Topic: A dog that vomited and then ate the vomit again (Read 428 times)

Especially elite businessmen, they regularly change their minds. Bitcoin attitude by Jamie Dimon is classic. Suddenly, he's negative, criticized, disbelief, then it's different. The situation is funny. Fink? I won't even begin! Bitcoin's rise from anti-to-pro is like a financial soap opera. This is the thing: big shots are all about money. Regardless of their past words, they'll seize an opportunity to earn. You're right! Their words have less weight in 2023. Today's crypto world goes beyond what the main players claim. The future, technology, and potential matter. Warren Buffett is a legend in traditional finance, but crypto is different. Stick to your principles and instincts. In finance, staying ahead is key

exactly thats what I think too, too much people following just because they already succeed earlier than them, everytime there are something they say in media about investing, its all about increasing value for the company they had initially invested in, nothing more, they definitely don't have the motive to make us rich instead they want to bring investment to their own company.
i wonder how many actually realized such thing, because frankly, there's nothing like free lunch in this world.
everything said by some famous people are certainly with ulterior motives, therefore trusting blindly will more likely hurt your own investment.

This is a good advice that should not be forgotten by investors, whenever you see one of those powerful whales or politicians saying something, you should always attach the phrase “because this is what it will benefit me the most”, they are not interested at all on what could be the best for yourself, and if that is the case then why follow their advice? Since everything they do and say has the purpose of bringing benefits to themselves, while you will be the one to suffer the negative consequences of following their advice.

The hypocrisy of these businessmen is at it's highest.

I still remember when Jamie Dimon are saying shitty things about Bitcoin in 2018 I think, and in 2020 as well. Now in 2022, he reversed his narrative towards Bitcoin, or at least he's supporting the blockchain technology already, but I don't hear any positive things coming from with regards to Bitcoin. I remember him saying things like "It’s worse than tulip bulbs. It won’t end well. Someone is going to get killed." and "It’s just not a real thing, eventually it will be closed." There will be a time that his thinking towards Bitcoin will change. Maybe when price of it reaches $100,000.

Another one is Larry Fink, CEO of Blackrock. He isn't a pro-Bitcoin at first, and he even said that Bitcoin is "index of money laundering". Now what's his stance with regards to Bitcoin. He's even supporting it, and applied for an ETF. I'm not saying though that he supports it 100% because we know that they are doing this because they want to earn more.

Honestly, I don't care what these hypocrite businessmen are saying. Back in 2017-2018, what these influential people can make the market move either up or down. Now in 2023, their opinion towards Bitcoin, and the crypto market is considered "useless" for me already. Overall, more and more anti-crypto in the past will convert themselves, and they will support either the technology behind it, or crypto as a whole itself. As for Buffett, I really admire him because of how much he earns thru dividends, but when it comes to crypto, I don't care in what he's saying, or doing.

true, becoming billionaire at least take such capability to trick the whole world.
when it comes to investing, why take advise from some random, even if thats a popular figure, what these figure care are about their own wealth never about your wealth.
there's reason they are running biggest investment firm in the whole world, taking advantage of their own fame because they are labeled as the master of investing also one way to make your investment success, thats why i would never take advice from a guy like him.
i will instead make my own analysis in regard of the coin i will invest and be done with it, no need external influence since its my own money if i incur loss its my own fault.

Maybe W. Buffett has lost his words again and we too have lost the words to criticize him. Because now wherever the funds that he wants to develop or the money he invests in a company, commercial business, etc. are starting to accept Bitcoin as a payment method. So, W.Buffett missed this because maybe he didn't have the time to study more deeply what he was going to invest in. Like it or not, believe it or not, the fact is that as the payment industry becomes more modern, it will provide payment services using Bitcoin. And W.Buffett cannot avoid adoption by any company.

Billionaires are smart sometimes they seems to be hypocrite to us but in reality they've been doing something that doubles or triple their investment secretly. I don't think he hates Bitcoin in general it could be that he is trying to manipulate so he can accumulate more of Bitcoins just like any other billionaire who are playing with cryptocurrency such as Elon Musk. Billionaires game at it's finest.

Maybe that's his strategy because he once said this,

Of course he will not invest in a project that he has little knowledge of he knows that its associated with a Cryptocurrency service


He also said 
he is creating FUD so he can hoard, he could be buying a lot without us knowing it but has a fear of admitting it, so yes he acts like a dog.





            

I think Warren Buffet opinion is based on how he viewed Bitcoin as a utility assets, which made Bitcoin look less valuable because it has no utility other than as currency, added with his preference for a centralized currency that is more secure and guaranteed by the government that make Warren Buffet can't see the value of Bitcoin.

Warren Buffet could change his opinion toward Bitcoin if the Bitcoin mass adoption is getting wider, and in my opinion that doesn't mean that he ate his own vomit, everyone can change their opinion in the future it means he has learned new thing.

Pretty sure he's done this since early March of this year. Yeah he's an ass who can't admit defeat even at the face of it. he also happened to reinvest all his money from Visa and Mastercard into cryptocurrencies at the same month, did you know about that? Pretty smart if you'll ask me, but he'll definitely not admit this to the press even if his life depended on it. Don't get me wrong, the guy has been an inspiration to me and an indirect mentor thanks to his motivational quotes as well as other stuff that I've read about him, but that's as far as it goes with how I support him. I only wish he'd be more honest to the public and not gatekeep crypto as if he's not using it himself lol.

As I read through especially the OP, It reminds me more the words pf the wise never to trust completely the words coming from another man even if it is someone you see as mentor. Before you believe and accept, always verify. People who follow the opinions of their mentors blindly can regret it later on because take this case of warren right now, it is a good lesson. Some people had have good opportunities to invest and benefit from cryptocurrency, but due to blind obedience to their mentors opinions which may not favor cryptocurrency, they miss the opportunity. When the opinions of their mentors change, it becomes too late for them. You should never trust people because their opinion can change anytime, and they may put out the notice late for you their blind follower to follow.

Only not in front of the public. We all know that a lot of these big billionaire businessmen are probably buying in chunks anonymously, without letting anyone know about their holdings, only a few might come out and say that they are actually investing in Bitcoin.

To spread FUD and panic in the community, maybe? I'm not sure but that can be a reason behind that, or maybe because he knows that Bitcoin and cryptocurrencies are always a hot topic and he will get more attention if he talks about them, either in a positive or a negative way.

I think he is secretly investing in Bitcoin and fooling the public with his negative remarks about it. He definitely can't ignore the benefits Bitcoin has to offer to the world of financial technology and to the future of it.

How do you think they are becoming richer every day? They loot us with their mind games. They would say one thing on Monday they would say something else. Their plans are changing hundreds of times a day, they would talk differently at every dinner they take with different vendors and investors. Buffet did the same thing anyway. He definitely changed with the time when his friends might have shown him how they are profiting with Bitcoin in millions of dollars. Lolz. This oldie just got his nerve pressed with his friends on one fine night and boom he started investing his money in Bitcoin-related products.
It might seem a little unrelated but let us not forget how Elon Musk played with us when he invested money in the DOGE. Rest is the story that we all know. It went literally on the international level when he tried to host the SLN and was mentioning about DOGE now and then. Failed attempt to lure everyone.

The thread's name is so off-putting that I wasn't sure if it wasn't off-topic and accidentally remained here, and I wasn't sure about clicking on it at all. But since it's actually about a particular person's crypto attitudes, it's relevant.
I think Buffett's public opinions can be one thing, and investments can be another thing. Saying stuff is sometimes useful to gain relevance and remain discussed (or just out of a desire to share one's honest opinion), whereas investments are made with the intention to profit. Also, investment decisions may in practice be made by other people, the ones who work for Buffett, so it's not necessarily a contradiction (as davis196 greatly pointed out).

Probably the most right thing about all of the stuff that's been said in this thread. People often forgot that these people are businessmen and these businessmen are slave to moneymaking and in regards to bitcoin, it seems that their stance is still on the negative side which would mean that they're not yet seeing anything that would garner them profit although one could also argue that these businessmen have influence and them being bearish about bitcoin is probably a conspiracy among them to make it go down so they can buy at a lower price and then change their minds when they've acquired what they think is a sufficient amount of bitcoin.

You don't need to insult him or anyone who has a negative view of bitcoin because everyone has a different vision. Just because they don't have the same thoughts as you, it's not right for you to criticize them, you don't have to do that. Just like many bitcoin enthusiasts always say that gold or real estate is not worth investing in, but most of those assets are in the hands of people with a lot of money, and those who criticize real estate and gold have no money to invest in them.

Words are also a tool used to eliminate opponents and many people have been successful with that tactic. I never believe what they say, I only believe what I see. Because when looking at the results they achieved and compared to us, they are billionaires and we are nothing. So don't fall into their trap.

I wouldn't judge him that badly for his past opinions of Bitcoin. He has his own beliefs, and we have our own, and it also doesn't change that people naturally change their opinions. Plus, WB is a businessman. Regardless of what he thinks of something before, if it can show promise and can show that it has a stable foundation plus can last for the long term, he'd definitely go for it, even if he was talking shit about it in the past.

Plus, they're words don't mean much when it comes to business anyway. They'd turn the moment they see they can profit off of something even if they were arguing against it a second earlier.

Since he is legend investor He just want the piece of cake that crazy happening right now. and he dont wanna touch it directly that is why he invested in the company who have direct touch to the cryptocurrency.

Even BlackRock at first dont believe about crypto especially bitcoin because he believe that crypto only a tool for laundering money but look at now BlackRock the biggest investment company with total Assets under management: 8.594 trillion USD want the piece cake of crypto.

Sooner or later people will taste the delicous of crypto cake. hahahha

If there are some rich folks that have been anti Bitcoin or crypto before and then some of their conglomerates start to show some news that they're going to make their own crypto or cbdc or anything related to cryptocurrency as their services, it's nothing new to think of.
They've been doing this for so long and they're just pulling down the prices for whichever plan that they want to execute at the right time. If Buffett starts to say that he's liking Bitcoin these days and everyone should look at it, that won't surprise us anymore because there were folks like Dimon just did the same before.

It is not the first time you’ll catch these people lying. Remember Jamie Dimon used to hate crypto too. Then he allowed their investors to invest in crypto. If I remember correctly he even said that he will fire anyone who touched crypto. Warren might be doing the same thing. Maybe he understood whT crypto is about later or maybe he has a hidden agenda. If Buffett was pro-crypto, it would raise the price a lot more and that means less crypto for him. Also he probably thinks him buying a crypto-bank don’t look so bad on him because he is buying a bank in the end. He is not buying crypto directly. That’s his way of saying: “fuck you”

Warren B. is a businessman, therefore he will undoubtedly allow anything that will help him generate money in as long as he stands to benefit from it. Even if we claim that he has recanted or changed his mind about his unfavorable opinions toward Bitcoin or other cryptocurrencies, his actions will ultimately benefit him, not us.

Is there anything improper with his doing this, if it turns out that he has switched to cryptocurrencies, if it ever is true? Is there really nothing? Instead, we will be glad that another millionaire is working in this sector of the cryptocurrency economy.

We must not forget that Warren Buffett is a businessman, and like any businessman he is not really tied to any ideology or some kind of principle that rules his life, he is after the money, and if something gives him huge profits then that makes it good on his eyes and if it does not then this makes it bad, it is that simple, so Buffett is against investing directly on this market but now we are seeing that he is fine to invest indirectly on it as long as he can get some money out of it.

WB is a shrewd businessman. That's the way I like to view him. He makes a decision and sees that decision as what can affect his finances, he quietly retreats without openly recounting. If WB were still holding his anti-Bitcoin view, he would've pulled out of NuBank. I don't begrudge him his decision. It's his money and his choice to make. One thing I've come to hold with close conviction is that no one should blindly follow another when it comes to cryptos. No one knows it all.

That reminds me of a certain serving politician in my country, one of the worst of them all – corrupt to the teeth. The said politician claimed he never changed his phone for years but that doesn't make any difference as he's not in anyway better than those who change theirs on a regular.

That man can outlive Methuselah 🧐

Indeed, when we talk about a man, it is his words that a true man holds and is accountable for. However, there are two people we can't take his word for. apart from charlatans namely critics and politicians. We will never be able to take these two people for granted because they say something like this now, and tomorrow or the day after tomorrow they will say something else as long as it can benefit them.

And I'm not quite surprised by people who behave like that because I personally have been involved in political movements on several occasions and often meet people like that. And people like that can be sycophants when they are on the side that provides benefits and they can also be barking dogs when they don't get any benefits.

It's nothing new that there can always be some false news like this, but even if it were real, then there's nothing bad about it. Buffett has been preaching about the investment he likes most and how he dislikes the crypto investment, but despite his criticism, it doesn't remove anything from Bitcoin; it's made less of blockchain technology. There's a saying that "change is a constant thing in life." So if he decided to have a rethink overnight that made him invest in cryptocurrency, then it's not my business; it's his business because he definitely would reap the benefits of his investment. The first time I read some of his criticisms of cryptocurrency, what I said to myself that day was, "I will not be surprised if any news comes out in the future that Warren Buffett has been secretly investing in Bitcoin, despite the hate speech he made publicly about cryptocurrency.

That's what probably is the cause why he did continue to attack bitcoin, he's just into it and wanted bitcoin to gain popularity. Just some reverse psycho thing, we know he's smart when it comes to investment.

If he just wanted to warn the public about bitcoin, he will not go as far as what he did to bitcoin, it was something else on his end to sell mouths against bitcoin. I guess banks won't have to call him telling about their investments, it is him who called NuBank to invest, he's smart enough to play with the businesses especially with the money he has, I bet he has some holdings that he didn't name after him due to his investment confidence rate.

Warren always be so cold on Bitcoin and crypto, calling it scam here and there, it's normal when you don't understand something to the core you know, how many people are like Warren in the past? For example Micheal Saylor also talk trash Bitcoin years ago too, there are others too that I couldn't remember their names anymore, what happened after? They realize their mistakes and slowly start learning about crypto.

Warren case is different because he is older and his style ways of earning money is from stocks and real estate, this was all he did his whole life, including Gold, but now comes digital gold? It's easier for who he was to call Bitcoin names honestly, anyone can also do the same.

If later Warren decide to embrace Bitcoin I won't be surprised, because he isn't the first and he isn't going to be the last too, so it's not something to hate him for, lack of understanding is always why people condemn Bitcoin.

There is a "beautiful", official version - the gentleman you mentioned invested in the bank "as a bank", and had no idea that the bank is still a supporter of the introduction of cryptocurrency technologies. Whether this is true or not is very difficult to answer. There is neither direct evidence nor direct refutation. Although neither option can be excluded
PS You can watch the reaction - the ideal proof" - withdrawal of investments from the financial institution

This is like one of the main tenets of "Cigar butt investing", though I don't think that's what's going on here.

More likely some of his advisors suggested that he do a deep dive on crypto, that it's here to stay, and on second consideration they collectively decided that it's ok to have some exposure to such an attractive asset class after all, both directly and indirectly...

Someone like W. Buffett can change his mind as quickly as he wants, especially since he has enormous resources in the form of money. Maybe at that time he wasn't interested in crypto but after he studied crypto (secretly), he was interested and finally, the news came out. We also don't know what really happened to him and there's no need to think too deeply about it.

We just have to see what it will do. Will he support crypto where he previously hated crypto? Or something else will happen. Everyone has their own interests, especially when it comes to bitcoin. So you don't need to be surprised by that.

No it is not a clickbait, and you were right on that, His criticisms of Bitcoin are as if he had vomited, and then he also supports cryptocurrency, which is equivalent to eating his vomit again.

And I also see hypocrisy in his personality in the words he utters, even though I know that he was already a very rich person before Bitcoin was actually created, and we know that, of course, it's already given. That's the only thing I attacked that he released, criticizing Bitcoin.

1.I think that your forum thread title is very misleading and I smell clickbait. Do you suggest that Warren Buffet is "the dog that vomited and ate the vomit"? Why would you think of such disgusting thing?
2.Berkshire Hathaway has it's own managers and directors, who are running the business. Just because Berkshire Hathaway had bought some crypto-friendly financial institution in Brazil doesn't mean that Warren Buffet has something to do with this decision. Buffet is just a big shareholder of the company.
3.Many people would think that Buffet is a hypocrite, when he talks about Bitcoin/crypto, but I think that he is sincere in his hatred towards Bitcoin. I can totally understand why he hates Bitcoin/crypto.

Businessmen are like politicians who don't have permanent friends or enemies but are driven by personal interests. Warren Buffet is looking for ways to make more money and he is gradually moving away from traditional financial firms to fintech. He has sold off his $1.8bn shares in Visa and $1.3bn stake in Mastercard and channelled the money to invest in this Brazilian fintech bank.

We should also note that Berkshire Hathaway is not the major shareholder of Nu Holdings. His firm just owns 2.98% which is valued at $844,096,030. There are other top investors like Sc Us (ttgp), Ltd, Galileo (ptc) Ltd and Capital Research Global Investors, so Warren might not have much influence. But if he is a man of his word, he wouldn't invested in the bank or would have sold his shares if he discovered that they were investing in an asset he feels is worthless.  

It is not a defense or explanation for Buffett's behavior or opinions, but when you have thousands of investments, some of them may intersect with investments in assets or companies that are not directly related to them or supported by them. Buffett did not buy a bank or company that accepts or is directly related to cryptocurrencies, and therefore we cannot say that His views have changed. All these investments are side investments, not core investments.

If you are angry or believe what W.Buffett said or anyone who criticizes and slanders bitcoin, you have fallen into their trap. They won't care what you think about their statements, they only care about their wealth. I mean they can badmouth bitcoin, criticize bitcoin in front of the media and the goal is to keep people away from bitcoin but they will quietly buy as much as possible. And when the right time comes, they make a good statement about bitcoin and that's when they will sell high priced bitcoin to the public. Don't believe what billionaires and banks say, look at what they are doing.

If Warren Buffett bought Bitcoin or Nucoin, then you can criticized him. Buffet is already 93 years old, I don't expect he would change his words because most of old people always stand with his current words.

What about this, you're promoting a mixer, do you support money laundering because every centralized entity always said it's linked to money laundering.

The answer is simple...... Warren Buffett built his empire on old financial investment tools and he has massive shares in Berkshire Hathaway. They will never promote something that are in competition for investors money that can be invested in their investment firm or the traditional investment options that they offer.

Warren Buffet and his employees come from the old school education system... where they do not teach you about Crypto currencies.. so they will criticize everything that oppose their knowledge framework. 

  This is true. As a businessman who has been vociferous against Bitcoin, I doubt he'd go back on his words. Not like it hasn't happened in past times of other anti bitcoiners, but him alongside his partner, Charles Munger have made it clear on their stand against it.
I'm not really surprised about this and I will not label it the way the op did because to him it's just business and anywhere there stands to be profit, he'd invest. Infact this is not the first time he's putting his money into the digital sector as in 2019, he also put heavy money into a digital payments company,  StoneCo. Still in Brazil.
 In another angle, this is good news because it will help push mainstream acceptance and a possible adoption of the Blockchain.

 Everyone is entitled to his opinion and so far Warren Buffett has given it and while there's those who have listened to him and entertained FUD, there's still others who have gone ahead and invested. Somehow the more he bad mouths Bitcoin, it continues to boom.

Couldn't have said it any better, if I am in Buffett's shoes I would probably do the same thing, talk shit about bitcoin because I have seen the potential of it to grow and I know that I have a lot of money and if I can lower it ever more using my influence then I can probably squeeze in more profit when I buy bitcoin when it becomes lower. I don't think that he needs to have someone act for him to invest in bitcoin, anyone can freely do it but given that his investments are numerous I would probably believe he does but that person who proxies for him is damn trustworthy.

Perfect statement but I have problem with this last part, even if you say that, you'll only probably sway 2 or 3 people, it's inevitable that the public will always do what others are going to say given that people in general aren't taught to think for themselves.

I appreciate what you said; it's quite neutral and clear, and your opinion is, to be honest, good. We don't know what's actually on Buffett's mind, but one thing is clear to me: anything he says is bad for Bitcoin.

The crucial point is that we or we must have accumulated Bitcoin during its halving's next year or during the bull run. If Buffett's remarks irritate you, remember why he said them. Perhaps that isn't so difficult to grasp.

There are a couple of ways we can look at this.

First is the fact that the statements people make publicly does not necessarily reflect the reality or what they truly think. For example I have said many times over the past 9 years that I've known Bitcoin that many of these rich a-holes already own bitcoin and are constantly buying it. There is a high possibility that Buffet is among them.

Another way is that Buffet or his company did not invest in Bitcoin, the investment is in another business that deals with cryptocurrencies.
Let me put it this way, imagine a centralized altcoin exchange that lists a lot of shitcoins, does it matter that they are all garbage if the exchange is making a lot of money by offering a service?
That's how Buffet sees things. In other words even if he didn't like cryptocurrencies he knows there is a lot of money to be made from centralized crypto-related services.

At the end of the day it doesn't matter what these people say or do, people should just stay away from anything centralized and stick to buying as much bitcoin as they can before it is too late

warren buffet does not believe in buying an underlying asset/stock.
EG if cocacola used caramel in its recipe. buffet would not invest in caramel(sugar stocks) he would just invest in cocacola and a factory that processes caramel

for instance. instead of buying sugar stocks that go up and down..
by buying cocacola. when sugar stocks drop cocacola makes more profit
by buying sugar plantations. when sugar stocks rise sugar farms makes more profit
win win for buffet. and not having to ride the sugar stock market directly


EG if stock markets list wheat. buffet would not invest in wheatstocks, he would just invest in wheat farms and bread companies

this is because even if an asset goes up in price that same profit translates to the farms that produced it. whereby he can also hedge that asset by owning the farm. thus gain exposure to the asset but also own farm equipment, land and real estate if the asset failed.

this is another reason retirement policies invest in not the base asset but in companies with extra equity and tangible extra assets that could be liquidated if the underlying asset operates at a loss

in short dont invest in the dollar. invest in the banks holding the dollar, is his policy

    Warren Buffett may have been a severe critic of Bitcoin, and it may be that from the very beginning what he did was really just a show and he was just pretending; it's just one of his methods as far as I can see.

    But even so, he has already benefited from the profit due to Nubank adopting the blockchain concept. It means that he really knows that he will benefit a lot from Bitcoin as well, and in reality, it seems that he has succeeded in this matter, and for sure, he is positioned to sell his Bitcoin holdings after the halving.

His investment in Nubank might not necessarily contradict his previous stance on Bitcoin. Nubank's core business is in banking and financial services, which is different from Bitcoin. He has also shown interest in technology companies like Apple in the past, so his investment in Nubank may be more about the fintech industry than a shift in his view on cryptocurrencies.

It’s true that Buffett has been a vocal critic of Bitcoin and other cryptocurrencies, dismissing them as risky and worthless. He has even referred to Bitcoin as "rat poison squared".
https://markets.businessinsider.com/currencies/news/warren-buffett-best-quotes-bitcoin-cryptocurrencies-investing-rat-poison-squared-2021-1-1029974898

Your title is a bit harsh, but it does make a point. Buffett's investment in Nubank might be inconsistent with his public criticism of Bitcoin. It's possible that he has changed his mind about Bitcoin, or that he is simply being hypocritical.

He might be among but that doesn't mean he won't speak what is in his mind about crypto sometimes with the sudden growth of bitcoin and the cryptocurrency industry can easily gets him convinced about his view before but, let us also consider this as well. W. Buffetts is a businessman and can do whatever to make money from his investment in other to sustain his wealth, wealth can only be sustain through investment and if he noticed  instability in his investment he can pull out his investment back as I believe to know that he is a man that stands on he's words. Well human can change at anytime but let's watch to know he's reactions as they get deeper into their cryptocurrency developments phase.

This is old news, but I don't think there is something big to this.

In the first place, I don't think Warren is an enemy of Bitcoin. Does he just attack Bitcoin repeatedly even if unprovoked? I'm not sure if he even speaks about Bitcoin if not asked for his opinion. But if asked, he's frank about his dislike of it.

The man is a brilliant investor and he makes investments in companies which he believes would succeed. Whatever that company does, he probably doesn't dictate. So it's not really that huge of a conflict. This is probably just like JPMorgan and Jamie Dimon. JPMorgan is serious about Bitcoin adoption. On the contrary, its CEO, Jamie Dimon, calls Bitcoin a fraud, a pet rock, and a waste of time.

In any case, don't give too much weight to the words of these people. Their goal is money. They can say one thing and do another. That's not a problem for as long as they earn.

He could have some narrative behind why he continue to attack bitcoin, nevertheless the effect is just temporary though. Maybe he secretly invested on bitcoin, or someone as a hedge fund manager acts for him to be a investor, we will never know.

Obviously, he has a ton of money already and maybe just playing around and see how it goes for him. For sure though that he knows that NuBank is crypto friendly, but then again, if we talk about profits, it doesn't matter to this billionaire as they will continue to invest which they think will be big someday, including a crypto friendly bank.

I do not agree with that. I think number one, to the point of ridiculousness, is Peter Schiff. I do not agree with that. In Buffett's case, his criticisms of bitcoin are quite similar to gold. He doesn't like it because it doesn't produce anything, it doesn't pay rents or dividends. The fact that he has invested in this company that now offers crypto-services is normal to a certain extent, since the cryptocurrency market is getting bigger and bigger and covers many areas of society. He also spent a long time without changing his cell phone and without investing in technology, finally he changed his cell phone and bought shares of Apple, being his biggest investment.

For the little time he has left to live, do not give so much importance to what he says.

Not shocking anymore, we've seen some critics towards Bitcoin but what happened later on? They have made out such criticism but in behind they are really that accumulating. Why they do that? They are really that tending to drive the price down whenever the market would really be that making out some negative reaction about it. Knowing that WB does have some influence then it might neither be having a significant effect or not.
So as a crypto investor then better get used to this because sentiments and news like this do usually happen and do really goes out in the market and this isnt something that new anymore.
Whether on what names we do called into these people or person which "THEY DONT REALLY CARE". They would really always getting in line on what they do have in minds in speaking about financial steps and actions
and as long they could really be able to benefit out then it would really be their main goal.

No matter how many times they would be vomit out but later on they would really be just simply eat those vomit again and it do seems that there's nothing happened.
If you arent that wise on investing world then you wont really be able to make money and this is what they are doing.

First of all, I have no anger or bad intentions towards W.Buffett, I just want to emphasize on this matter that we know that Buffett is the number one critic or anti-crypto. Whatever he said before about Bitcoin that is not good, he even said before that even if Bitcoin becomes 25$, he still won't buy it. But what happened?
https://cryptopotato.com/this-is-warren-buffetts-top-stock-in-2023-hint-its-got-something-to-do-with-crypto/

There is really no secret that cannot be revealed, the truth will reveal, now what is this NUBANK?
source: https://cryptopotato.com/these-banks-are-venturing-into-crypto-despite-ongoing-bear-market/

Did W. Buffett do this without knowing that Nubank is crypto-friendly? For me, I don't believe he doesn't know this. But why did he still speak negatively about Bitcoin? What is its purpose? Because if he is really anti-Bitcoin (W. Buffet), then this is how we will know: does the title I made in this discussion fit him? Why does he have to utter derogatory words about Bitcoin?
He talks about the negatives of Bitcoin, but the one he invested in, NUBANK, is crypto-friendly and already launched his own cryptocurrency called "Nucoin".

This means that W. Buffett has a personal interest in why he is always criticizing Bitcoin, because he probably thinks that when many people panic about what he will say and there is a dump in the market value of Bitcoin, he will take advantage of the opportunity to buy large holdings. It's just that what he wanted to happen didn't happen; this is just my assessment based on the information I found here.

Warren Buffett statement Before


https://www.cnbc.com/2022/10/19/buffett-backed-digital-bank-nubank-to-launch-its-own-cryptocurrency.html

What do you think?