What utility do trism tokens have?
Trism original collectables are sold from time to time for profit a portion of which will return funds to the Trism: fund and asset wallet. Feedback and sentiment from the community will drive creative direction of NFT’s and commissioning of art/financial products. This includes looking at all new and exciting use cases of NFT’s and potentially working with other projects aimed at the long-term goal of sustainable recurring revenue generation.
Any recurring revenue generated by the project will be re-distributed to holders via staking of Univ2 LP’s into a perpetual farm (circa. 1-2 months away). Put simply, the more liquidity someone is able to put forward, the greater their share of recurring revenue.
Topic: Warren Buffett's obsession with physical things, gets in his way to see the gem (Read 506 times)
December 22, 2020, 12:37:20 PM
August 01, 2019, 04:07:44 PM
Well, in actual fact Bitcoin has both the shell and the life in the shell. The shell is the blockchain while the creature in the shell is the currency.
His point on physical currency is funny though. I bet that point sounds reasonable to listeners because it is coming from a billionaire
His point on physical currency is funny though. I bet that point sounds reasonable to listeners because it is coming from a billionaire
August 01, 2019, 11:40:38 AM
It's really hard for me to understand that some people are incredibly fascinated with Buffett, and in same time they are on cryptocurrency forum which should be about Bitcoin and not about why some dinosaurs persistently refuse to use new technologies.
Would we as crypto-community should try to change his mind, convince him to get into Bitcoin? Do you want Buffett invest few billion in Bitcoin, pump price and then dump all, and send us at the crypto beginning?
I do not see any reason that this person is even mentioned in the forum, he is all about making money, he is 100% against cryptocurrency and he call us with not very pleasant names.
Would we as crypto-community should try to change his mind, convince him to get into Bitcoin? Do you want Buffett invest few billion in Bitcoin, pump price and then dump all, and send us at the crypto beginning?
I do not see any reason that this person is even mentioned in the forum, he is all about making money, he is 100% against cryptocurrency and he call us with not very pleasant names.
The answer is very easy. Warren Buffett is one of the richest people in the world and he is admired and followed by millions of people around the world. His opinion on Bitcoin is important, because it will help with global adoption and it will also motivate 1000s of retailers to accept Bitcoin as a payment option.
A record breaking 16200 people attended the yearly Berkshire Hathaway's (BRKB) shareholders meeting in 2019. A lot of these people are influential business people like, Bill Gates.
Warren Buffett has a cult following and people admire him as a cult leader.
I'd rather follow Elon Musk, fellow geek co-authored Paypal and didn't rest on his fortune, but made rockets, electric cars, hyperloop, tunnels, etc. Even honorary Dogecoin CEO for lulz; pushing humanity forward to a new age.
I don't particularly care what Warren has to say, his time is past. If he supports Bitcoin, then welcome. But if he insists in opposing it, he should just step aside. And please don't get me started on Bill Gates, thankfully he is retired and mostly a philanthropist, but any anti Bitcoin comments are unwelcome.
Those names are counter examples, what people should not follow.
August 01, 2019, 08:55:01 AM
So it might be that his theory of not investing in digital assets is wrong but his investments in physical assets is what have made him rich.
As far as I know, it's not "physical" assets that made him rich, I mean, I'm pretty sure stocks are purely digital. It's that he mostly picks the safer investments. I'm pretty sure even if someone actually convinces him that Bitcoin actually is not something that does nothing like he himself said, he still wouldn't invest in it due to the simple reason that it's a high risk speculative asset.
So why does the most experienced player i.e. Warren Buffet takes it safe rather than playing a risky game ?
What should we do, should we play safe like Warren Buffet or should we take risks ?
August 01, 2019, 05:52:52 AM
Buffett can be understood, but his ideas are too outdated
August 01, 2019, 05:37:07 AM
It just shows how ignorant he imagines comparing, comparing Bitcoin to a piece of a button, so Justin should not waste time and money to invite Warren Buffet, it will just go nowhere, you cannot teach an old and ignorant dog new tricks, even if that new trick is how to get rich, we shoul also stop Buffet here, he is becoming popular here.
August 01, 2019, 04:58:24 AM
The answer is very easy. Warren Buffett is one of the richest people in the world and he is admired and followed by millions of people around the world. His opinion on Bitcoin is important, because it will help with global adoption and it will also motivate 1000s of retailers to accept Bitcoin as a payment option.
A record breaking 16200 people attended the yearly Berkshire Hathaway's (BRKB) shareholders meeting in 2019. A lot of these people are influential business people like, Bill Gates.
Warren Buffett has a cult following and people admire him as a cult leader.
A record breaking 16200 people attended the yearly Berkshire Hathaway's (BRKB) shareholders meeting in 2019. A lot of these people are influential business people like, Bill Gates.
Warren Buffett has a cult following and people admire him as a cult leader.
You should know that Buffett, Gates, Slim, Bezos or any other on that list are actually publicly known rich people, and that they are only one generation creators of wealth. They have billions, but most richest people or better to say families have trillions which have been accumulated over a period of more than a thousand years. Buffett is nothing, he will live maybe few more years and he will die with his beliefs, and I do not see how he can help to global adoption of Bitcoin?
Strength of Bitcoin is not in one man, or in that 16200 that are as you say "influential business people", they are only interested in profit and you can see results of their insatiable greed in today world. If you think Buffett is necessary for success of Bitcoin, then you are turn to wrong road, far away from Satoshi idea.
August 01, 2019, 02:09:05 AM
Everyone have a different perspective there are some who value something while other see's it as something useless.
We shouldn't judge others base on what they value and we don't have to critize others for what they want.
Everyone of us have different interest so we should just respect each other and don't let others affect your decission.
We shouldn't judge others base on what they value and we don't have to critize others for what they want.
Everyone of us have different interest so we should just respect each other and don't let others affect your decission.
August 01, 2019, 12:49:24 AM
It's really hard for me to understand that some people are incredibly fascinated with Buffett, and in same time they are on cryptocurrency forum which should be about Bitcoin and not about why some dinosaurs persistently refuse to use new technologies.
Would we as crypto-community should try to change his mind, convince him to get into Bitcoin? Do you want Buffett invest few billion in Bitcoin, pump price and then dump all, and send us at the crypto beginning?
I do not see any reason that this person is even mentioned in the forum, he is all about making money, he is 100% against cryptocurrency and he call us with not very pleasant names.
Would we as crypto-community should try to change his mind, convince him to get into Bitcoin? Do you want Buffett invest few billion in Bitcoin, pump price and then dump all, and send us at the crypto beginning?
I do not see any reason that this person is even mentioned in the forum, he is all about making money, he is 100% against cryptocurrency and he call us with not very pleasant names.
The answer is very easy. Warren Buffett is one of the richest people in the world and he is admired and followed by millions of people around the world. His opinion on Bitcoin is important, because it will help with global adoption and it will also motivate 1000s of retailers to accept Bitcoin as a payment option.
A record breaking 16200 people attended the yearly Berkshire Hathaway's (BRKB) shareholders meeting in 2019. A lot of these people are influential business people like, Bill Gates.
Warren Buffett has a cult following and people admire him as a cult leader.
July 31, 2019, 10:21:06 PM
I think it is not Warren Buffet's problem anymore. Leave the man alone. To each his way of investment. The man is full of wisdom, we all know that. He has turned himself from a mole hill into an enormous mountain. We all have our own preference in terms of investment. It is unfortunate on our side that a well respected man in terms of finances is not on our side. As for him, I guess he is not bothered at all that he is not joining us.
July 31, 2019, 10:07:56 PM
I don't think it has anything to do with something being physical. He's clearly alluding to things whose value are backed by something. What he doesn't grasp is how Bitcoin has value despite being decentralized, and I think that's perfectly fine for someone who has built his wealth the way he did using the regular system.
Either way, his dislike of Bitcoin isn't really news to anyone at this point, so there's probably no use dissecting it. He's worth more than a lot of us ever will be, so he's at least entitled to his own opinion about finance.
Either way, his dislike of Bitcoin isn't really news to anyone at this point, so there's probably no use dissecting it. He's worth more than a lot of us ever will be, so he's at least entitled to his own opinion about finance.
July 31, 2019, 07:03:53 PM
I don't know a lot about Warren Buffet, but he sounds like the kind of guy who never ever admits that he was wrong and who just doubles down when he faces contradicting facts. We've seen other nocoiners like Jamie Dimon softening their opinion with time, when it becomes more and more clear that Bitcoin is not going away, but Buffet was saying the same thing for years. This just shows us that you can't trust a single guru and instead try to learn from multiple people.
July 31, 2019, 12:30:21 PM
I'm not saying that it's mostly on stocks, but I have zero doubt that stocks(and equities) should definitely take a significant percentage from his income sources. I mean, he's the CEO and chairman of Berkshire Hathaway, which is a holding company that holds a crap ton worth of stocks.
July 31, 2019, 12:04:31 PM
why do we have to worry about what he does or doesn't do? why do we have to worry about what he thinks about bitcoin? He is not a god, he is just a man. Sometimes I get the impression that the crypto world looks like a child desperate for attention ... we have many investors, and more investors have entered the crypto market, we don't need this Warren Buffet
July 31, 2019, 11:51:49 AM
Every now and then, Warren Buffet has one negative thing or the other to say about the bitcoin, and I keep wondering why someone who shows no interest in the network, should keep making comments about it, maybe probably this is an attempt at spreading negative news about bitcoin.
Warren doesn't need the bitcoin(he is wealthy already), the bitcoin network likewise doesn't need him
Warren doesn't need the bitcoin(he is wealthy already), the bitcoin network likewise doesn't need him
July 31, 2019, 11:15:32 AM
He was also rumored to have said that if he wrote a cheque for $1 000 000, that check is backed by $1 000 000 at the Bank.
Backed by the bank huh? So he is trusting a promise a third party pledged to do on his behalf. He seems to forget the part where, in between the moment he writes his check and the time you take to go cash it, that very bank could go bankrupt. Because, hello? fractional reserve banking. Mr Warret doesn't know 90%+ of the world's fiat currency doesn't exist anywhere? He probably does and made some good money of that system...
Sorry, but a promise is not tangible. In fact if anything Bitcoin does, is that you don't have to trust anyone, unlike cheques, the Bitcoin network ensures this without any third parties: No financial institutions, no governments, it works by code and secured by math, something his old fashioned words won't ever achieve.
Funny who is the one talking about tangibles. Hey, write your seed words in a piece of paper, there is your tangible. Its even better than a check...
July 31, 2019, 11:12:25 AM
however, what i don't get is that why do they keep asking him about bitcoin? it is not like he has ever shown any interest or have any kind of knowledge in the matter!
I think it is redundant. He may even have some bitcoin in a cold storage, but wouldn't want the FUD to affect his other assets.
July 31, 2019, 11:09:23 AM
It may not just be because bitcoin is not physical that Warren Buffet does not publicly associate himself with it. He has investments in financial institutions; billions of dollars im Wells Fargo, Bank of America and American Express.
That is billions of reasons for him to spread FUD about Bitcoin and protect his money. Bitcoin will turn the model of wealth as we know it upside down, if it were to have wider adoption. Who loses? Definitely Warren.
That is billions of reasons for him to spread FUD about Bitcoin and protect his money. Bitcoin will turn the model of wealth as we know it upside down, if it were to have wider adoption. Who loses? Definitely Warren.
July 31, 2019, 11:02:45 AM
As far as I know, it's not "physical" assets that made him rich, I mean, I'm pretty sure stocks are purely digital.
Warren Buffet is very popular for investing in stocks, and it is believed he made most of his money through stocks. At least, that is what most people think. But that is not entirely true. Buffet has made so much from real estate.
Warren is a smart Investor he would rather make an honest and intelligent judgement of what an asset can produce for an owner and if the present price correlates, before he buys it. He uses same logic in real estate and stocks.
I guess you'd agree real estate is physical.
July 31, 2019, 11:00:17 AM
So, hopefully someone at Berkshire Hathaway might see the value of digital tokens in the future and realize that Warren Buffet's obsession with physical items might be his downfall in the future.
the world doesn't divide into adopt bitcoin or be annihilated. bitcoin is just a small part of this world and Warren Buffet will still be big even if he or his companies never touch bitcoin ever or ever get close to anything called "cryptocurrency"!
however, what i don't get is that why do they keep asking him about bitcoin? it is not like he has ever shown any interest or have any kind of knowledge in the matter!
Jump to: