Bill Gates warned against buying Bitcoin

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Bill Gates warned against buying Bitcoin

26.02.2021 News

Microsoft founder Bill Gates has warned investors against buying the cryptocurrency Bitcoin. Bloomberg reports.

“If you have less money than Ilona [Mask], you probably need to be careful. Ilon has a lot of money and he’s very advanced, so I’m not worried that his bitcoins will rise and fall chaotically,” Gates said.

Gates fears that people who do not have large savings are exposed to similar “mania”.

Gates says he does not particularly believe in Bitcoin. Moreover, creating a cryptocurrency requires a huge amount of energy, and this is harmful to the environment.

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