Did Bill Gates invest in Bitcoin?

Microsoft founder Bill Gates has not invested in Bitcoin, he said in a live chat on the social network Clubhouse. Mr Gates told host Andrew Sorkin that he preferred to invest in companies "that make products", citing malaria and measles vaccines as examples.

Is bitcoin bad for the planet?

Bill Gates Says Bitcoin Is Bad for the Planet. He’s Not Wrong. The cryptocurrency "uses more electricity per transaction than any other method known to mankind," he says. Bill Gates says bitcoin isn’t environmentally friendly. Research shows bitcoin mining uses more energy each year than the entire country of Argentina.

Is bitcoin a parabolic technology?

Bitcoin prices have seen parabolic moves of late, despite critics who say that it is a technology looking to solve a problem that doesn’t exist, while using outsize amounts of energy to create a single bitcoin. To be sure, this isn’t the first time, Gates has discussed bitcoin and cryptos but has beliefs have wavered over time.

Why is bitcoin so popular?

It’s all about the carbon footprint. “Bitcoin uses more electricity per transaction than any other method known to mankind,” Bill Gates noted. Yuri Gripas/Reuters Bitcoin is continuing to climb — its price is now above $54,000, giving it a market cap of more than $1 trillion — and draw more fans in corporate America.