Bill Gates Doesn’t Think Web3 is a Big Deal
Microsoft co-founder Bill Gates doesn’t seem convinced of the importance of Web3 and the metaverse, saying that the technology is not “revolutionary”.

Microsoft co-founder Bill Gates doesn’t seem convinced of the importance of Web3 and the metaverse, saying that the technology is not “revolutionary”.
Although there has to be more control and “fraudulent actors” removed from the market, he believes “crypto is here to stay” despite recent setbacks.
The 4,700 square meter NFT “located” at 44 West 37th Street, functions as an irreversible digital asset.
Speaking at a conference on climate change, Gates affirmed his apprehension about the asset class, stating that it is "100% based on greater fool theory."
Miller said Bitcoin “functioned without the Fed and without any interference” during times of market turmoil, concluding that “it’s an insurance policy, the way I look at it.”
Microsoft co-founder Bill Gates is not a fan of cryptocurrencies.
“After reasonable inquiry, the information known and currently available is not sufficient to enable the Commission to admit or deny this request,” the SEC stated in court documents.
Senator and outspoken crypto proponent Indira Kempis shared her excitement at the development on Twitter, stating that it was "for freedom, inclusion and financial education in Mexico."