Warren Buffett Says Bitcoin 'Definitely Will Come to a Bad Ending'

[Dheeraj Kumar Singh]

is it true..

[HabBear]

is it true..

Ha, so will this planet when the Sun goes supernova in 5 billion years. Everything comes to an end...and ends are bad at least half the time.

Warren is an honest guy, we should appreciate his honesty. He also doesn't understand Bitcoin (or doesn't care to), therefore his opinion is "no, it's a bad idea!" It keeps him from getting roped into something that could end up badly, something that if it ended badly and had his name attached it would impact his personal brand and business.

He's an investment professional, he needs to be careful with what he does or does not endorse.

[Tehhmm]

The beauty of cryptocurrencies is that no one really knows what is ahead.

[pooya87]

is it true..

what is true?
the fact that an eighty something year old man is attacking bitcoin for no reason every chance he gets, is true.
the fact that he is even spreading misinformation about bitcoin, is also true.

the fact that bitcoin comes to a bad end, is something that nobody knows and saying "definitely" is just dumb. all the information that we have from bitcoin and how it works and the adoption of it point to the direction of better future for it and more growth and coming to a very good end instead.

[Kakmakr]

I never knew Warren Buffett was a fortune teller? Did he look into his little crystal balls, to predict the future?

Warren Buffet, like most other old-school fiat supporters, made their wealth through the old financial system and that is where their expert opinion should stop. Bitcoin started in 2009, so his broad knowledge on this subject cannot be defined as expert knowledge, because he has none.

The guy is in his 90's ffs! Did you expect him to applaud some technology that it disrupting the financial system he knew for most of his life? 

[Gontxi]

Well, everything in this world will end in time.
nothing is really eternal, this is the fact. so, i do not take a headache like the warren buffett say. he is not the perpetrator of the development of bitcoin and crypto. because he knows only on the surface only. if someone has been involved so far and studied bitcoin from time to time surely he will say using his knowledge. and not talking without true accurate evidence

[kingkats0803]

is it true..

Ha, so will this planet when the Sun goes supernova in 5 billion years. Everything comes to an end...and ends are bad at least half the time.

Warren is an honest guy, we should appreciate his honesty. He also doesn't understand Bitcoin (or doesn't care to), therefore his opinion is "no, it's a bad idea!" It keeps him from getting roped into something that could end up badly, something that if it ended badly and had his name attached it would impact his personal brand and business.

He's an investment professional, he needs to be careful with what he does or does not endorse.

Totally agree. His brand is what's hindering him from understanding other potentially good space. Just like a quack doctor who will always diagnose based on superstitions, and a medical doctor always based on medicine and practice. To each his own, and this was the case with don't care even less Warren Buffet.
But yes, he is an honest guy, everything will come to an end. And endings are usually bad, let's face it, that's the truth - most of the time, if not all, endings are bad.