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Last updated: June 17, 2025, 11:59  |  Written by: Linda Xie

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Don’t count Bill Gates among the fans of cryptocurrencies and NFTs. Those digital asset trends are “100% based on greater fool theory,” the Microsoft co-founder said

Bill Gates Ridicules NFTs, Says They're Based on 'The Greater Fool

Bill Gates reveals how people sell NFTs for so much

For Everyone Else

Bill Gates has said that NFTs are based on ‘fool theory’ and that he prefers investing in tangible goods. The billionaire, who was speaking at a climate change event

Bill Gates says crypto and NFTs are a sham

For everyone else, NFTs seem mostly like a high-tech way to part a fool from his money. And lots of money is changing hands. One market tracker reports some $500

What Happened

Bill Gates: Cryptocurrencies and NFTs ‘based on greater fool theory’

Bill Gates: Crypto, NFTs Are 'Greater Fool Theory' Shams

What Happened: The former Microsoft executive said cryptocurrency projects like NFTs were shams “based on the greater fool theory” at a climate conference

As Criticisms On Digital Assets

Bill Gates says cryptocurrency, NFT are shams based on 'Greater

Are NFTs 'shams' and people who invest in it 'fools'? - Watcher Guru

As criticisms on digital assets thickens worldwide, billionaire Bill Gates dismissed cryptocurrency projects such as nonfungible tokens (NFTs) as shams “based on the

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Per a recent BNN Bloomberg report, the billionaire ended up mocking NFTs while speaking at TechCrunch’s event in Berkeley on Tuesday. Using a sarcastic tone, he

Don't count Bill Gates among the fans of cryptocurrencies and NFTs. From a report: Those digital asset trends are 100% based on greater fool theory, the Microsoft co

During a conference last week, Bill Gates said that NFTs – unique digital images that are privately owned though indefinitely reproducible – and cryptocurrencies are

Despite The Hype Around Nfts

Despite the hype around NFTs, Microsoft Co-Founder Bill Gates has a pretty low opinion of them, dismissing non-fungible tokens as an asset based on the Greater Fool

Bill Gates Says Crypto and NFTs Are a Sham, '100% Based on

Reason: Are NFTs Dumb, a Scam, or Secre⁠t⁠ly Useful?

Linda Xie can be reached at [email protected].

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