What did Bill Gates say about cryptocurrency?

Bill Gates says he does not own any cryptocurrency because he prefers investing his money “in things that have valuable output”. The Microsoft founder, who is the world's fourth richest man with a personal wealth of $116bn (£92.8bn), made the comments during an “Ask Me Anything” event on Reddit.

Does Bill Gates believe in cryptocurrency?

Bill Gates said he doesn't invest in cryptocurrency because he likes investing in things with "valuable output." Gates has cautioned people against investing in crypto before, especially those with "less money" than Elon Musk. Gates has also warned about the environmental impact of crypto.

Does Bill Gates endorse Bitcoin?

Microsoft cofounder Bill Gates isn't a fan of cryptocurrency.

Does Warren Buffett on cryptocurrency?

"Buffett has ridiculed cryptocurrencies as an asset that 'doesn't create anything' but somehow he has been cosying up to fintech lately. His moves reaffirm his faith as well as his willingness to associate with companies that are involved in the cryptocurrency sector," he added.

Does Warren Buffett own any bitcoin?

Warren Buffett just said he doesn't own bitcoin because 'it isn't going to do anything' — he'd rather own these 2 productive assets instead.

Bill Gates: I'm Not Bullish on Bitcoin

How many bitcoin does Bill Gates have?

During an 'Ask Me Anything' exchange on Reddit, Mr Gates said he does not own any cryptocurrency. Mr Gates, the fourth-richest person in the world, said he does not see any value in crypto investments. He also expressed his views on several other topics, such as whether billionaires should pay more taxes.

Does Elon Musk invest in bitcoin?

Musk acknowledges that he has invested in three cryptocurrencies, Bitcoin, Ethereum, and Dogecoin.

What cryptocurrency does Elon Musk like?

Dogecoin. Since he occasionally tweets about Dogecoin, Elon Musk has almost become the public face of the currency. He has been following Dogecoin since the currency's release. In one of his Twitter posts, he said that Dogecoin might be his favorite currency since “It's pretty cool.”

In which coin jeff Bezos invested?

Jeff Bezos, the founder of Amazon and boss of Blue Origin, has over the years been rumoured to own both Bitcoin and Ethereum.

Which cryptocurrency will rise in 2022?

What crypto Does Tesla own?

Tesla made an initial $1.5 billion investment in bitcoin in early 2021. Musk has often tweeted about his support for the top crypto as well as for other smaller, meme currencies such as dogecoin.

What crypto is Tesla buying?

Tesla, the electric carmaker headed by billionaire Elon Musk, has started to allow people to buy brand merchandise using Dogecoin, a cryptocurrency initially started as a joke. Mr Musk announced the development on Twitter on Friday, a month after hinting of the plans.

Which cryptocurrency should I invest in 2021?

Who is the richest person in cryptocurrency?

hangpeng Zhao, the founder and CEO of Binance, is the wealthiest person in crypto, worth an estimated $65 billion, according to Forbes' 2022 Billionaires rankings, published on Tuesday April 5.

What did Buffett say about bitcoin?

The billionaire finance guru Warren Buffett, who complained recently that he did not know where to put his money, said cryptocurrencies are not being a productive asset and said he wouldn't buy the whole of bitcoin even for 25 US dollars.

Why does Warren Buffett not like bitcoin?

Buffet clarified that he would do so because he sees no value creation in holding Bitcoin. He explained that owning assets like real estate; farmland etc would generate income in the form of rent, crops, etc. But holding Bitcoin would not generate any such value.

Did Elon Musk make a cryptocurrency?

Dogecoin. Dogecoin value 2022: Why did Elon Musk make the cryptocurrency's value rise? Dogecoin.

Did Elon buy Dogecoin?

It was revealed on Monday that Musk took a 9.2% stake in Twitter, a stock purchase worth just under $3 billion. Dogecoin, the cryptocurrency that Musk owns and frequently supports, immediately spiked 10% on the news. Dogecoin's DOGE token jumped from $0.143 to around $0.156 this morning.

What is Elon coin?

Dogelon Mars ticker symbol, ELON, says as much about the association. The naming masterstroke captures the attention of meme coin enthusiasts. Dogelon Mars is a meme coin that seeks to reciprocate the success of Dogecoin. It then loops in on Elon Musk, the lord of the meme coins.

Does Elon Musk own ethereum?

I still own & won't sell my Bitcoin, Ethereum or Doge fwiw," Elon Musk tweeted.

Who is the godfather of crypto?

Andre Cronje, the globally acclaimed 'Godfather of DeFi', published a blog titled 'The rise and fall of crypto culture' where he was quite vocal about his concerns regarding the development of DeFi protocols.

What Elon Musk says about Dogecoin?

On the show, Musk appeared as “the Dogefather” and when asked to explain “what is dogecoin?”, he replied: “Yeah, it's a hustle.” Chris Kline, a co-founder of the investment firm Bitcoin IRA, said: “Elon Musk has been an advocate for the crypto community for many years.

What is the next hot crypto?

The next cryptocurrency to consider buying in 2022 is PancakeSwap. In its most basic form, PancakeSwap is a decentralized exchange that was launched in late 2020. The exchange allows users to buy and sell digital tokens without going through a third party.

Will XRP burn coins?

Ripple — the company that developed the software that the XRP (CRYPTO: XRP) network runs on — could burn a sizeable portion of the coin's total supply.