100% based on greater fool theory...


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One of the richest man in the world, Bill Gates, said at a TechCrunch conference about the NFT of all Crypto-Currencies "100% based on greater fool theory" and joked at Bored Apes NFTs as "expensive digital images of monkeys". I still remember the day (about 10 years ago) that I was asked by a member about my opinion of Bitcoin because he intended to invest in Bitcoin and I was against his idea. For me all Crypto Currencies are the games of the rich who could afford a loss of some million USD without having to be broke. Elon Musk played with Bitcoin and won a huge fortune. Prudent and decent people like Bill Gates don't "rape" the poor with the Crypto Currency hype like Elon.