Topic: Warren Buffet statement again - page 6. (Read 17690 times)
Buffet thinks that what's valuable is blockchain technology, but he doesn't think if the blockchain without a crypto device has no meaning or value. Buffet also does not think about how the process of bitcoin travel can be trusted by everyone so that the bitcoin network continues to grow. I haven't heard of a cryptocurrency network as well as bitcoin, even though market prices can be manipulated but this technology remains transparent. Maybe Buffet can create crypto itself for its business network, but the level of security will not be able to keep up with the bitcoin network.
It is precisely because everyone can dig, it can be said that everyone has the right to cast, will be so many countries and vested interests to suppress, if legalized, the bottom digging can exchange needed goods, to work for vested interests is no longer the only way out, get rid of the upper people with rights and interests on the bottom of the shackles, solidified class will be subversive XX, the ultimate majority. The upper class will lose their status and rights. If they want to get what they need, they must dig it in person, and they can no longer enjoy it. Besides, the value of digging is very expensive. Electricity is produced by water and coal, which is as valuable as the products of all machinery factories. After the legalization of Bitcoin, the current monetary system will be abandoned, because everyone can produce and circulate it. No one will work hard for others anymore. People at the top of the pyramid will fall into the civilian class in an instant. Would the upper class want to see that?
warren buffet is more of a commodities guy.. not an asset guy
if you watch the whole segment including other interviews he does
he would rather invest in a farm that makes corn with a yearly 5% profit.. but not invest a farms end product(popcorn) that makes 7%
because to him the farm can keep producing year in year out. but popcorn is an end product that produces nothing new even if you hold it for years
so to warren buffet the COIN bitcoin is like popcorn, it has a value but doesnt produce anything.. but the technology behind it blockchain(bitcoin protocol) has a value and can grow year on year
the issue is you cannot invest in the protocol
if you watch the whole segment including other interviews he does
he would rather invest in a farm that makes corn with a yearly 5% profit.. but not invest a farms end product(popcorn) that makes 7%
because to him the farm can keep producing year in year out. but popcorn is an end product that produces nothing new even if you hold it for years
so to warren buffet the COIN bitcoin is like popcorn, it has a value but doesnt produce anything.. but the technology behind it blockchain(bitcoin protocol) has a value and can grow year on year
the issue is you cannot invest in the protocol
Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.
This similar idea is propagated by bitcoin enthusiasts. Yes the blockchain can survive without bitcoin, that does not mean Bitcoin itself is transitory. Bitcoin has been around for over ten years and has shown no signs of fading.
I don't like this person, he always has a bad statement to make the crypto market fall.
No one really has that much influence to make the market fall, investors abd traders have gotten past the period of intense FUD against cryptocurrencies. And the market has also grown very large.
Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.
i don't remember seeing him praise anything but it would be understandable if he did since most of these people have some sort of stake in centralization so they praise the technology mainly when it is adopted by the centralized sector (like banks, example: Jpmorgan)Quote
I don't like this person, he always has a bad statement to make the crypto market fall.
then why are you quoting him here and starting a TOPIC about him?!!
Warren Buffett is a very conservative, value-oriented investor who does not understand new technologies. A lot of his wealth has come from being in a position of getting special privileges and bailouts, so what he says should be taken with a grain of salt. I recall also he was skeptical of internet companies a couple of decades ago.
Who cares what some billionaire thinks? Sure he has trading experience but that does not mean he can tell the future of crypto.
At the end of last February, Warren made a sensation again by saying that BTC was only a Delusion. He also said that BTC does not have a unique value, BTC cannot make a profit.
Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.
but on the other hand, the Warren Buffet company has a large loss of $ 4.3 billion. I don't like this person, he always has a bad statement to make the crypto market fall.
Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.
but on the other hand, the Warren Buffet company has a large loss of $ 4.3 billion. I don't like this person, he always has a bad statement to make the crypto market fall.
What can we expect, this is an anti bitcoin statement but we don't know his real intention.
I'm sure I'm seen this many times, when people with big names are saying against a certain start up technology, that's the time to be more aggressive.
They are here to disrupt our belief so they'll have the biggest share of the pie, so don't get affect and dump, you are doing it for their benefit, in case.
At the end of last February, Warren made a sensation again by saying that BTC was only a Delusion. He also said that BTC does not have a unique value, BTC cannot make a profit.
Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.
but on the other hand, the Warren Buffet company has a large loss of $ 4.3 billion. I don't like this person, he always has a bad statement to make the crypto market fall.
Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.
but on the other hand, the Warren Buffet company has a large loss of $ 4.3 billion. I don't like this person, he always has a bad statement to make the crypto market fall.
Look what said about the cryptocurrencies CEO JPM Morgan - all the time he claimed that Bitcoin is a scam, and now he creates his own cryptocurrency. These people just want to manipulate the market to earn money, nothing more. Never trust such people!
i don't believe that he has the say about the current situation of crypto market. even without him, crypto is moving on and continue to grow day by day. he might have been quietly investing in bitcoin also or other altcoins. so we really don't know the truth here. most of the news that we read are superficial and we need to filter which one is really true or not.
At the end of last February, Warren made a sensation again by saying that BTC was only a Delusion. He also said that BTC does not have a unique value, BTC cannot make a profit.
Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.
but on the other hand, the Warren Buffet company has a large loss of $ 4.3 billion. I don't like this person, he always has a bad statement to make the crypto market fall.
Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.
but on the other hand, the Warren Buffet company has a large loss of $ 4.3 billion. I don't like this person, he always has a bad statement to make the crypto market fall.
Jump to: