{"id":8322,"date":"2022-06-16T19:22:59","date_gmt":"2022-06-17T00:22:59","guid":{"rendered":"http:\/\/blog.jlbn.net\/?p=8322"},"modified":"2022-06-19T14:35:48","modified_gmt":"2022-06-19T19:35:48","slug":"bill-gates-says-nfts-and-crypto-are-100-based-on-greater-fool-theory","status":"publish","type":"post","link":"http:\/\/blog.jlbn.net\/?p=8322","title":{"rendered":"Bill Gates Says NFTs and Crypto Are \u2018100%\u2019 Based on Greater Fool Theory"},"content":{"rendered":"\n<p><strong><em>The Microsoft co-founder joked that \u2018expensive digital images of monkeys\u2019 would improve the world<\/em><\/strong><\/p>\n\n\n\n<p>Microsoft Corp. co-founder Bill Gates said he thinks cryptocurrencies and NFTs are \u201c100%\u201d based on the greater fool theory.&nbsp;<\/p>\n\n\n\n<p>The 66-year-old billionaire was referring to the notion that overvalued assets will keep going up because there are enough people willing to pay high prices for them. He joked that \u201cexpensive digital images of monkeys\u201d would \u201cimprove the world immensely.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Microsoft co-founder joked that \u2018expensive digital images of monkeys\u2019 would improve the world Microsoft Corp. co-founder Bill Gates said<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3423,254,3421,3424],"tags":[3426,888,3427],"_links":{"self":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/8322"}],"collection":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8322"}],"version-history":[{"count":1,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/8322\/revisions"}],"predecessor-version":[{"id":8323,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/8322\/revisions\/8323"}],"wp:attachment":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8322"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}