Bill Gates: Cryptos, NFTs fully based on greater fool theory

Jun. 15, 2022 5:34 PM ETBitcoin USD (BTC-USD)MSTRBy: Max Gottlich, SA News Editor236 Comments

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Bill Gates, the co-founder of Microsoft, believes cryptocurrencies and non-fungible tokens (NFTs) are fully based on the greater fool theory, which suggests that prices of overvalued assets will keep rising because there are enough speculators willing to pay.

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