Bill Gates’s opinion on bitcoin currency said, don’t purchase bitcoins if you have less capital than Elon Musk, and has suggested people to avoid spending on bitcoin. He stated that Bitcoin should be purchased only if someone has enough money as Tesla CEO Elon Musk have.
Bill Gates Statement on Bitcoin
Bitcoin is a topic that is on fire these days. Recently, Bill Gates (Microsoft founder) has said an unusual thing about it. He told, who should purchase bitcoin? The world’s third-richest gentleman stated that bitcoins are not for me because I own less capital than Elon Musk. This means, who has less capital than Elon Musk, should not spend on bitcoin. Do you know Tesla has recently invested $ 1.5 billion in this cryptocurrency?
Don’t buy bitcoins if you have less money than Elan
In an interview with Bloomberg TV, Gates stated that bitcoin is not for all and only the richest person should consider buying them.
Bill Gates Statement on Bitcoin
He said that “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,”.
Bitcoin price rises after Tesla’s investment
Significantly, after Tesla’s purchase of $ 1.5 billion, the value of a single bitcoin doubled. Musk had announced to receive this as a payment mode shortly. However, Musk suggested users through a video not to waste all their life savings on cryptocurrencies. He said that people should not invest their savings capital on the basis of speculation. Correspondingly, Bill Gates has also advised users not to spend their savings in cryptocurrency.
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