Bill Gates Won't Pick Crypto to Diversify Away From the Dollar, Calls It 'Pure Mania-Driven Asset' — Here's What the Billionaire Would Choose Instead
Benzinga · Published Aug 31, 2026, 3:29 AM EDT
Article Summary
Microsoft Corp. (NASDAQ:MSFT) co-founder Bill Gates said in an interview on Friday that he would never use cryptocurrencies to diversify away from the dollar. ‘Mania-Driven Asset' During an interview with APT News, Gates was asked if he were “forced” to move a small part of his portfolio out of the dollar, what would he choose: the euro, the Chinese yuan, gold, or cryptocurrency The tech tzar was quick to reply, “I wouldn't choose crypto,” adding that he's a well-known skeptic of “pure mania-driven assets.
This article appears to be broader market context rather than a single-asset story.
What Happened
Microsoft Corp. (NASDAQ:MSFT) co-founder Bill Gates said in an interview on Friday that he would never use cryptocurrencies to diversify away from the dollar. ‘Mania-Driven Asset' During an interview with APT News, Gates was asked if he were “forced” to move a small part of his portfolio out of the dollar, what would he choose: the euro, the Chinese yuan, gold, or cryptocurrency The tech tzar was quick to reply, “I wouldn't choose crypto,” adding that he's a well-known skeptic of “pure mania-driven assets.
Why It Matters
It may matter as broader market context rather than a single-asset catalyst. CoqiLabs groups this article under Market Structure to help readers understand the related market theme.
Market Context
Published by Benzinga. Category: Market Structure. Published Aug 31, 2026, 3:29 AM EDT.
This article appears to be broader market context rather than a single-asset story.
Sentiment Read
Market tone for this article appears negative. This article is shown for market context only and is not financial advice.
Original Publisher
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