Bill Gates said he thinks cryptocurrencies and NFTs are “100%” based on the Greater Fool Theory. The 66-year-old billionaire was referring to the notion that overvalued assets will keep rising because there are enough people willing to pay high prices for them. He joked that “expensive digital images of monkeys” would “improve the world immensely.”

amous tech investor Peter Thiel presented while speaking at a major cryptocurrency conference in Miami, a crypto hot spot. He wanted to expose anti-crypto investors, he said. Warren Buffett is top-ranked on this enemy list. Thiel referred to Buffet as a “sociopathic grandpa” for Buffett’s previous comments casting doubt on the value of crypto.