Microsoft co-founder Bill Gates reiterated his view on cryptocurrencies, saying they are useless as the industry navigates one of the most bullish cycles in its history. "There are people with high I.Q.s who have fooled themselves on that one," Gates told The New York Times.
Gates, with a net worth close to £85.32 billion ($106 billion), opined on the crypto industry as tokens like Bitcoin and Ripple XRP reached record highs on US President Donald Trump's arrival in the White House and his appointment of pro-crypto officials.
