The Bitcoin kingdom is a safe haven for many investors, as it has managed to offer returns of over 400% in the past twelve months. Investors and politicians who were not fans of digital currency are now investing in the digital world regardless of the volatility of the sector, regardless of the fortunes associated with it.
The person with the best-known profile who joined the bandwagon is also the richest man in the world Elon Musk, who through Tesla shares, has invested $ 1,5 billion in the Bitcoin market and may soon accept the asset. digital as a means of payment.
Bill Gates despises Elon Musk
However, the third richest man in the world, Bill Gates, aims to jibe Elon Musk and has said that cryptocurrency is not a good investment that Main Street should consider.
Bill Gates said that Elon Musk is very smart and has a lot of money, so if the digital currency known as bitcoin were to go up or down, it wouldn't bother him. These are the words that Gates released during an interview with Bloomberg's Emily Chang. Furthermore, he added that if people don't have the same money to spend as Musk, they should stay away from this world.
Then he argues that cryptography is harmful to the environment, because the mining process consumes a lot of energy… (well, we wonder how much energy we consume then to keep PCs running on its operating system. NDR).
Bill Gates shows an open dislike of cryptocurrency, much like Warren Buffett, who believes that digital currencies are worthless and produce nothing of importance, and Janet Yellen, the Secretary of the Treasury, followed in the footsteps of Buffett and Gates in the when he said that bitcoin was an "extremely inefficient way of conducting transactions".
There are therefore many high-profile people who do not support the cryptocurrency revolution, so it seems that the future holds many challenges for the currency, investors and miners.
Musk with Crypto
Elon Musk doesn't hide his passion for bitcoin and shows it with his assertive tweets that have been linked to various price spikes. Bitcoin gained over 76% in February and hit a new all-time high of $ 58.000 until Musk tweeted that its price was high and bitcoin dropped 13% soon after the comment.
If Bill Gates is concerned about people losing their money or the huge energy consumption caused by mining processes, the fact remains that investors / traders show no signs of letting go of this train.
Have you already got on board? We remind you that in addition to buying the digital currency, you can also trade it through reliable and safe platforms such as Bitcoin Pro, which allow you to use an automatic software that is easy to use even for beginners.