NFTs and crypto don't get Bill Gates's approval.
The tech billionaire dismissed digital assets — particularly NFTs — as "100% based on greater fool theory" while speaking at a climate conference hosted by TechCrunch on Tuesday. In essence: the assets will only go up in price so long as enough investors are willing to pay more for them, making the assets void of any real value when investors aren't present.
Image: https://www.gatesnotes.com/Bio
