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Warren Buffett absolutely demolishes Bitcoin.

Posted on 3/6/24 at 5:04 pm
Posted by The Baker
This is fine.
Member since Dec 2011
16167 posts
Posted on 3/6/24 at 5:04 pm
CNBC Warren Buffett

What an excellent, clear, concise takedown!

I'm convinced.
This post was edited on 3/6/24 at 5:12 pm
Posted by Ghost of Colby
Alberta, overlooking B.C.
Member since Jan 2009
11270 posts
Posted on 3/6/24 at 5:04 pm to
He scared
Posted by jizzle6609
Houston
Member since Jul 2009
4168 posts
Posted on 3/6/24 at 5:05 pm to
Or knows 3-4 people holding 97%
Posted by hubertcumberdale
Member since Nov 2009
6515 posts
Posted on 3/6/24 at 5:05 pm to
quote:

122,109 views Apr 12, 2023


BTC currently at all times highs, why post this now?
Posted by Bugsy Siegel
Member since Mar 2024
89 posts
Posted on 3/6/24 at 5:06 pm to
Always looked at crypto like gambling...

More power to those who play and win!

I was never a gambling man...

edit: I realize my username and my above statement does not check out. Thanks
This post was edited on 3/6/24 at 5:07 pm
Posted by BK Lounge
Member since Nov 2021
3477 posts
Posted on 3/6/24 at 5:06 pm to
Ok boomer
Posted by medium rare
Member since Feb 2024
262 posts
Posted on 3/6/24 at 5:07 pm to
I love the idea of crypto because the government hates it and can't track your purchases to tell you that you are too many carbs that day etc. But honestly I don't see how it's not just a ponzi scheme
Posted by The Baker
This is fine.
Member since Dec 2011
16167 posts
Posted on 3/6/24 at 5:08 pm to
quote:

BTC currently at all times highs, why post this now?


I guess no one watched the video. He comes across like a bumbling idiot.
Posted by jizzle6609
Houston
Member since Jul 2009
4168 posts
Posted on 3/6/24 at 5:09 pm to
Also, his gripe ultimately comes down to people who shouldn’t be buying securities have easy access to buy bitcoin without knowing anything about what they are doing.

Lots of success stories but those are the only ones you’ll see in the news. They won’t talk about the folks putting their paycheck into this each week hoping for the best.

Posted by hubertcumberdale
Member since Nov 2009
6515 posts
Posted on 3/6/24 at 5:09 pm to
quote:

I guess no one watched the video. He comes across like a bumbling idiot.



all he does is mumble and equate it to gambling as if the stock market is any different
Posted by go ta hell ole miss
Member since Jan 2007
13631 posts
Posted on 3/6/24 at 5:10 pm to
quote:

can't track your purchases


Bitcoin can be tracked easier than cash.
Posted by jizzle6609
Houston
Member since Jul 2009
4168 posts
Posted on 3/6/24 at 5:11 pm to
Cold hard cash is good to save every paycheck. Just a smidge
Posted by JPLSU1981
Baton Rouge
Member since Oct 2005
26275 posts
Posted on 3/6/24 at 5:12 pm to
I personally think it will collapse at some point, and probably spectacularly. And I’m also willing to accept that I was wrong and missed out if it doesn’t. But I’m all for others making the money while they can.
Posted by Jones
Member since Oct 2005
90552 posts
Posted on 3/6/24 at 5:12 pm to
quote:


I love the idea of crypto because the government hates it and can't track your purchases


This is a pretty big myth with crypto. Very few are untraceable.

Posted by dsides
Member since Jan 2013
5370 posts
Posted on 3/6/24 at 5:12 pm to
quote:

What an excellent, clear, concise takedown!


Sounded like a rambling 90 yr old
Posted by Day Wisher
New Orleans
Member since Sep 2010
400 posts
Posted on 3/6/24 at 5:13 pm to
quote:

I guess no one watched the video. He comes across like a bumbling idiot.


He's 93 years old, genius.

Posted by medium rare
Member since Feb 2024
262 posts
Posted on 3/6/24 at 5:13 pm to
They hate both
Posted by The Baker
This is fine.
Member since Dec 2011
16167 posts
Posted on 3/6/24 at 5:15 pm to
quote:

He's 93 years old, genius.


Yes. That's why im not following his advice.
Posted by dsides
Member since Jan 2013
5370 posts
Posted on 3/6/24 at 5:18 pm to
quote:

Bitcoin can be tracked easier than cash


No
Posted by Thecoz
Member since Dec 2018
2542 posts
Posted on 3/6/24 at 5:20 pm to
I think it will find its place in the metaverse as currency along with ethereum (sp?)
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