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Topic: Bill Gates and Warren Buffet are the newest critics of Bitcoin. (From CNBC News) (Read 579 times)

member
Activity: 260
Merit: 10
What do you think is/are the reasons why the two of the world's most richest men doesn't support and is against Bitcoin and Cryptocurrency?
Yes, they are. But we are having our own experts that are defending a cryptocurrency and making all the world to think that blockchain is our future, those two guys would not be a real harm for us.
hero member
Activity: 1218
Merit: 534
Warren Buffet has already said he doesn't invest in things he doesn't understand.  He passed up on the tech companies in the 90s and early 2000s.  Buffet simply doesn't understand bitcoin and does not see the true value in cryptocurrency.

It's also possible that he has a malicious intent to discredit bitcoin and try to spread FUD because he is too invested in the modern banking system.
member
Activity: 255
Merit: 10
I think that celebrities like Bill Gates and Warren Buffett may not really know the block chain technology, as if you asked for the opinion of a military expert in a sports competition, and if we believe we should encrypt the industry, we should stick to our own judgment.
newbie
Activity: 89
Merit: 0
What do you think is/are the reasons why the two of the world's most richest men doesn't support and is against Bitcoin and Cryptocurrency?

I know Warren Buffet is a very conservative type of investor and only invests in what he understands. It is probably the same with Bill Gates. Not to mention the spin CNBC would put on things...
hero member
Activity: 916
Merit: 500
I don’t care about their criticisms it is their opinion and i think they are insecure with the crypto currencies because they cannot even control bitcoin and other crypto currencies and for sure they did invest as well in crypto currencies.
member
Activity: 335
Merit: 10
What do you think is/are the reasons why the two of the world's most richest men doesn't support and is against Bitcoin and Cryptocurrency?
That is how they treat bitcoin Mr.Buffet tag bitcoin as a rat poison but Buffet greatest regrets was amazon he also was a critics of amazon will tbis will be a good sign history rrepeat itseif
member
Activity: 532
Merit: 15
I never trust such whales, I guess they are already adjured huge crypto and planning to get more by spreading such influencing newses and making the market stay in dip,
hero member
Activity: 1190
Merit: 534
To be honest, no one can clearly predict why they have this opinion about the Bitcoin or crypto industry but just because they are rich, doesn't mean that they are right. As we know that Warren Buffet has admitted his previous mistakes and he might be wrong this time too.

* Buffett: I was wrong on Google and Amazon, Bezos achieved a business 'miracle'.

Miracles do take place but for that, we have to hodl (going against the flow) and not hold (the traditional way of thinking ordinary).
member
Activity: 392
Merit: 10
That is their views and they have the right to express it. The fact is that such should not bother anyone. Those men are already made and can choose to run down cryptocurrency at will. After all, what made them billionaire is the current system of money so why should they oppose fiat money?
jr. member
Activity: 238
Merit: 1
Warren did not support Internet projects, and everything connected with them, and after that he simply accepted his wrong and said that he did not understand the proto in this. everything will be exactly the same with bitcoin Smiley
newbie
Activity: 112
Merit: 0
Two of the most richest men in the world whom who believe the capabilities of crypto and now turned to be a critic of crypto? How come whales ever turned their backs into the things that they love and believe can help the people? In fact, they even endorsed cryptos before so I think they're just being greedy and wanted bitcoin's price to fall so they can buy it again at a very low price.
It seems that Bill Gates and Warren Buffet are trying to make their own criticisms of the Cryptocurrency market. They have no sympathy for electronic money, even though they are giants in the investment community. The problem is that we have faith in the work we do. For the top billionaires like them, several million dollars is nothing. But to us it is a dream. Yes, it is really a motivation for us to try.
newbie
Activity: 112
Merit: 0
Yes. I have seen some comments from Bill Gates and Warren Buffet on the Cryptocurrency market. I am very respectful of him, but perhaps as a researcher and a work for collecting electronic money, I do not care much about their opinions. They have the right to say what they want, and I have the right to do what I need. Nonsense. I assure you that I do not like what they say.
full member
Activity: 434
Merit: 100
The Exchange for EOS Community
Two of the most richest men in the world whom who believe the capabilities of crypto and now turned to be a critic of crypto? How come whales ever turned their backs into the things that they love and believe can help the people? In fact, they even endorsed cryptos before so I think they're just being greedy and wanted bitcoin's price to fall so they can buy it again at a very low price.
newbie
Activity: 40
Merit: 0
Doesn't support maybe it's just a diversion to hide their real plan and motives. Anyway even the most richest men in the planet is not always right. It's up to you who to believe, them? Or your self.
jr. member
Activity: 70
Merit: 1
Bitcoin made the wave to their greatest suprise. I believe they never expected it to rise as it is now and i also believe bitcoin would make more waves and rise higher than it is now. Who really cares what they both say or their opinoin or view about bitcoin. Bitcoin grew without thwm and it going to be without them. they so enjoyed being at the top forgetting themselves not untill bitcoin came and now they are saying what i dont know. who cares should listen to them. as for me, bitcoin all the way.up satoshi!
jr. member
Activity: 350
Merit: 1
The emergence of new things will inevitably have two voices, there will be support and there will be opposition!
Traditional rich people are reluctant to threaten their status with the new currency system, and there will inevitably be a rightful voice!
newbie
Activity: 102
Merit: 0
Why do you think they are Always right? Do you think they have never made a wrong decision? They could be wrong about Bitcoin...
They are wrong about cryptos, Warren Buffet has made several mistakes in the part, His firm gave AAA ratings to garbage investments that led to to last financial crash
newbie
Activity: 102
Merit: 0
What do you think is/are the reasons why the two of the world's most richest men doesn't support and is against Bitcoin and Cryptocurrency?
They have not found a way they can effectively manipulate the market without drawing attention to themselves, so they try to wash down cryptos to scare people way.
member
Activity: 532
Merit: 15
Why do you think they are Always right? Do you think they have never made a wrong decision? They could be wrong about Bitcoin...
member
Activity: 518
Merit: 11
Warren Buffet is no doubt one of the very critics of bitcoin "rat poison, an asset that creates nothing etc" some of his lines and criticism towards bitcoin but bill gates? I know that he supports bitcoin he has some good insights and speculations about it but people change and the OP needs to provide the official source or the link of their statements so that we can analyze their opinions.
I assume they are FUD, both said that bitcoin is bubble, but the statement is only based by hatred, they lose their professionalism.

I think their mouths are just full of bad statements about bitcoin.

I do not want to hear anything information about them.
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