Bill Gates: Don't Buy Bitcoin, If You Don't Have Musk's Money

Billionaire Bill Gates addressed the issue of cryptocurrencies in a recent TV interview. In his opinion, people with less money than Elon Musk should be careful when investing in similar means of payment.

IN A NUTSHELL:

Bill Gates thinks people with less money than Elon Musk should be careful when investing in Bitcoin;
This is not the first time the billionaires have had a difference of opinion on an issue.

The world's richest man - Elon Musk - has made no secret of his affection for cryptocurrencies. He has spoken favorably towards them several times on Twitter, and the company he founded, Tesla, invested $1.5 billion in Bitcoin. It turns out that another billionaire - Microsoft founder Bill Gates - has a completely different opinion on this financial instrument (via Bloomberg).

“Elon has tons of money and he’s very sophisticated, so I don’t worry that his Bitcoin will sort of randomly go up or down. I do think people get bought into these manias who may not have as much money to spare. My general thought would be that if you have less money than Elon, you should probably watch out," Gates said in a statement to Bloomberg Television.

Another rich man, Warren Buffet, also spoke in a similar tone about Bitcoin, according to which cryptocurrencies are completely devoid of real value. Among the critics of virtual coins is the current US Secretary of the Treasury - Janet Yellen. She considers Bitcoin to be an extremely poor tool for conducting transactions.

It is worth remembering that cryptocurrencies are not the first difference of opinions between Musk and Gates. The men also differ, for example, on the issue of Mars colonization or Covid-19, and their polemics are sometimes quite sharp.

It should also be noted that regardless of the opinions of individual people about cryptocurrencies, the Bitcoin exchange rate has recently reached record levels. Moreover, more major companies are considering allowing their customers to use similar means of payment - the list includesMastercard or Uber.