Bill Gates on Why He Doesn’t Own Any Cryptocurrency

Bill Gates on Why He Doesn’t Own Any Cryptocurrency
Microsoft founder-turned-philanthropist Bill Gates smiles during the Global Investment Summit at the Science Museum in London on Oct. 19, 2021. Leon Neal/POOL/AFP via Getty Images
Benzinga
Updated:
Microsoft Corporation founder Bill Gates has said he doesn’t own any cryptocurrency because he prefers to invest in things that have “valuable output.”

What Happened

Over the weekend, Gates responded to a number of questions from users across the world on a Reddit “ask me anything” thread.

In response to one particular question about his thoughts on Bitcoin and other cryptocurrencies, Gates explained why he doesn’t own any form of digital currency.