Warren Buffett on CNBC

[Walrus1]

He himself said he knows nothing about crypto. But he does know it will end badly. I don't get why CNBC asks him about crypto currency when he admits he knows nothing about crypto. So basically the whole interview is useless, of course it will end badly for some. There will be people who make tons of money and others will lose, that is how it works.

not saying he is right but he has some of the brightest minds in finance looking at Bitcoin. Don't think his company hadn't studied it. He started from nothing and became one of the richest men in the world he ain't no dummy

[Walrus1]

We could say that those markets have been in a bubble and when they explode they will explode in the face and will make the financial crisis of the history those people in the cryptocurrency that is normal the bubbles explode and ready but in the markets The world's financial companies keep them in a price range and accumulate and accumulate until they can not stand it and it explodes

at this point even if it burst to 0 it would have almost no impact on our economy, it's not big enough yet. Some whales and us regs who have 10k to a few million mean nothing in the scheme of things. All these . 5 btc holders mean nothing to the economy other than them goin broke, there will be no bailouts, just some suffering

[Roukawa]

I saw Warren Buffett on CNBC say all crypto currencies are in a bubble and will end badly. They have no idea what is happening. Maybe that is a good thing. If they knew, they might push for hyper regulation.

He said also that bitcoin will exists in just 10 to 20 years as what I've seen on one article. I think he underestimate bitcoin and probably he is an activist in bitcoin.
I don't know why he hates bitcoin but I think that bitcoin affects his profits or company.

[Bachelorrd]

I don't know why they even bother to interview a person who doesn't really know about crypto. They have been asking a wrong guy, if the interviewee is someone who is related to crypto then I would gladly accept that.

[yojodojo21]

I think he doesn't get the idea of decentralization which can help the economy be more flexible and easy, there some news like this that can't help but to ruin the identity of bitcoin instead of welcoming it as a precious Help from satoshi nakamoto. The Problem with rich people, they don't acknowledge things that can help individual, they only think about themselves, which is the reality.

[MCVXYZ]

He said the same about Apple shares and There was a similar opinion about Apple's actions as I remember From the foundation of the company in the initial period.But after this,Finally I think He was quite a large shareholder.So don't let this negative press and do your own researches,After this make decisions and find the answer,Does he have interests and why did he said this?In my opinion this is a groundless interview and this is not a secret that announcemens like this have a great influence on price.