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Bill Gates once issued a warning to the world about how rich Elon Musk could become

Bill Gates once issued a warning to the world about how rich Elon Musk could become
Elon Musk shows up at Kanye West's Donda 2 listening party
Instagram/French Montana

A resurfaced Bill Gates interview about Elon Musk is going viral, after he previously warned the world about how rich the Tesla boss and new Twitter CEO could become.

The Microsoft founder spoke about the value of cryptocurrencies and the danger of investing too heavily in them, and people are only just cottoning on to the significance of his comments.

Musk is arguably the most influential person in the world of cryptocurrency as his tweets have massively affected their market value in the past.

However, Gates has warned that people who do not have enormous fortunes to fall back on like Musk need to “watch out”.

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It came after Gates was also asked about Musk and the potential for him to make more from investments in Bitcoin than from selling cars.

"Elon has tons of money and he’s very sophisticated, so I don’t worry that his bitcoin will sort of randomly go up or down," Gates told Bloomberg.

The Microsoft millionaire had a word of warning for people thinking of investing in cryptoGetty Images

“I do think people get bought into these manias who may not have as much money to spare. My general thought would be that if you have less money than Elon, you should probably watch out.”


Bill Gates: I'm Not Bullish on Bitcoinwww.youtube.com

Musk, of course, has had a huge impact in the world of crypto.

As The Guardian reports, the value of Dogecoin went up by 5,859 percent earlier this yearr – and at least part of that is a result of being mentioned by Musk on social media. Now that Musk owns the website that he often shares his thoughts on, there is no telling what kind of influence he could have.

In March, Musk attended Kanye West’s album launch at a release party in Miami where the conversation shifted to crypto, with the entrepreneur sharing his stance on the matter.

“I definitely wouldn’t bet the farm on crypto," he says in a video captured by French Montana. The ironic part is that the Tesla CEO is wearing a 'Crypto' shirt as he warns against heavily investing.

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