Bill Gates Urges Caution on Crypto Investments Unlike Elon Musk's Enthusiasm for Dogecoin
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Bill Gates warned people to "watch out" before investing in cryptocurrencies like Bitcoin. He is not as enthusiastic about crypto as Elon Musk.
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Musk is a big advocate for cryptocurrencies, especially Dogecoin. His tweets have caused the price of Dogecoin to increase a lot.
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Gates said people should be wary of buying Bitcoin, as the market is very volatile.
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Gates noted that digital money is "a super positive thing" but has concerns about people getting caught up in manias.
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Someone accidentally sent $1.5 million in Bitcoin to the wrong wallet and begged to get it back, sparking warnings about double-checking addresses.