Bill Gates says Crypto & NFT are based on the ‘Greater Fool Theory’
As an asset class, it’s 100% based on the greater fool theory,” Bill Gates said. Gates was most likely alluding to the Bored Ape Yacht Club (BAYC), a popular NFT collection constructed on the Ethereum blockchain that depicts various caricatures of monkeys He stated that he invests in items with “valuable output,” claiming that digital … Read more
