Bill Gates says crypto, NFTs based on 'fool theory' - CTV News

Bill Gates called cryptocurrencies and NFTs are based on 'greater fool theory' at a TechCrunch conference, referencing the notion that investors can make money on worthless or overvalued assets as long as people are willing to bid them higher.

Don't count Bill Gates among the fans of cryptocurrencies and NFTs. Those digital asset trends are "100 per cent based on greater fool theory," the Microsoft co-founder said Tuesday at a TechCrunch … [+1297 chars]

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