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<blockquote data-quote="1989" data-source="post: 3502583" data-attributes="member: 10280"><p>Correct, he doesn’t see any VALUE in bitcoin. He probably sees it as just a trading vehicle. </p><p></p><p></p><p></p><p><a href="https://www.cnbc.com/quotes/" target="_blank">Microsoft</a> Co-founder <a href="https://www.cnbc.com/bill-gates/" target="_blank">Bill Gates</a> told CNBC in the same interview Monday that he would bet against <a href="https://www.cnbc.com/quotes/" target="_blank">bitcoin</a> if he could. </p><p></p><p>"As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment," Gates said. "I would short it if there was an easy way to do it."</p></blockquote><p></p>
[QUOTE="1989, post: 3502583, member: 10280"] Correct, he doesn’t see any VALUE in bitcoin. He probably sees it as just a trading vehicle. [URL='https://www.cnbc.com/quotes/']Microsoft[/URL] Co-founder [URL='https://www.cnbc.com/bill-gates/']Bill Gates[/URL] told CNBC in the same interview Monday that he would bet against [URL='https://www.cnbc.com/quotes/']bitcoin[/URL] if he could. "As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment," Gates said. "I would short it if there was an easy way to do it." [/QUOTE]
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