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Started By
Message

Warren Buffett absolutely demolishes Bitcoin.
Posted on 3/6/24 at 5:04 pm
Posted on 3/6/24 at 5:04 pm
CNBC Warren Buffett
What an excellent, clear, concise takedown!
I'm convinced.
What an excellent, clear, concise takedown!

I'm convinced.
This post was edited on 3/6/24 at 5:12 pm
Posted on 3/6/24 at 5:05 pm to Ghost of Colby
Or knows 3-4 people holding 97%
Posted on 3/6/24 at 5:05 pm to The Baker
quote:
122,109 views Apr 12, 2023
BTC currently at all times highs, why post this now?
Posted on 3/6/24 at 5:06 pm to The Baker
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
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 on 3/6/24 at 5:07 pm to The Baker
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 on 3/6/24 at 5:08 pm to hubertcumberdale
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 on 3/6/24 at 5:09 pm to The Baker
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.
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 on 3/6/24 at 5:09 pm to The Baker
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 on 3/6/24 at 5:10 pm to medium rare
quote:
can't track your purchases
Bitcoin can be tracked easier than cash.
Posted on 3/6/24 at 5:11 pm to go ta hell ole miss
Cold hard cash is good to save every paycheck. Just a smidge
Posted on 3/6/24 at 5:12 pm to The Baker
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 on 3/6/24 at 5:12 pm to medium rare
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 on 3/6/24 at 5:12 pm to The Baker
quote:
What an excellent, clear, concise takedown!
Sounded like a rambling 90 yr old
Posted on 3/6/24 at 5:13 pm to The Baker
quote:
I guess no one watched the video. He comes across like a bumbling idiot.
He's 93 years old, genius.

Posted on 3/6/24 at 5:15 pm to Day Wisher
quote:
He's 93 years old, genius.
Yes. That's why im not following his advice.
Posted on 3/6/24 at 5:18 pm to go ta hell ole miss
quote:
Bitcoin can be tracked easier than cash
No
Posted on 3/6/24 at 5:20 pm to The Baker
I think it will find its place in the metaverse as currency along with ethereum (sp?)
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