What does either of them have to gain by saying Bitcoin and other cryptos are a sham?
- Some of Bill Gates and Melinda Gates net worth is defined by the number of shares in microsoft (msft) stock they hold.
- Warren Buffett's net worth is defined by the value of his own stock market traded investment firm Berkshire Hathaway, the amount of stock he owns in other companies & I think Buffett owns some companies as well.
The stock market and bitcoin are competitors in a way. It is possible stock market traders and investors could abandon microsoft stock and Warren Buffett stock to invest in bitcoin, instead. If that happened the Gates and Warren B could lose money and see their net worth decrease significantly.
The rise of bitcoin and crypto currencies could mean some investors could become richer than either Warren Buffett or Bill Gates. Maybe kings on their thrones stand on a mountain top and try to prevent others from dethroning them & taking their place as king of the mountain?
I think Warren Buffett is a nice guy. Years ago he publicly posted his tax info when he didn't need to. Buffett also pushed hard for higher taxes on the rich maybe 10 years ago when it wasn't as major an issue. Bill Gates however, I think he might be crooked. Won't go into details as to why this could be so. But yeah he could be dirty.