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Maybe that's because no one should blindly trust a billionaire's opinion on a form of economics. Same goes for Elon Musk, who's on the opposite end of Bill Gat
by ravenstine 6y ago
Maybe that's because no one should blindly trust a billionaire's opinion on a form of economics. Same goes for Elon Musk, who's on the opposite end of Bill Gates on BTC. It shouldn't be surprising that Bill Gates, Peter Schiff, and so forth might find BTC to be a threat to at least some of their wealth. (as an example, if cryptocurrency somehow evened the playing field for people to build up their wealth, that's not good for the <1% who won't stop collecting more money than they'll ever need)
Meanwhile, we've got many people(and many of whom I think are extremely hypocritical) piling on the BTC hate mob and using Bill Gates to feed into their viewpoint. Gates is a smart man, but I don't think it's reasonable to believe that his opinion on BTC is worth much more than someone whose net worth is a minuscule fraction of his.