Bill Gates Says Cryptocurrencies Do Not Add Anything to Society

May 20, 2022

In a recent AMA session on Reddit, Bill Gates answered what he thinks of bitcoin and cryptocurrencies

“I don’t own any. I like investing in things that have valuable output,” Microsoft founder wrote when asked what he thinks of bitcoin.

Tech giant said that crypto’s value is just what some other person decides someone else will pay for it.

The tech pioneer turned philanthropist opined cryptocurrencies do not add to society like other investments.

Though Bill Gates might not be a fan of cryptocurrencies he does think Metaverse is pretty cool.

Earlier, the tech pioneer had warned crypto investors to watch out if they aren’t as rich as Elon Musk.

In a recent interview with Wired, Bill Gates had said that he is “neutral” about cryptocurrencies.