Who is wrong?

[JeffBrad12]

Elon and Gates have different opinions about crypto and it's very similar comparing orange and apple when you are asking about who is wrong. IMO when you are on the crypto supporter side and then what already said by elon was true and gates were wrong in this case but the different result when you are an ordinary people who know nothing about crypto.
I do believe you will believe what gates said about crypto.

[bobyhodob]

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

I think Bill Gates doesn't want to invest because he's still afraid the bitcoin market can't be controlled by him, and Elon musk because he's testing the bitcoin working system

[dihari]

Both are the greatest influencers in technology industry. I respect all the statements that bill gates raise about bitcoin. I believe he already research for it before he reveal it to public. And elon of course a bull run button in cryptoverse also have his own research about bitcoin and crypto in general. No need to ask who right and who is the wrong one. Next in the future, if bitcoin have something that Gates searched for, I am sure he will change his mind.

[Davian144]

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

I agree more with Elon Musk in this matter because he really likes the crypto space and wants to accept Bitcoin as a medium of exchange with the products he owns, so that the crypto space is more alive and trusted in the eyes of the public.

[aysg76]

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

Nobody is wrong because it is their own prespective to see things according to their own interest and you can't say one is wrong.It is just your beleif that whether you want to be part of Bitcoin or decentralised world or not.There are many people who thinks btc is bubble same like Bill Gates but we don't need to prove them wrong individually because time and bitcoin adoption will do it alone.Many who think that Bitcoin was fraud coin or bubble in the past are now the ones who are adopting Bitcoin and ready to invest in it also.Federal banks were against bitcoin because it was their main competetor but now they are also providing crypto related transactions.So don't prove anyone wrong they will realise it's true importance in future.

[wxa7115]

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

The question that you are asking is not as simple as just watching how much money those two would have earned with their predictions, if it was that simple then Elon wins this by a mile, if Gates had shorted bitcoin back then he would be bankrupt despite his huge fortune while Elon is even richer than what he was already.

However things are a little bit more complex than that, bitcoin itself is not a bubble but we know it has caused bubbles in the past as there is too much demand at specific points in time, it seems Gates does not get this and this is why his assessment of bitcoin is wrong and bitcoin will keep being here long after Microsoft disappears.

[Pamadar]

Elon and Gates have different opinions about crypto and it's very similar comparing orange and apple when you are asking about who is wrong.

You nailed it, this two super billionaires have their own understanding and opinions about crypto, whatever it is they've got their own explanations about it.

IMO when you are on the crypto supporter side and then what already said by elon was true and gates were wrong in this case but the different result when you are an ordinary people who know nothing about crypto.

Exactly, it's depends from who's going to listen and who's following them.

I do believe you will believe what gates said about crypto.

Git your point and all those who have their shares rearding to thier position about this industry.

[Coyster]

Bill Gates could only just be expressing his pessimism for Bitcoin in terms of it's usual spontaneous correction in price, and looking at it from not just his point of view, it's a risk concern that not only Bill is worried about, but every Bitcoin investor, but that's not enough to call it a Bubble or anything of that sort, there have been so much price corrections in the history of Bitcoin and the price works itself back up in no time, that's more than enough reason for people to understand that Bitcoin is not a Bubble.

But having said the above, there are different investments and not all can suit everyone out there, Elon Musk may have endorsed Bitcoin, and that's good for the network as it helped cause some hype, but the thing is even if he didn't, quite a lot of people, even institutional investors already know how good the network is, as a hedge, for control, freedom, ROI etc, thus whoever expresses their opinion of Bitcoin, whether good, bad, right or wrong, does not matter too much, if one believes in the network, then let them go ahead and invest after they must have done their research, and not holding onto tweet or talks of anyone, not even established/successful businessmen.

[rahmatullah9305]

Everyone certainly has different views in seeing things including in the world of crypto, in my opinion there is nothing wrong with what Bill Gates said because of course he has his own reason for not investing in bitcoin, I remember that last February , Bill Gates gave a statement that said if you are not a rich person you should not invest in bitcoin and Bill Gates also said:
Elon has a lot of money and he's very sophisticated, so I'm not worried that his Bitcoin will randomly go up or down, I think the people involved probably don't have much money to spare.

Yes, it is true because what Bill Gates said was the reality he saw himself so on the one hand he was telling the truth about this, but on the other hand people who only have a little money also want to add their assets in the form of money so that many people who followed in Elon Musk's footsteps in the crypto space even though some people suffered losses from investing in very high prices.

[oemar bakrie]

For me, there is nothing wrong with it because it is all a market game and big investors already understand the storyline of what the fate of bitcoin is like ..
and I am just an ordinary person who cannot follow the flow of crypto movements because their knowledge of crypto is not as good as those of big investors..

[Princejebs]

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

There is freedom of speech, everyone has the right to view projects and coins in their own opinion. Bill has never been a fan of bitcoin and you can't blame him for his own philosophy but I believe, he has a  portion of allocation in bitcoin he would have become a maximalist by now.
Take a look at Elon Musk, you think he his a pro and btc lover for nothing? He is doing it for his interest and would want to convince everyone to get in just the way he is doing for doge meme pumping.

[rahmathidayat93]

For me, there is nothing wrong with it because it is all a market game and big investors already understand the storyline of what the fate of bitcoin is like ..
and I am just an ordinary person who cannot follow the flow of crypto movements because their knowledge of crypto is not as good as those of big investors..

That's right, they are both rich people in this world, so whatever they say will always be considered by everyone, because in general they don't have the mental burden when saying that even at every single thing.

[bitkanu]

For me, there is nothing wrong with it because it is all a market game and big investors already understand the storyline of what the fate of bitcoin is like ..
and I am just an ordinary person who cannot follow the flow of crypto movements because their knowledge of crypto is not as good as those of big investors..

Pros and cons are not new things in crypto. The billionaires were arguing based on what they have been thinking about. There are lots of big parties were saying the same things like elon and gate.
As crypto users and we must try to believe in what we are doing right now.
We know that if the tech can't be killed and gate was creating non sense prediction about bitcoin.

[Zotak337]

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

Well to me they are both right, the reason why gates must have been pessimistic about BTC is the greed that's currently making people to FOMO on BTC, many are still buying at 55k, what will happen after is why gates still not feel 100% into the system, crashes will happen, profits will be taken, this is 100% certain.

Elon musk is now a pumper, he sees crypto as a opportunity to make more money and also change some people's life but still the question remains, how far can this bull season last? The answer is no one knows.

[ChaoChibai]

I don't care about their point of view, because what they say has its own basis. Both are very successful people in life, so their perspective will show us a comprehensive view of this market problem that it has a lot of good points and bad points.

Absolutely agree with you. Both of Bill Gates and Elon Musk has their own reason to say like that. What we have to do is focus on our investment and for me I still believe in cryptocurrency because from time to time it will get bigger and it will be one of fundamental things in life.

[Midy]

There is no point in focusing on the opinion of those who tell right or wrong about the crypto world, because everyone has their own principles and mindset,
Therefore, it is better if we focus on how to multiply our crypto assets that we currently have

[btcltcdigger]

It's easy for millionaires to argue, because they got nothing to lose. Well they can lose millions, but for them it's peanuts.
This affects us, little people.
I believe they are just jumping on the trend train, nothing else.
And Musk is being an idiot

[hoka90]

I think that Bill Gates and Elon Musk have different views and they are smart people. so it's hard to guess who is right between them. better focus on what you know about bitcoin and what the future of Bitcoin is. Continue to dig up information so you can get a lot of money on cryptocurrency investing.

[Sindicatout]

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

I think there are no people here who are right or wrong. Everyone has their own opinion about BTC. Some for some reason do not like him and say that he is harmful. I believe that bitcoin is actually digital gold

[michellee]

Both of them are right because they have their opinion about bitcoin. They have money to do anything they want, but they do not know what will happen with bitcoin, but in the long-term, bitcoin can increase higher and the price will be more than the price now.

We do not have to follow what they say because I think they will have their own reason to say like that and we do not know if they have their plan on bitcoin. Both of them want to attract more investors to join bitcoin and maybe that can help bitcoin grow in the future. Bitcoin needs people like them to grow the popularity and maybe the government will accept bitcoin soon. But once again, let them say anything about bitcoin while we must do our best to make money.