Jow Forumspoors BTFO by based Buffet.
>"If you buy something like bitcoin or some cryptocurrency, you don't have anything that is producing anything," Buffett says in an interview with Yahoo Finance. "You're just hoping the next guy pays more. And you only feel you'll find the next guy to pay more if he thinks he's going to find someone that's going to pay more.
>"You aren't investing when you do that, you're speculating."
>"If you buy something [like] a farm, an apartment house or an interest in a business and look to the asset itself to determine whether you've done something — what the farm produces, what the business earns ... it's a perfectly satisfactory investment," Buffett explains to Yahoo Finance. "You look at the investment itself to deliver the return to you.
>"If you ban trading in farms, you could still buy farms, and have a perfectly decent investment," Buffett says.
>Bitcoin, however, only increases in value by being bought and sold, he argues. Its value comes from what people are willing to pay.
>"[I]f you ban trading in ... bitcoin, which nobody knows exactly what it is, people would say, 'Well why in the world would I buy it?'"
Inb4 no arguments and just the word boomer as a slur.
Jow Forumspoors BTFO by based Buffet
Evan Richardson
Carter Brooks
the same can be said for the US dollar, or stocks, or any sort of meme investment account
purchasing power, kiddo
Jose Young
When white men will have heard too much from the filthy kikes, it will be worst than in 1939, i swear it
Aiden Gray
uh hes right, we aren't investing we are speculating
i thought this was covered in freshman business classes?
Wyatt Parker
>stocks =/= currencies
wow
Elijah Russell
Based buffet BTFO 3rd worldpoors an commie faggots
Adam Murphy
go back to pol you low iq inbred
pic related, you
nobody is scared of you you fat mouthbreathing virgin
Robert Miller
SEETHING
Carson Roberts
Dollar is backed by the us governments nuclear arsenal.
Josiah Jackson
What is the safest way to protect my funds?
dollars or bitcoin?
First can be printed, second has a limited supply
Hmmmm