#USBitcoinReserves
🚨 With the recent collapse of digital currencies, Bill Gates warns against investing in Bitcoin and cryptocurrencies
Billionaire Bill Gates, the billionaire co-founder of Microsoft, confirmed that there are people with high intelligence rates who have deceived themselves in this matter.
Gates' comments come as the value of Bitcoin has reached record levels in recent weeks, and the cryptocurrency industry as a whole has hailed Donald Trump's arrival in the White House as a positive moment.
Cryptocurrency prices took a heavy hit on Monday due to the possibility of a trade war between the United States and its trading partners, with some well-known digital assets seeing their value drop by more than 10 percent, the Associated Press reported.
However, the notoriously volatile investment recovered later Monday, with the price of Bitcoin rising again above $100,000.
Doubts
Gates, who has a net worth of around $165 billion, has previously expressed skepticism about Bitcoin, and its volatility in particular.
In 2022, he warned that it could be a risky investment for people without deep pockets, and Bill Gates delivered a scathing assessment of cryptocurrencies, saying they were useless.