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Bill Gates: I'm Not Bullish on BitcoinMicrosoft Co-Founder Bill Gates described cryptocurrencies as � percent based on some sort of Greater Fool Theory. With the Bitcoin market being so agile, Gates urged people to 'watch out' if they planned on investing their hard-earned cash in cryptocurrency. 'I like investing in things that have valuable output. The value of companies is based on how they make great products', Bill Gates said.