Bill Gates Explains Why He Doesn’t Own Any Cryptocurrency

Bill Gates, one of the cofounders of Microsoft, is not a big supporter of cryptocurrencies

Gates, now the fourth-richest person in the world with a $125 billion net worth, claimed he doesn't hold any digital money

Crypto's worth is determined by someone else, therefore it doesn't help to society like other assets, he added

Bill Gates has voiced doubts about Bitcoin. In a February interview with Bloomberg, the billionaire expressed anxiety over Bitcoin mania

Possibly. The TerraUSD stablecoin collapsed last week, pulling down other cryptocurrencies

He voiced his concern for average people who are taking the risk of placing their money into cryptocurrencies.

He warned, "If you have less money than Elon, watch out."

The crypto market has been in freefall since TerraUSD fell last week

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