WebJun 15, 2024 · BILLIONAIRE Bill Gates dismissed cryptocurrency projects such as non-fungible tokens (NFTs) as shams "based on the greater-fool theory" at a climate conference Tuesday (Jun 14), reviving past criticisms of digital assets. ... Popular NFT collections, including the celebrity-favoured Bored Ape Yacht Club (BAYC), are also … WebGreater fool theory is an investment mechanism that makes an investor purchase overvalued security without regard to its quality, making it a greater fool that leads to …
Bill Gates Blasts Crypto, NFTs as Based on ‘Greater …
WebMar 17, 2024 · The Barrett NFT has been out for just months, and it’s already surprisingly pricey. Speculative bubbles are fueled by the idea that there’s always a greater fool to … WebJun 15, 2024 · Microsoft co-founder Bill Gates described the cryptocurrency and non-fungible tokens phenomenons as being "100% based on greater fool theory.". During an appearance at a TechCrunch talk to discuss climate change on Tuesday (June 14), Gates discussed the recent popularity of crypto and NFTs and his doubt of the idea that they … grecja wczasy samolot all inclusive
NFTs & The Greater Fool Theory – Are They Related?
WebJul 14, 2024 · Bill Gates called crypto and NFT investments “100% based on greater fool theory” in a TechCrunch talk on climate change, referring to how overpriced assets … WebJun 15, 2024 · The Bored Ape Yacht Club floor price, representing the cost of the cheapest available NFT on the market, has fallen nearly 14% in seven days to a low of 76 ether, or … WebJun 16, 2024 · The tech billionaire added that NFTs were 100% based on the “greater fool” theory — the financial concept that says that even the most overpriced asset would make money as long as there was ... florist on edwin raynor pasadena md