Cryptocurrency Q&A What did Bill Gates say about NFT?

What did Bill Gates say about NFT?

KimonoSerenity KimonoSerenity Sun Jul 21 2024 | 5 answers 753
In a recent interview, Bill Gates, the co-founder of Microsoft and a renowned figure in the tech industry, expressed his thoughts on Non-Fungible Tokens (NFTs). Questionably, he raised eyebrows by stating that while he sees the potential in digital assets and blockchain technology, he remains skeptical of the current hype surrounding NFTs. Gates questioned the long-term value and sustainability of these digital collectibles, suggesting that their prices may be driven more by speculation than actual utility. However, he did not dismiss the technology entirely, acknowledging that there are potential use cases for NFTs, particularly in areas like digital art and identity verification. Overall, Gates' comments indicate a cautious optimism towards the future of NFTs, while also highlighting the need for more practical applications and stability in the market. What did Bill Gates say about NFT?

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