Max Keiser also known as the bitcoin bull has slammed Buffett for his bitcoin stand, and I can’t agree more with him as he’s correctly pointed out that when it comes to Bitcoins Buffett got it horribly wrong and ended up messing his reputation. Furthermore Max is also urging people to ignore Buffett advice relating to bitcoins, and he’s urging them to invest in bitcoin. Lastly I hope that Buffett will soon stop making statements against bitcoins, and accept the fact that he was wrong about bitcoins.
Sources:
https://cointelegraph.com/news/buffett-killed-his-reputation-by-being-stupid-about-btc-says-max-keiser
https://cointelegraph.com/news/warren-buffett-expects-market-doom-that-can-take-down-bitcoin-with-it
I agreed that Buffet should not make statements on bitcoin that is the thing he does not understand about. In contrast, I saw Buffet has done so well in the crisis triggered by the pandemic. Once again, he has shown he is a legendary investor. It is undeniable. He can miss opportunities but he usually choses best period to invest. Honestly, I learned from his patience and his reaction before and during the pandemic so far. Sources:
https://cointelegraph.com/news/buffett-killed-his-reputation-by-being-stupid-about-btc-says-max-keiser
https://cointelegraph.com/news/warren-buffett-expects-market-doom-that-can-take-down-bitcoin-with-it
