{"id":61805,"date":"2022-05-21T10:44:22","date_gmt":"2022-05-21T07:44:22","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61805"},"modified":"2025-09-05T14:17:51","modified_gmt":"2025-09-05T11:17:51","slug":"bill-gates-explains-why-there-are-no-cryptocurrencies-in-his-investment-portfolio","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bill-gates-explains-why-there-are-no-cryptocurrencies-in-his-investment-portfolio\/","title":{"rendered":"Bill Gates explains why there are no cryptocurrencies in his investment portfolio"},"content":{"rendered":"<p>Microsoft founder Bill Gates said during a <span data-descr=\"Ask Me Anything\" class=\"old_tooltip\">AMA<\/span>-session on Reddit that he does not own cryptocurrency.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cI like to invest in things that have value. The value of companies lies in what they do\u2014produce great products,\u201d Gates explained.<\/p>\n<\/blockquote>\n<p>In his view, digital assets do not fall into this category.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe value of cryptocurrencies depends on what people are willing to pay for them,\u201d the billionaire noted.<\/p>\n<\/blockquote>\n<p>Gates added that such assets do not benefit society.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-reddit wp-block-embed-reddit\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"reddit-embed-bq\" style=\"height:316px\" ><p><a href=\"https:\/\/www.reddit.com\/r\/IAmA\/comments\/ut7yj0\/im_bill_gates_cochair_of_the_bill_and_melinda\/\">I\u2019m Bill Gates, co-chair of the Bill and Melinda Gates Foundation and author of \u201cHow to Prevent the Next Pandemic.\u201d Ask Me Anything.<\/a><br \/> by<a href=\"https:\/\/www.reddit.com\/user\/thisisbillgates\/\">u\/thisisbillgates<\/a> in<a href=\"https:\/\/www.reddit.com\/r\/IAmA\/\">IAmA<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/embed.reddit.com\/widgets.js\" charset=\"UTF-8\"><\/script>\n<\/div>\n<\/figure>\n<p>In February 2021, the founder of Microsoft <a href=\"https:\/\/forklog.com\/en\/news\/bill-gates-cautions-investors-to-tread-carefully-with-bitcoin\">urged<\/a> potential investors not to follow the example of Tesla, <a href=\"https:\/\/forklog.com\/en\/news\/elon-musks-tesla-invested-1-5-billion-in-bitcoin-the-assets-price-rose-to-44800\">having invested $1.5 billion in bitcoin<\/a>. In his view, those with less capital than Elon Musk should be more cautious.<\/p>\n<p>Earlier, in March 2021, Gates <a href=\"https:\/\/forklog.com\/en\/news\/bill-gates-sees-bitcoin-as-a-problem-for-the-global-climate\">flagged a climate problem<\/a> for Bitcoin.<\/p>\n<p>Earlier, former chair of the US Federal Reserve Ben Bernanke <a href=\"https:\/\/forklog.com\/en\/news\/former-fed-chief-questions-bitcoins-prospects-as-an-alternative-to-fiat\">doubted the prospects of digital gold<\/a> as an alternative to fiat. He said Bitcoin is attractive \u201cas a speculative asset\u201d.<\/p>\n<p>Read ForkLog\u2019s Bitcoin news on our Telegram \u2014 crypto news, rates and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microsoft founder Bill Gates said during an AMA session on Reddit that he does not own cryptocurrency.<\/p>\n","protected":false},"author":1,"featured_media":61806,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[2107,1138],"class_list":["post-61805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bill-gates","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"29","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=61805"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61805\/revisions"}],"predecessor-version":[{"id":61807,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61805\/revisions\/61807"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/61806"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=61805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=61805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=61805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}