re: So Warren Buffet sees no future in bitcoin...

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Why would anyone be threatened by a commodity with a total market value of approximately $1.2billion? That is just plain silly.

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Even if Warren were considering bitcoin, he wouldn't publicly volunteer that information in any event

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Exactly....I am kinda shocked wi the question about it's value.

Geez!....let me explain very simply. Buffet sits there all day and analyzes the dollars value against other currencies in the world and makes adjustments when needed on his positions that are directly related to currency values. So, if a new type of currency comes along and starts to gain traction, he will pay attention to it because whatever value it holds is a direct threat to his positions in currencies that would be effected LONG term by the advance in value of another currency...at some point if Bitcoins become more relevant, they will take a position in them to protect any loses from positions in other currencies.

Financial experts out there, is this a fair assessment.

And the mere fact that his team is able to deny being threatened by Bitcoins at this time, should tell you immediately they have and are keeping on eye on it.