Bill Gates Says Bitcoin Does Not Benefit Society

  • Bill Gates recently hosted an AMA on Reddit where he discussed why he does not invest in bitcoin or other cryptocurrencies.
  • Gates explained that bitcoin provides no valuable output and therefore does not add to society.
  • We need to change the lens through which we define value and output to correct this misunderstanding.

Bill Gates, fourth-richest person in the world and legendary founder of Microsoft, held an Ask Me Anything (AMA) on Reddit, which was proven to be true on Twitter, where he explained he does not invest in bitcoin because it is not “adding to society”. Is he wrong?

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