It’s Gates Versus Musk as World’s Richest Spar Over Bitcoin (1)

Unless you’re the world’s richest person, you shouldn’t be buying Bitcoin. That’s the message from Bill Gates — the third richest.

With a rally of more than 400% over the past year, Bitcoin has become increasingly mainstream, and everybody including prominent investors and policy makers have been talking about it. The world’s on-again, off-again richest person, Elon Musk, recently invested $1.5 billion in the cryptocurrency through his company, Tesla Inc., and said Bitcoin would soon be accepted for payments.

Read more: A Beginner’s Guide to Buying Bitcoin for the Curious Investor

For Gates, it’s not something Main Street ...