Bill Gates probably isn’t fretting much about all those plummeting cryptocurrency values at the moment. During an interview at a recent TechCrunch climate conference, the co-founder and former horndog CEO of Microsoft made it clear that he doesn’t think much of the various hype machines surrounding crypto culture — particularly the world of non-fungible tokens, or NFTs.
“Obviously, expensive digital images of monkeys are going to improve the world immensely,” he offered when asked about the subject, referring to the totally legit Bored Apes Yacht Club. Understandably, Gates appears far more interested in investments that generate tangible, real returns for societies and economies, adding, “Anyway, I’m used to asset classes like a farm where they have output, or a company where they make products.”
