NFTs, According to Bill Gates, are “100% based on bigger fool theory”

Jun 15, 2022

Metablox NFT save memories to the blockchain

OWN PLACES • SAVE MEMORIES

Everyday we create memories that are attached to places, but how will future generations know what happened to us? 

Metablox is saving our most important memories on the blockchain, and you can own the real world places the memories happened.

NFTs, According to Bill Gates, are “100% based on bigger fool theory”

Originally posted here.
By: Peter Olaluwapo

Overview

Microsoft co-founder Bill Gates, while delivering his latest thoughts on cryptocurrencies and non-fungible tokens (NFT) at a TechCrunch conference on climate change Tuesday, says, “You have an asset class that’s 100% based on some sort of greater fool theory that somebody’s going to pay more for it than I do.”

Important to note is that this isn’t the first time the philanthropist and entrepreneur has cast doubt on digital assets. Gates reportedly claimed he doesn’t enjoy investing in cryptocurrencies since their worth is reliant on what someone else decides someone else will pay for it, rather …

Read The Full Article On CryptoCurrencyNews.com

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer .

The Post

SHARE THIS POST

Add your voice!Join the conversation on Discord...