I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.[Suspicious link removed]s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

Bill Gates said and I quote " Bitcoin is "one of the crazier  speculative things". Speculative in this sense means an investment involving a high risk of loss. This is to say that he considers Bitcoin a very risky, uncertain or unpredictable platform for investment that is based on theory rather than knowledge. No one wants to lose his hard earned money to investment opportunity they cannot predict.  This may be his reason for not investing in Bitcoins considering how volatile they can be.