Microsoft co-founder Bill Gates is a classic nerdy software guy. The onetime richest man in the world generally isn't noted for having much of a sense of humor, at least not on Twitter. As it happens, June 15 marks the last day of support from Microsoft for one of its biggest, and most controversial, successes. Read More...
Motley Fool
Why Bill Gates Is Blasting Crypto… Again
Co-founder of Microsoft, Bill Gates, shared negative comments regarding cryptocurrency on June 14 at a climate change event hosted by TechCrunch in Berkeley, California. Although this is not the first time he’s voiced disapproval for crypto, his most recent criticism included claims of some well-known crypto projects, such as NFTs, or non-fungible tokens, being “100% based on greater fool theory.” The greater fool theory, related to the “market bubble,” attempts to explain why prices of specific assets rise dramatically and increase much beyond their actual value.
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