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Last updated: June 19, 2025, 14:02  |  Written by: Arthur Hayes

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Don

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

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

Bill Gates reveals how people sell NFTs for so much

During A Conference Last Week

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

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

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

Don

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

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

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

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

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

Despite The Hype Around Nfts

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

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

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

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

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

Bill Gates says crypto and NFTs are a sham

Arthur Hayes can be reached at [email protected].

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