Jerusalem News Agency – Bill Gates reveals his position on investing in Bitcoin


After statements in support of Bitcoin by billionaire Elon Musk contributed to the currency’s skyrocketing recently, Microsoft founder Bill Gates called for avoiding investing in it.

In an interview with “Bloomberg”, Gates said, directing his words to Bitcoin investors: “Any investor who does not have as much money as Musk does, should avoid investing in Bitcoin.”

Gates added: “Random bitcoin price fluctuations are not a concern for people like Musk who has a lot of money, while the risks will be worrisome for others.”

And Gates had indicated in previous statements that he had not invested in bitcoin, indicating his preference to invest in companies that manufacture products, according to the American “Forbes” magazine.


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