Bill Gates told the world how he really feels about NFTs. In a 50-second clip, he dismisses the virtual assets as “100% based on greater fool theory,” the idea that you can always sell overpriced assets to greater fools—until, of course, there are none left.

50 sec clip link: [https://twitter.com/TechCrunch/status/1536827913852465152?ref\_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1536827913852465152%7Ctwgr%5E%7Ctwcon%5Es1\_&ref\_url=https%3A%2F%2Fwww.theverge.com%2F2022%2F6%2F15%2F23169008%2Fbill-gates-cryptocurrency-nft-greater-fool-theory](https://twitter.com/TechCrunch/status/1536827913852465152?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1536827913852465152%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.theverge.com%2F2022%2F6%2F15%2F23169008%2Fbill-gates-cryptocurrency-nft-greater-fool-theory)

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