US billionaire Bill Gates called for avoiding investing in the digital currency, “Bitcoin”, for those with less money than the richest man in the world, Elon Musk, who advocates investing in this currency.
The founder of the American company “Microsoft” Gates said in an interview with “Bloomberg”: “At a time when Elon Musk (the American billionaire) is driving the buying frenzy in the cryptocurrency market, anyone with less money than him (Musk) should avoid investing in bitcoin. Be careful. “
“While price fluctuations may not be a source of concern for the likes of the CEO of Tesla and the rich (Musk), the risks will be worrisome to others,” he added.
б In one of his recent comments on the “Clubhouse” app, Gates noted that “Bitcoin mining is harmful to the environment.”
This statement came about two weeks after researchers at the University of Cambridge discovered that Bitcoin mining consumes more electricity than some countries consume, such as Argentina, for example.
On the other hand, Musk has been promoting investment in Bitcoin, and he speculates that this currency may gain wider recognition soon.
Musk considers that “investing in bitcoin is less” stupid “than investing in fiat money.
This week saw Bitcoin price rally pausing, dropping from a record $ 58,000 to its current level of around $ 47,300.