Bill Gates recently stated that unless you are the world’s richest person, you should not be buying Bitcoin.  Recently, Microsoft CEO Bill Gates has said that Bitcoins are not for him because he has less money than Tesla CEO Elon Musk.

Things are getting interesting because the world’s richest people are beginning to talk about BTC.  Whether they support it or not is a different thing.  The BTC discussion taking a part of their valuable time is just proof that BTC is invading the strategic space of investors.

Now that Bill Gates has expressed his views on who should buy Bitcoin, this is implied enough that BTC is worth the buy.

Reportedly, Gates during an interview with Bloomberg TV, had stated that Bitcoin is not for everyone and that only the richest person in the world should consider investing in it. This means that there is someone who is worth the value can invest in Bitcoin.

Gates in a recent interview has stated, “Elon has tons of money and he’s very sophisticated, so I don’t worry that his Bitcoin will sort of randomly go up or down.  I do think people get bought into these manias who may not have as much money to spare. My general thought would be that if you have less money than Elon, you should probably watch out.”

It is important to remember that Bitcoin’s value doubled after Tesla purchased $1.5bn of BTC and accepted it as a mode of payment.

Also, Musk who made an investment in Bitcoin called it a less dumb form of liquidity than cash.

Also, Tesla’s 10-K report has registered with the United States Securities and Exchange Commission (SEC) that Tesla has invested $1.5 billion in the Bitcoin cryptocurrency.

While all this is happening Dan Held expressed, the US is about to pass yet another stimulus package for $1.9 trillion. And you don’t think Bitcoin can hit $100,000?

Dan also reinstated that anyone who has fully understood the Bitcoin cannot be a skeptic.  He insists on buying the dip.

It is interesting to see that Grayscale Bitcoin Trust, the world’s largest Bitcoin fund are selling off faster than the cryptocurrency itself and investors are rushing to the exits. 

The decision of Grayscale has come at a point in time where Bitcoin’s climb is stalling and this has in turn created a supply and demand imbalance as participants in the trust are seeking to find buyers in the secondary market.

Someone stated, over the next decade, there will be an abundance of everything – except Bitcoin.