[ Warren Buffett: ] “Stay away from it. It’s a mirage, basically. … It’s a method of transmitting money. It’s a very effective way of transmitting money and you can do it anonymously and all that. A check is a way of transmitting money, too. Are checks worth a whole lot of money just because they can transmit money? Are money orders? You can transmit money by money orders. People do it. I hope Bitcoin becomes a better way of doing it, but you can replicate it a bunch of different ways and it will be. The idea that it has some huge intrinsic value is just a joke in my view.”
Read more: http://www.gobankingrates.com/personal-finance/6-things-warren-buffett-says-should-money-2015/#ixzz3MwXTOAlW
I don't know how Warren can identify one of the many reason bitcoin has value in the banking industry particularly and think it has no value loooool
Perhaps because he figured out one key fact (in purple) right away, that bitcoiners have closed their minds to?
LoL thanks Jorge for pointing out the option of alts to us. You and Warren must be on some similar wavelength of dinosaur, hope you don't end up extinct.
I wouldn't mind being a dinosaur with his all his dollars to spend before going extinct. But, alas, ...
Yeah, he's done pretty well for a dinosaur, financially...
As your Beneficent Reptilian Overlords, we'd like to take this moment to point out that
"...although the word dinosaur means "terrible lizard", the name is somewhat misleading, as ...oh my, you smell delicious!"--wikip
~Your Beneficent Reptilian Overlords