During an interview with Bloomberg, Bill Gates warned the world that “unless you are the richest person in the world,” that is, Elon Musk, “you should not buy Bitcoin.”
Everyone has something to say about Bitcoin
As Bitcoin has made its way to the top, more and more people are making positive or negative comments. Regardless, it is almost like a free advertisement in which Bitcoin makes itself known.
Despite the fact that not long ago, Bill Gates classified himself as “neutral” when it comes to Bitcoin. The billionaire issued a series of comments that, without a doubt, do not leave the balance in balance.
According to Gates, Bitcoin has so many downsides that many have apparently been ignoring.
Not good for the environment and not good for the not-so-rich
Bill Gates explained to Bloomberg that Bitcoin not only consumes a lot of energy, it can also cause serious problems for investors who don’t have a lot of money to spare.
Therefore, apparently, if you are not Elon Musk then you should not invest in Bitcoin, as advised by Bill Gates.
It’s worth remembering that the Tesla CEO recently invested $ 1.5 billion in Bitcoin through the company. Thus, Gates explained that “Elon has tons of money and is very sophisticated, so I am not worried about his Bitcoin going up or down randomly.”
However, Elon Musk doesn’t think like Bill Gates. In fact, the CEO of Tesla has repeatedly encouraged his Twitter followers to invest in Bitcoin.
Even so, we must bear in mind that the debate about Bitcoin is not new. Previously, characters like Warren Buffett or Janet Yellen have expressed their skepticism for the crypto leader.
However, the world has increased its acceptance of Bitcoin as companies such as PayPal, Visa and Mastercard have given their approval.