Three years ago, Bill Gates mocked crypto.. today the wealth of Satoshi Nakamoto, the creator of Bitcoin, at $BTC , surpasses the wealth of the Microsoft founder! ๐คฏ๐
In June 2022, Bill Gates, the founder of Microsoft, stated during the TechCrunch conference that cryptocurrencies and NFTs are: "100% based on the greater fool theory." ๐คก This refers to the idea that profit from them relies on having someone buy at a higher price, without any real value for the asset. ๐
Gates confirmed at that time that he does not invest in crypto, neither buying nor selling, preferring to invest in productive assets like farms and companies. ๐๐ข
Today, three years after those statements, the wealth of Satoshi Nakamoto, the creator of Bitcoin, is estimated at around $129 billion, while Bill Gates' wealth currently stands at about $117 billion. ๐๐ฐ
Source: Economic Times + Bloomberg. ๐ฐ๐