Chairman and CEO Warren Buffett and Vice Chairman Charlie Munger preside over the Berkshire Hathaway annual meeting, …
45 Comments
Well Warren, think about what you are saying. All the bitcoin currently being held is worth about $1 trillion. Any you wouldn't give $25 for a $1 trillion dollar value???
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I understand what he’s saying about bitcoin not being a tangible asset. We’re living in a different age. He come up in the age of industrialization and expansion. This is an age of creativity, finding ways to make what we already have better.
Sometimes Shapiro says some useful stuff, sometimes he says some stupid stuff, but when it comes to BTC, I think his explanation is much more useful than Buffet's: https://www.youtube.com/watch?v=2pR2gfogsk
This is an extremely important video for the next generation!!! 91 yrs old one of the richest guys in the world is saying SO MANY negative words about a tinny tinny innovation that is less than 1% of the total economy. Kiddos you want to be like him ?? Think twice!!
I like that people have done 0 research about the blockchain technology and bitcoin and still talk like they are experts on something. I bet that 99% of the people talking about bitcoin here haven't even read its whitepaper.
I have a lot of respect for Warren Buffet, but I watched his interview recently where he said he didn't participate in the technological boom in the 90s because he doesn't understand it and it's okay, why should he understand everything. So it's not surprising he's not a fan of Bitcoin if he wasn't fan of internet or computers or other advances in technology that he didn't care about
If you offered me all the bitcoin in the world, i wouldent buy it? No body would you fuc#in buy it you moron. Because the value comes from its distribution and use in the community. 🙈
There are maybe a couple top coins that might someday be common online currencies——-the rest are valueless trash. And why would a common currency be worth $30,000? That's not something people can use to buy things. Here's my .0001% of a bitcoin to pay for this 20 oz Coke.
Trading with Mr Tarabay Johnson has been the BEST STEP I ever took, I choose trading long term with him cause he helped earn good profits after every trade sessions
love buffett but clearly doesnt get the value prop. just in the example alone. if someone ownes all of it there is 0 value. whole point is decentralized currency. will btc be king in 50 years? maybe not. but there will be a cryptocurrency that will be
Well Warren, think about what you are saying. All the bitcoin currently being held is worth about $1 trillion. Any you wouldn't give $25 for a $1 trillion dollar value???
Successful Trade Is What We Need. Imagine having several jobs and working for several hours just to meet up with $1000USD in a week and your friend/neighbor sits at home and makes over $20,400USD at same range of time? It's no magic, the secret is STOCKS , BITCOIN , CRYPTO/FOREX TRADING*, *BINARY OPTIONS …. You too can be much more successful than your friend/neighbor. Keep buying and investing in stocks or crypto.
My trading journey was a matriculation of high and low literally just like the market. You up and you down. Now I'm constantly up
Beware false prophets
Well you can't buy all Bitcoin for 25 dollars. Apple is far overvalued then Bitcoin.
I understand what he’s saying about bitcoin not being a tangible asset. We’re living in a different age. He come up in the age of industrialization and expansion. This is an age of creativity, finding ways to make what we already have better.
Buffet would be WRONG
Sometimes Shapiro says some useful stuff, sometimes he says some stupid stuff, but when it comes to BTC, I think his explanation is much more useful than Buffet's: https://www.youtube.com/watch?v=2pR2gfogsk
He s a dinosaur. A rich dinosaur.
I agree with him. If one person owner all the bitcoin or any other currency it would be utterly useless.
Making money is the plan and with Bitcoin your plans can be accomplished.
This is an extremely important video for the next generation!!! 91 yrs old one of the richest guys in the world is saying SO MANY negative words about a tinny tinny innovation that is less than 1% of the total economy. Kiddos you want to be like him ?? Think twice!!
Buffet doesn’t understand bitcoin which is okay. Bitcoin is the same thing as any other asset as it has perceived value.
Time to retire.
He's benefited from the US $ being printed into infinity. Hypocrite.
I like that people have done 0 research about the blockchain technology and bitcoin and still talk like they are experts on something. I bet that 99% of the people talking about bitcoin here haven't even read its whitepaper.
Bitcoin is, just, one aspect of woke, computer tech fantasy land.
Mining is destroying our nature.
I think Warren Buffett made his first profits buying and selling tulips in the 1630's…
Assets have to deliver something… absolutely right. Only Gold is tricky as it also doesnt deliver anything but trust
Yup, he's right. Crypto and NFTs are store of speculation not value.
God bless, Rev. 21:4
So it’s exactly like banks that have money and make money in interests. Don’t fall for it. Rich people just want it at a lower price.
Yah,you would take it.for 25 bucks each,buy low sell high Warren.
This guys brain is fried. He’s like 90. He said “if owned all the Bitcoin in the world” like 10 times before he made his out of touch point.
What an out of touch boomer
I have a lot of respect for Warren Buffet, but I watched his interview recently where he said he didn't participate in the technological boom in the 90s because he doesn't understand it and it's okay, why should he understand everything. So it's not surprising he's not a fan of Bitcoin if he wasn't fan of internet or computers or other advances in technology that he didn't care about
Likely the dumbest thing he ever said.
What would One do with ALL THE GOLD bullions in the world besides keeping them in a vault?
No intrinsic value or CF generation in Bitcoin. Well said.
I will buy all the bitcoin for $25 for sure. Then I will adapt and figure out how to use it.
If you offered me all the bitcoin in the world, i wouldent buy it? No body would you fuc#in buy it you moron. Because the value comes from its distribution and use in the community. 🙈
Let me advice you about the best coin to invest this time you will not regret it
#LZNC1 #LZN
#RVZ
There are maybe a couple top coins that might someday be common online currencies——-the rest are valueless trash. And why would a common currency be worth $30,000? That's not something people can use to buy things. Here's my .0001% of a bitcoin to pay for this 20 oz Coke.
Buffet is old and irrelevant
He literally doeant understand bitcoin. That is all he said in this interview.
fool, 5 minutes later he could realize his gains at buying all the bitcoin for 25$
Well Bitcoins did well this year 😁
Trading with Mr Tarabay Johnson has been the BEST STEP I ever took, I choose trading long term with him cause he helped earn good profits after every trade sessions
love buffett but clearly doesnt get the value prop. just in the example alone. if someone ownes all of it there is 0 value. whole point is decentralized currency. will btc be king in 50 years? maybe not. but there will be a cryptocurrency that will be
Come on, what happened to vision? In the late 1800s, Buffet would say electricity, automobiles and airplanes are useless.
if you've already got 1 billion dollars and you're still working but not giving all your profits to the poor you're a psychopath
I agree, guys I am done with my BTC I have 1.84 and I am going to give it all away to someone who needs it
To have all the BTC in the world would make it useless.
Basically don't use Real $ money to buy Arcade money.
Old boomer.
Crypto is the future.
Enough giving banks money so they can use it for their profit.