bill gates elon musk warning

While Elon Musk is a big supporter of Bitcoin, Bill Gates is far less enthusiastic about the cryptocurrency.

Musk has long expressed his love for cryptocurrencies – especially Dogecoin.

The multi-billionaire has tweeted about Dogecoin multiple times, which ultimately led to the price increasing by almost 6,000 percent in two years.

Elon Musk has invested a lot of money in Bitcoin. Photo credit: Chesnot/Getty Images

Investors believe the 52-year-old used tactics such as Twitter posts and paying online influencers to drive up the price of Dogecoin.

Because the Bitcoin market is so agile, Gates urged people to “be on guard” if they plan to invest their hard-earned money in cryptocurrencies.

Bill Gates urged people to be careful when buying Bitcoin. Photo credit: Bennett Raglin/Getty Images for The New York Times

Previously, the 67-year-old Microsoft founder told Bloomberg Technology: “Elon has a lot of money and is very sophisticated, so I’m not worried about his Bitcoin going up or down randomly.”

“I do think that people are getting caught up in this mania who maybe don’t have a lot of money to spare, so I’m not optimistic about Bitcoin.”

While Gates had concerns about Bitcoin, he noted that digital money is “a super positive thing.”

The unnamed person who sent the money to someone named “jaredfromsubway” took to Discord and claimed that it had been sent back to them.

“Jared from Subway, if you’re reading this, please help me. I accidentally sent you about $1.5 million worth of tokens. Is there a way to get her back?” they wrote.

But things took a dark turn.

“Or my investors would kill me,” the person continued.

“Please help, Jared! I want to live.”

The request later spread

One person said at the time: “It’s incredible how much trust people have in these decentralized systems, but it’s also a reminder to always double-check your wallet address before sending large amounts of money!”

Miraculously, Jared found out about the viral post and refunded the person – but not everyone would have been so kind-hearted.

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