Bill Gates urged everyone who is not a billionaire to be wary of investing in BTC

One of the richest people on the planet, the creator of Microsoft Bill Gates once again criticized the popularization of bitcoin among ordinary people. The reason for Gates' new statement about the first cryptocurrency was a recent social media post by the founder of Tesla, Ilon Musk.

The billionaire reacted to Musk's post, in which he obviously supported bitcoin. Such publications of celebrities encouraging investments in cryptocurrencies have a serious impact on public sentiment, Gates worried. According to him, Musk may not worry about the direction of the BTC exchange rate, because he has "a lot of money". Most people who succumb to "bitcoin mania" don't have enough capital not to feel at least the slightest fluctuations in the rate of BTC, the businessman added.

Therefore, as the creator of Microsoft believes, a person who has less money than Ilon Musk should stay away from investing in bitcoin.

Explaining his position, the businessman pointed out that he is mostly alarmed by the lack of transparent regulation of the cryptocurrency market. In addition, Gates believes that the anonymous nature of digital currency transactions provokes the growth of fraud in this sphere.
Interview

10-03-2022

Mitchell Adams

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