Topic: Why Warren Buffet , Bill Gates , ... call Bitcoin a scam ? - page 2. (Read 328 times)
I did not read in the news or hear them in the interviews that they are saying Bitcoin is a scam but they only said that Bitcoin is a bubble that it will burst anytime because it has no commodity to support the investment which is true. Well, these people are critics as there businesses have commodities to promote but they are wrong to say that Bitcoin will not last as more and more people are now supporting this currency.
Famous and talented people will never say things they are not sure it will happen!
So, you have to decide for yourself!
So, you have to decide for yourself!
Maybe Warren Buffet is old school and as he likes to get all his stocks and assets at dirt cheap prices, he may have said negative things about Bitcoin due to the fact that he never purchased any when it was very very cheap in the early days. Remember also, that these people have their own interests to protect, so they may be saying too many negative things about an Industry they do not for some reason wish to get themselves involved in. I do not believe there is any other reason behind such negativity.
Because they knows that this technology can create more new millionaires like them but they don't want someone to be in the richest person of the world,bitcoin can be helpful in diversifying the money to the people if they can get into the bitcoin at the early stage.But no one is going to hear their words so better skip them and concentrating on making yourself better.
as above poster said, none of them have actually called bitcoin a "scam". i think you have been reading too much FUD that you are too caught up in their nonsense. these people you named aren't happy about bitcoin and have been speaking against it but never like that. they were mostly warning about the future of it saying "it will end bad" and there are a lot of reasons for them including the fact that they are feeling threatened by bitcoin's existence and the way it is decentralizing monetary system in the whole world with a global decentralized payment system that they can not do anything about.
So , why do they call Bitcoin a scam ?
Nevertheless , do not say that they don't understand this technology , they perfectly know.
They have a lot of knwoledges , more thay anyone.
And I'm pretty sure that one of them have a stock of BTC.
Just remember that they are powerful , and full of knowledge , but bitcoin is dangerous for them , that's why they call it a scam , they are our enemies.
- Firstly , they say that for their reputation.
Imagine if they advise to invest in Bitcoin and btc will go down ... they will really ridiculous.. - And then , if they advise to invest , what would say Banks , ... ?
- Furthermore , they control banks and others Institutions , so if People invest in btc , they will loose power , for sure.
And as if they advise a thing , people will follow them , they can't.
Nevertheless , do not say that they don't understand this technology , they perfectly know.
They have a lot of knwoledges , more thay anyone.
And I'm pretty sure that one of them have a stock of BTC.
Just remember that they are powerful , and full of knowledge , but bitcoin is dangerous for them , that's why they call it a scam , they are our enemies.
Maybe because they know all the risk for using crytocurrencies and they're afraid because the world will lead into chaos if crypto will not be used for good and also for some other investments they have in banks so that they want to suck fame Bitcoin.
Buffet operate by small amount of bitcoin in circulation and say what this market is totally manipulated.
But they say what blockchain is very good technology.
But they say what blockchain is very good technology.
None of them has said that bitcoin is scam mate, you maybe misunderstand what the media said. But Bill gates say that he against investing in cryptocurrency
Quote
Microsoft's billionaire co-founder Bill Gates has warned against investing in cryptocurrencies like bitcoin, arguing they "caused deaths in a fairly direct way".
And Buffet say bitcoin will likely end bad so none of them say directly that bitcoin is scam
perhaps they say so because while the market is too volatile and manipulated by large players that to some extent discredits the entire crypto industry
So , why do they call Bitcoin a scam ?
Nevertheless , do not say that they don't understand this technology , they perfectly know.
They have a lot of knwoledges , more thay anyone.
And I'm pretty sure that one of them have a stock of BTC.
Just remember that they are powerful , and full of knowledge , but bitcoin is dangerous for them , that's why they call it a scam , they are our enemies.
Warren Buffett, Bill Gates are very well known and big influencing personalities and if they calling something about the bitcoin then we should first respect that because they are known to be the business tycoons and having such a great economy knowledge, and anyone will not believe this easily that how could one investment can provide such a huge profit in a very short span of time and for that people needs tu understand the fate and potential of bitcoin and for that awareness could be the biggest influence. - Firstly , they say that for their reputation.
Imagine if they advise to invest in Bitcoin and btc will go down ... they will really ridiculous.. - And then , if they advise to invest , what would say Banks , ... ?
- Furthermore , they control banks and others Institutions , so if People invest in btc , they will loose power , for sure.
And as if they advise a thing , people will follow them , they can't.
Nevertheless , do not say that they don't understand this technology , they perfectly know.
They have a lot of knwoledges , more thay anyone.
And I'm pretty sure that one of them have a stock of BTC.
Just remember that they are powerful , and full of knowledge , but bitcoin is dangerous for them , that's why they call it a scam , they are our enemies.
Not all that these people say "about cryptos" is wrong, I'll quote some of their words.
I did a quick search and did not find any quote for any of them saying about Bitcoin is a scam.
None of them talked about the technological aspect of the protein but spoke about it economically.
If we review history, most of the talk about bitcoin investment, All back to the beginning of 2017, where the price has risen to more than 1000 dollars, and speculation began to reach 19 thousand dollars.
Also in 2010, no one thought of bitcoin as an investment.
Quote from: https://www.pcgamer.com/bill-gates-thinks-investing-in-bitcoin-is-crazy-warren-buffett-calls-it-rat-poison/
Gates told CNBC that Bitcoin is "one of the crazier, speculative things" he's seen, and that he would "short it if there was an easy way to do it."
Warren Buffett wants to make one thing clear: Unlike buying stocks, bonds or real estate, buying bitcoin is not an investment: "You aren't investing when you do that, you're speculating."
I did a quick search and did not find any quote for any of them saying about Bitcoin is a scam.
None of them talked about the technological aspect of the protein but spoke about it economically.
If we review history, most of the talk about bitcoin investment, All back to the beginning of 2017, where the price has risen to more than 1000 dollars, and speculation began to reach 19 thousand dollars.
Also in 2010, no one thought of bitcoin as an investment.
They call bitcoin scam, Maybe right they say that for reputation Or they think bitcoin will broke their bussiness, Or if they support bitcoin what will every people say? using stand alone currency. But i still support bitcoin anything happen. 
So , why do they call Bitcoin a scam ?
Nevertheless , do not say that they don't understand this technology , they perfectly know.
They have a lot of knwoledges , more thay anyone.
And I'm pretty sure that one of them have a stock of BTC.
Just remember that they are powerful , and full of knowledge , but bitcoin is dangerous for them , that's why they call it a scam , they are our enemies.
- Firstly , they say that for their reputation.
Imagine if they advise to invest in Bitcoin and btc will go down ... they will really ridiculous.. - And then , if they advise to invest , what would say Banks , ... ?
- Furthermore , they control banks and others Institutions , so if People invest in btc , they will loose power , for sure.
And as if they advise a thing , people will follow them , they can't.
Nevertheless , do not say that they don't understand this technology , they perfectly know.
They have a lot of knwoledges , more thay anyone.
And I'm pretty sure that one of them have a stock of BTC.
Just remember that they are powerful , and full of knowledge , but bitcoin is dangerous for them , that's why they call it a scam , they are our enemies.
In my opinion, I think it is because they became successful by not depending in such. Businessmen do not take huge risks when it comes to money. They will invest in something that will surely come up with a good result. Bitcoins unstableness is a factor. Also, negative issues involving bitcoin such as its use in illegal activities also contributes. Well, rich persons will more likely say such things but at the end ofthe day it is up to you whether you invest or not.
So , why do they call Bitcoin a scam ?
Nevertheless , do not say that they don't understand this technology , they perfectly know.
They have a lot of knwoledges , more thay anyone.
And I'm pretty sure that one of them have a stock of BTC.
Just remember that they are powerful , and full of knowledge , but bitcoin is dangerous for them , that's why they call it a scam , they are our enemies.
- Firstly , they say that for their reputation.
Imagine if they advise to invest in Bitcoin and btc will go down ... they will really ridiculous.. - And then , if they advise to invest , what would say Banks , ... ?
- Furthermore , they control banks and others Institutions , so if People invest in btc , they will loose power , for sure.
And as if they advise a thing , people will follow them , they can't.
Nevertheless , do not say that they don't understand this technology , they perfectly know.
They have a lot of knwoledges , more thay anyone.
And I'm pretty sure that one of them have a stock of BTC.
Just remember that they are powerful , and full of knowledge , but bitcoin is dangerous for them , that's why they call it a scam , they are our enemies.
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