Microsoft founder Bill Gates is not a fan of bitcoin, mainly because of the energy requirements of the cryptocurrency and the resulting environmental impact. Gates also thought it was not worth investing in bitcoin who didn’t have as much money as Elon Musk.
Elon has a lot of money and is very sophisticated, so she doesn’t have to worry about her bitcoin randomly getting expensive or falling
He told Bloomberg.
I think people who don’t have that much extra money go shopping for these mania, so I’m not optimistic about bitcoin, and my general belief is that anyone with less money than Elon should probably be careful.
Gates explained years ago that the anonymity of cryptocurrencies is not a good thing either. He noted that cryptocurrencies, he said, are a direct cause of death because, because of their unregulated and untraceable, they are favored for financing illegal activities such as drug trafficking or terrorism, or money laundering.
Photo: Bloomberg / Getty Images Hungary
The governor intervenes
Bitcoin fell 13 percent from its previous high of $ 58,354 on Tuesday – a bitcoin cost $ 46,817.
US Federal Reserve Chairman Janet Yellen also criticized the energy demand and environmental devastation of cryptocurrencies.
I don’t think it’s widespread as a transactional mechanism. It is an extremely wasteful way to conduct transactions because it consumes an amazing amount of energy.
Yellen pointed out.
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