
The Microsoft founder, Bill Gates shuns bitcoin, he disclosed this in a live chat on Clubhouse.
Despite the buzz about cryptocurrency and talks about its gains, Bill Gates says he has not invested.
The billionaire listed other areas he put money on, adding that he had no problem with those who make their money via digital currency.
On claims that bitcoin production could be damaging for the environment, Gates said he was not totally convinced that was the case.
In other words, I donât see the topics as deeply related even though you might label me a bitcoin skeptic. That is, I havenât chosen to invest money.
However, I buy malaria vaccines. I buy measles vaccines. I invest in companies that make products.
âItâs not a, âHey, somebodyâs going to buy this for more money than Iâd pay for it.â If other people find their fortune that way, I applaud themâ, he said.
In a previous interview with Bloomberg, Gates commented on Elon Muskâs interest in crypto.
The business magnate advised those who have less money than the Tesla founder to âprobably watch outâ.
Elon has tonnes of money and heâs very sophisticated. So I donât worry that his Bitcoin will sort of randomly go up or down.â