goldenbitC
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Activity: 532
Merit: 2
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July 17, 2019, 05:10:45 PM |
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because he's too old when he was born, there weren't even plastic cards yet. old people can be very conservative. when significant people will be replaced by his young relative, that's then begin warmer for the world of cryptocurrency
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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jvdp
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July 17, 2019, 05:42:06 PM |
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because he's too old when he was born, there weren't even plastic cards yet. old people can be very conservative. when significant people will be replaced by his young relative, that's then begin warmer for the world of cryptocurrency
LOL, maybe right buddy but actually Warren Buffett is the centralised business giant and she will never support decentralized cryptocurrency or any project belongs to the platform. Then if the Bitcoin acquires complete market and enter centralise mode of payment system and never make profit with their payment support partners. Maybe after government recognise they may wish to use the Bitcoin. |
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Artemis3
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Activity: 2016
Merit: 1563
CLEAN non GPL infringing code made in Rust lang
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July 17, 2019, 05:43:37 PM |
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He doesn't need to make more money anyway, and if he does, it won't be a high risk like it is for everybody else. Yes, down-talk Bitcoin, while ready to invest in it a little percent of his disposable fortune just in case...
I bet the rest of his kind are doing the same, even Trump.
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Mr.Ease
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July 17, 2019, 05:46:46 PM |
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If you understand the evolution of money and tulip investing, it all makes sense.
He hates it because hes rich off USD. Its not worth his time and he relates it to tulips. Tho i find his thinking a tad obsolete. |
~ Too Many Scams, Schemes, and Shitcoins... ~
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maxreish
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July 22, 2019, 11:42:57 AM |
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Because he was insecured and could not accept the fact that bitcoin will be boomed like now. He doesn't really know about how blockchain really works and how bitcoin is considered as digital investments. Or when everybody envy bitcoin, he just want to be on the opposite side to gain some attention.
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bryant.coleman
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Activity: 3654
Merit: 1217
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July 22, 2019, 12:50:33 PM |
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It is not yet clear whether Warren Buffet is actually jealous about Bitcoin, or he hates BTC for some unknown reason. IMO, I think that the former is more of a possibility when compared to the latter. Buffet made a lot many risky investment decisions during the 20th century, and he got a lot of fame and money from them. So people expected him to predict the next major asset boom, but he was unable to do that. But rather than accepting his defeat, he is still trying to paint Bitcoin as a ponzi scheme which may become worthless at some point in the near future.
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BitcoinPanther
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July 22, 2019, 02:40:51 PM |
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I like those people who doesn't comment much if they don't really know about something. Warren Buffet is a well-known man in terms of Financial Education. But when he talk about Bitcoin, I don't think that he really understand it. Let them speak, their negative comments will be remembered when Bitcoin and Blockchain Technology will succeed in the future.
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Gi01
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July 22, 2019, 02:54:50 PM |
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You can hate something you just don't understand. Warren Buffet does not hate Bitcoin, he is just ignorant about what Bitcoin is and has no knowledge about the true purpose of bitcoin and blockchain technology. He is just saying what he thinks Bitcoin is from the information he has heard the media say about the entire crypto ecosystem..
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atliens99
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Activity: 392
Merit: 13
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July 22, 2019, 03:05:30 PM |
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Mr buffet tries to come off as a super nice guy but his ultimate motive is money. He will try to kill anything that threatens his investments and he is heavily invested in banks and credit cards. Bitcoin is a major threat to those businesses, point blank.
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minersday
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July 22, 2019, 03:57:47 PM |
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In this world, we are entitled to the freedom to express ourselves on anything we see or hear. Warren Buffet is just expressing his thoughts on things he do not understand and its different from the way he does his transactions. I don't think he hates bitcoin but he just not familiar with how bitcoin and blockchain technology works.
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Chrisdstar
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Merit: 10
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July 23, 2019, 06:50:05 AM |
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The reason is simple,when you're a billionaire, you would have felt and enjoyed physical cash.
Bitcoin is virtual money and an old adage says"don't spend the money until it is in your pocket" and a bird at hand is worth a million in the bush.
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nero_monney
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Activity: 17
Merit: 0
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July 23, 2019, 01:11:38 PM |
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I don't think Warren Buffet hates bitcoin, I'm sure Warren Buffet doesn't understand bitcoin, one day he will understand the benefits of inviting bitcoin and he will be happy with bitcoin.
Agree with this statement. Misunderstanding doesn't mean hate. |
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