can we seriously discuss this?
>the “Oracle Of Omaha” has made yet another anti-crypto statement. According to Buffet, Bitcoin is not a “productive” asset, unlike land or corporate shares. As a result, investors’ demand for it is the only price-determining factor, making digital currency a handy tool for “charlatans,” Buffet said.
This is incorrect. It's really worth discussing.
The 30 yr old boomer didn't invest in google and amazon because he doesn't understand tech. He hasn't learned his lesson. Maybe he'll start buying some utility tokens after they pump 100x on the nasdaq in the coming years.
he just wants you to buy his stock bags
"really not
>The billionaire investor claimed that cryptocurrency community is in for a “bad ending” after the “euphoria wears off.”
if we take the quote yo shared:
he is 100% right, you would have to be a moron to argue with this
are you a moron op?
you clearly are a moron
> Earlier in February, Munger called Bitcoin “totally asinine” and argued that people get involved in crypto ”because everybody wants easy money.”
After reading this part I feel like he's worried the poor are going to be rich and the rich are going to be poor.
how can you say bitcoin is asinine with the global financial situation? I really think there's some other motive there. I'm only reading a quote apprently of what he said
also absolutely right
hope that the euphoria lasts a while and intensifies
what about this part?
...