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Why Bill Gates doesn't hold cryptocurrencies



 Bill Gates is not a fan of cryptocurrencies. He doesn't hold any coins himself and doesn't believe in their use either.

He said so in an AMA on Reddit when asked about the topic by users.

Specifically: “I invest in things that have a valuable output. The value of companies is based on making great products. The value of cryptocurrencies lies solely in speculating what someone else will pay for them in the future. They add no value to society."

Bill Gates is the fourth richest person in the world with a net worth of $125 billion.

The billionaires of this world are very divided when it comes to the usefulness of cryptocurrencies.

Ex-Twitter CEO Jack Dorsey has founded a Bitcoin company. Elon Musk is the second largest Bitcoin hodler in the world .

Star investor Warren Buffett, on the other hand , regularly deals against cryptocurrencies .

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