Bill Gates’ prediction about Bitcoin and cryptocurrencies that has come true: “I’m not optimistic”

Microsoft founder, Bill Gates, has always been a visionary and ahead of his time. While his business side has given way to philanthropy for some time now, he remains one of the greatest economic and business minds of our time.

So much so that some statements in an interview last year have become a complete prediction about the future of the cryptocurrency market such as bitcoin, which has collapsed in recent weeks.

In Bloomberg Technology already warned in February 2021 that the high volatility of the cryptocurrency market could not only bring a great benefit, but also a great loss at the same time and that it could be affected by factors as daily as a tweet from the creator of Tesla, Elon Musk, one of the great defenders of crypto.

“Elon has tons of money and is very sophisticated, so I’m not worried about his cryptocurrency going up or down randomly,” Gates said in the aforementioned interview. “I worry about people who get carried away and those who do not have so much money left overso I’m not bullish on Bitcoins,” he said, adding a warning later: “If you have less money than Elon, You should be careful“.

One topic, two very different speeches

The cryptocurrency fever It is very close to young people and also to their references, such as youtubers and influencers. Two of those references for a large part of Spanish youth are Ibai Llanos and Wall Street Wolverine and both have very different views on these virtual currencies: while the first, with 10 million followers on Twitch, calls for caution and ensures not to invest in cryptocurrencies or NFT, the second, with 434,000 followers on YouTube, calls to ‘hold’ , that is, to maintain the investment and not sell even if its value falls.

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Bill Gates’ prediction about Bitcoin and cryptocurrencies that has come true: “I’m not optimistic”