Bill Gates Mocks Bored Ape Yacht Club and NFTs
During his interview at TechCrunch: Climate Event 2022, Bill Gates shared his thoughts on the world of cryptocurrencies and NFTs. The tech icon intriguingly mocked the space's popularity, apparently referring to the Bored Ape Yacht Club, and questioning the development's positive impact.
"I don't know, I mean, obviously expensive digital photos of monkeys would greatly improve the world," Gates said. “And this is unbelievable. Anyway, I am used to asset classes where, for example, a farm where they produce or a company where they make products.”
Adding that he is "not involved" in NFTs, Bill Gates noted that NFTs are "100 percent based on, in a way, a greater deception theory", which means that someone must be "foolish" enough to pay more than they paid for it. . Finish by asking whether NFTs were created to avoid "government rules".
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