Bill Gates once again targeted cryptocurrencies and NFTs, saying “they are 100% based on the most stupid theory.” As he said in conversation TechCrunch, In which he was more deeply involved in climate change, though he also mentioned the crypto industry.

“Clearly, expensive digital images of monkeys are going to improve the world“- said Gates excitedly, referring to the highly selected and advertised club Bored Ape Yacht Club NFT, which created more. Billion dollars In sales, with celebrities like Madonna ი Jimmy Fallon Collect your own monkeys.

“I’m used to asset classes like the farm where they have production or the company where they produce the products,” he said. Crypto or NFTs “which are 100% based on some kind of stupid theory that someone would pay more than me for thisAnd where you have some anonymity, where you avoid taxes or government rules. I’m not involved in this anyway. I do not buy or sell these things. “

The financial theory to which Gates relates suggests that making money is sometimes possible by buying assets. Overpriced If these assets can be Resold At an even higher price later.

Bill Gates is not a cryptocurrency loverAnd his position has long been known.

During a რაცAsk what you want in Reddit Earlier this month, he said he would prefer to invest his money “That which has a valuable result.”

“The value of companies is based on how they create great products,” Gates wrote.. “The value of cryptocurrencies is what the other decides to pay the other in it, so it does not add to society like other investments.”

In addition, in an interview in February 2021, the founder of Microsoft warned that he was worried that people would get into “mania” when “they will not have so much money to save.”“My general opinion would be that if you have less money than Elon, you should probably be careful.”

Bitcoin fell to a new 18-month low on WednesdayAttracting small cryptocurrencies and deepening the market crisis triggered by cryptocurrency lender Celsius, which froze consumer withdrawals this week.

The world’s largest cryptocurrency fell 7.8% to $ 20,289, the lowest level since December 2020. Bitcoin has lost about 28% since Friday and more than half of its value this year. In addition, it fell by almost 70% compared to the historical figure of $ 69,000 in November.

The digital currency sector was hit this week after US cryptocurrency lender Celsius froze funds between accounts and transfers.It has fueled fears in the contagious markets, which were already shaken by the collapse of the terraUSD and Luna cryptocurrencies last month.

(According to Reuters)

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