Looks like Bill Gates is not quite impressed by Tesla’s investment in Bitcoin. Elon Musk has been promoting Bitcoin and Dogecoin for quite a bit now, he also recently revealed that Tesla has invested in Bitcoin too.
Microsoft CEO Bill Gates is not so quite impressed by Bitcoin and the change it has gathered in the world. Bill Gates is the third richest man in the world when asked about Cryptocurrency he said that he isn’t as rich as Tesla and anyone with lesser money that Elon should not invest in Bitcoin.
Elon on the other hand has been very vocal about the world-changing into Cryptocurrency world in the coming years, he also mentioned that Tesla has invested $1.5 billion in Bitcoin. A week after the investment Bitcoin dropped down 8-10% and lost a great amount of money.
Earlier last month Elon was titled as the richest man in the world, however, due to the loss, he lost his titles and was moved to the second richest man in the world.
During an interview Bill Gates took a dig at Elon Musk’s investment, saying that Bitcoin is only for the rich people like Elon as it comes with great risks too. Some Days the shares are up and some days they will be down, so anyone planning to invest in Bitcoin should be very careful and wise.
Bitcoin’s value has doubled as soon as Tesla invested money and made sure that people can pay via Bitcoin as well. Bill Gates has given all of us a piece of very wise advice by saying that we should not invest our life savings in Bitcoin as it can be risky and there is a lot of uncertainty. Elon himself has asked people to be careful while planning to invest in Bitcoin himself.