Bill Gates’ Warning Don’t Buy Bitcoins If You’re Less Money Than Musk

Bill Gates/Photo = Reuters

Bill Gates/Photo = Reuters

Microsoft Technical Advisor Bill Gates advised against investing in Bitcoin. Gates warned that you shouldn’t invest in bitcoin unless you have as much wealth as Elon Musk Tesla’s CEO, the richest man in the world.

According to Bloomberg News on the 25th (local time), Gates appeared on Bloomberg TV and expressed his opinion on Bitcoin, which is attracting enormous attention around the world.

On the broadcast, Gates lucked out, “Because Musk has a lot of money and is very intelligent, I don’t worry about the random rise and fall of his bitcoin.” “I think those who don’t have a lot of extra money get bought out of this craze. I think if you have less money than Musk, you should be careful about investing in bitcoin.”

The Bloomberg News reported that Gates, the world’s third richest man, sent a message telling him not to buy bitcoins unless he was the richest man in the world.

Earlier, Musk supported Bitcoin several times. Recently, Musk also purchased $1.5 billion (about 1.6 trillion won) of Bitcoin.

On the 1st, CEO Musk introduced himself as a “Bitcoin supporter” through a discussion at Clubhouse, a voice-based SNS app operated on an invitation basis.

On this day, he said, “Be careful, because what I’m talking about here can move the market.” “Many of my friends have long tried to convince me to participate in this market,” he said.

Musk said that it wasn’t long before he started believing in bitcoin. “It seems like it’s too late to join the party.”

He also confessed, “I think bitcoin is good only now,” and “I am now a supporter of bitcoin.” “I think Bitcoin is on the verge of being widely accepted by traditional financial investors.”

However, on the 22nd, Musk recently revealed that the price of the cryptocurrency “looks high” and the price of bitcoin plummeted.

Jeongho Kim, guest reporter at Hankyung.com [email protected]

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