Warren Buffett says Bitcoin cannot be valued - please do your own research

[frankbitcoin]

Sorry Buffett, but Bitcoin DOES have value.

21 Million supply cap.

Used as a safe-haven for countries who irresistibly hyper-inflate their currency by mass printing.

increased transaction volume = increased intrinsic value.

please do your own research before listening to the talking heads. 

[Sachinist]

If you listen to him talking about Bitcoin, it's patently clear that he's either being faux-naif to mislead people or he really is quite ignorant on the subject which I personally believe he is. Just take a look at BH website and it will tell you all you need to know about Buffett, the technophobe.

[bitcoinveda]

Warren Buffett biggest regret: Not investing in this technology giant!
Warren Buffett: I was wrong on Google and 'too dumb' to appreciate Amazon

so Warren Buffet decisions are wrong and his assumption upcoming descriptive technology. like bitcoin blockchain he is not in a position to see growth and digest growth

[monkeydominicorobin]

Sorry Buffett, but Bitcoin DOES have value.

21 Million supply cap.

Used as a safe-haven for countries who irresistibly hyper-inflate their currency by mass printing.

increased transaction volume = increased intrinsic value.

please do your own research before listening to the talking heads. 

It is the same as saying that his wealth is just a perception. We could very well say that Mr Buffett is a beggar.

[yoseph]

Sorry Buffett, but Bitcoin DOES have value.

21 Million supply cap.

Used as a safe-haven for countries who irresistibly hyper-inflate their currency by mass printing.

increased transaction volume = increased intrinsic value.

please do your own research before listening to the talking heads. 

He still doesn't understand how the whole thing works, since they is a fixed amount of bitcoins in the system there is no way that its going to get overvalued in the process. I thought he was not going to talk about bitcoins anymore.