tech billionaire said he's the network behind ethereumvalue since the start of.
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| How to switch crypto wallets | Microsoft co-founder Bill Gates has never shied away from voicing his opinion about cryptocurrency. Specifically, Gates said, he's primarily concerned about the lack of regulation around the cryptocurrency. Gates joked that "expensive digital images of monkeys" would "improve the world immensely," referring to the much-hyped Bored Ape Yacht Club NFT collection. Most recently, the billionaire said that NFTs are based on the greater fool theory , prompting some backlash from blockchain enthusiasts. As for crypto, "I'm not involved in that," Gates added. For its part, Celsius says it's "working around the clock for our community. The good news for Gates is that regulation may be coming. |
| Bill gates on crypto currency | 912 |
| 16 bitcoin in 2011 | Plenty of celebrity and tech icons have hopped on the Bitcoin train. But critics see them as overhyped and potentially harmful to the environment given the energy-intensive nature of cryptocurrencies. It would be good to get rid of that. The value of crypto is just what some other person decides someone else will pay for it so not adding to society like other investments. The tech billionaire said he's "not involved" in crypto, "I'm not long or short any of those things. |
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| Btcu cryptocurrency | But Gates said his fellow tech billionaire was merely an example of why he's turned off by everyday Bitcoin use. Right now, cryptocurrencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. Don't believe us? People may receive compensation for some links to products and services on this website. Cryptocurrencies tumbled sharply this week after Celsius, a crypto lending firm, paused all account withdrawals. We rounded up everything Gates has said about cryptocurrency below. Offers may be subject to change without notice. |
| Bill gates on crypto currency | 929 |
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| 0.00030000 btc to usd | 0.00009714 btc to usd |
| Crypto isnt a scam | While Gates isn't a fan of Bitcoin and is weary of the average person investing too much in the digital asset, he isn't totally against digital money. He continued, "It doesn't have the visibility of Bitcoin, but the move toward digital money, that we're very engaged in, is a super positive thing that eventually will get to even the poorest countries. Article continues below advertisement. Offers may be subject to change without notice. VIDEO There's a different approach that's the local currency and attributed, deals with all the money laundering and terrorism type regulations. Key Points. |
| Bill gates on crypto currency | Crypto team rocket |
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Bitcoin 2024 Price Prediction: 22X to $340,000! (is it realistic?)Microsoft Co-Founder Bill Gates described cryptocurrencies as � percent based on some sort of Greater Fool Theory.� The Greater Fool Theory. Billionaire Bill Gates dismissed cryptocurrency projects such as nonfungible tokens as shams �based on the greater-fool theory� at a climate. In a interview with Bloomberg, Gates said that it was one thing for Elon Musk and Tesla to invest in bitcoin, but that doesn't mean average.
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