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Bill Gates says crypto and NFTs are based on ‘greater fool theory’

Bill GatesGerard Miller | CNBCBill Gates is not a fan of cryptocurrencies or non-fungible tokens.Speaking at a TechCrunch talk on climate change Tuesday, the billionaire Microsoft co-founder described the phenomenon as something that's "100% based on greater fool theory," referring to the idea that overvalued assets will go up in price when there are enough investors willing to pay more for them.Gates joked that "expensive digital images of monkeys" would "improve the world immensely," referring to the much-hyped Bored…

Stream Kevin Gates’ Newest Album ‘Khaza’ Available Now

Just a week after dropping a freestyle over Kodak Black’s “Super Gremlin” instrumental, Kevin Gates returns with his third studio album Khaza.The 19-track track project features a sole guest appearance from Juicy J, who shows up on the previously released single “Thinking With My Dick.”Khaza marks the first full-length offering from the Baton Rouge native since 2021’s Only the Generals, Pt. II, while serving as the official follow-up to his second studio album, 2019’s I’m Him.In tandem with the release, Gates has…

bill gates: NFTs, crypto are ‘100% based on greater fool theory’: Bill Gates

San Francisco, Tech billionaire Bill Gates has said that he holds no position in cryptocurrencies or non-fungible tokens (NFTs), as they are "100 per cent based on greater fool theory".The theory is a financial concept that even overpriced assets can make money as long as you find a bigger idiot to sell them to.Gates said he rather preferred investing in assets with tangible outputs, like farms or factories, "or a company where they make products". He was speaking at an event on climate change hosted by TechCrunch."I'm…

Bill Gates says NFTs are ‘100 percent based on greater fool theory’

Tech billionaire Bill Gates has dismissed NFTs as “100 percent based on greater fool theory” — the financial concept that even overpriced assets can make money as long as you find a bigger idiot to sell them to. Speaking at an event on climate change hosted by TechCrunch, Gates said he preferred investing in assets with tangible outputs, like farms or factories, “or a company where they make products,” and that he held no position in cryptocurrencies or NFTs. “I’m not involved in that. I’m not long or short in any of…

Kevin Gates Name-Drops Beyoncé, Rubi Rose, and More on “Super General”

Kevin Gates has seemingly confirmed his single status.The Baton Rouge rapper returned Thursday with “Super General,” a sexually explicit freestyle in which he calls out his wife, Dreka. The two tied the knot back in 2015 after welcoming two children together. Though they’ve faced a number of divorce rumors over the last several years, fans were convinced they called it quits in 2022, after Gates was spotted with with Love & Hip-Hop star Jojo Zarur.“Shit on my name, gave me a blemish/A mother done turned my lil ones…

How to Prevent the Next Pandemic by Bill Gates review – a germ of an idea | Science and nature books

You’d have to be living under a rock not to know we are in the midst of one of the most devastating pandemics in history. Just how devastating became clear earlier this month when the World Health Organization released a report estimating the global excess death toll due to the pandemic as 15 million – nearly three times the official Covid death count. Other authorities think global excess deaths may be closer to 18 million. These are awfully big numbers, but they pale in comparison with the 1918-1919 Spanish influenza…

Gates unveils new next-gen belt drive systems for bicycles and e-bikes

Gates, a leading belt transmission manufacturer that creates chain-replacing belt drives for bicycles, motorcycles and other power transmission needs, has just unveiled the newest update to its Carbon Drive portfolio of belt drive products. The updates include new as well as upgraded components across its four key product lines (ST TM, CDN TM, CDC TM, CDX TM). Belt drives are prized for their many advantages of chain drives, including reduced maintenance, longer life spans, lower noise, and lack of oil that can…

Bill Gates Uses The Galaxy Z Fold 3, Not Microsoft’s Surface Duo 2

Bill Gates, the founder of Microsoft, revealed that he’s using the Galaxy Z Fold 3 as his smartphone of choice, not the Surface Duo 2. He revealed this during a Reddit AMA.The fact that Bill Gates uses Android is not exactly news. He has confirmed that several times thus far, and the first time it happened was back in 2017. We just didn’t know which phone he uses at the moment.Bill Gates confirmed he’s using the Galaxy Z Fold 3 as his personal smartphoneDuring the Reddit AMA, he did say that he’s trying different phones,…

Bill Gates’ Smartphone Choice May Surprise You

Microsoft co-founder Bill Gates apparently uses the Samsung Galaxy Z Fold 3 smartphone. The billionaire executive made the revelation during an AMA (ask-me-anything) session on Reddit.Bill Gates didn’t talk about the company’s own Surface Duo 2 smartphone“I have an Android Galaxy Z Fold3. I try different ones. With this screen, I can get by with a great portable PC and the phone and nothing else,” Gates said on Reddit (via Android Authority). Many would have presumed that Bill Gates would be using the Surface Duo 2…

Bill Gates uses a Samsung foldable instead of a Microsoft Surface Duo

Last updated: May 20th, 2022 at 16:18 UTC+02:00 Microsoft co-founder turned philanthropist Bill Gates uses the Galaxy Z Fold 3 as his daily smartphone. Mr. Gates revealed in a Reddit AMA (Ask Me Anything) session that he uses the Galaxy Z Fold 3 together with a portable PC “and nothing else.” “I have an Android Galaxy Z Fold 3. I try different ones. With this screen, I can get by with a great portable PC and the phone and nothing else,” said Bill Gates on Reddit when asked what kind of phone he has. Interestingly…