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Topic: 2013-05-04 Warren Buffett: We Haven't Moved Any Of Our Cash To Bitcoin - page 2. (Read 2440 times)

legendary
Activity: 1288
Merit: 1080

Buffet is known for bashing gold as being a sterile asset.  So it was quite obvious that he would not like bitcoin.

Still, he's a great guy and an inspiration for all investors.
donator
Activity: 1120
Merit: 1001
Warren Buffett used to buy stamps when he was a kid. He did not buy bitcoin? I think it is a good news for us, as he may buy it after the meeting.
legendary
Activity: 2408
Merit: 1121
Oh no, a fossil doesn't embrace an emerging crypto-currency.

Obviously we need to make a steam-powered miner and call it the "Knickerbocker Steam-Chainer" to get his attention.
hero member
Activity: 815
Merit: 1000
Warren Buffet, to my knowledge, has a strategy to stay out of things he doesn't understand. He doesn't understand IT and he also stayed out of the DotCom bubble.

This doesn't mean he is saying "Bitcoin is bad", its more like he is saying "not my area of expertise".

All prudent enough really.
legendary
Activity: 1137
Merit: 1001
Warren Buffet has commented on bitcoin? Come a long way.

What are the odds Obama says "Bitcoin" by the end of the year? I'm sure he would be pro-bitcoin and glad of all the wealth created because of it  Tongue
newbie
Activity: 22
Merit: 0
he's obviously upset he didn't buy in at 1c per coin... at that time though he was learning how to use a mouse, it was just all too much.
hero member
Activity: 588
Merit: 500
Hardly a surprise...

Quote
At his big Q&A during the Berkshire Hathaway annual shareholder meeting, Warren Buffett was asked his take on Bitcoin.

Rest easy. He's not invested in it.

http://www.businessinsider.com/warren-buffett-we-havent-moved-any-of-our-cash-to-bitcoin-2013-5
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