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

Posted on 5/14/13 at 11:19 am to
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 5/14/13 at 11:19 am to
Why would anyone be threatened by a commodity with a total market value of approximately $1.2billion? That is just plain silly.
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 5/14/13 at 11:25 am to
quote:

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


Because they have vision, something most of you bitcoin haters lack.
Posted by gizmoflak
Member since May 2007
11684 posts
Posted on 5/14/13 at 11:25 am to
quote:

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


present value, yes

potential future value -- that's another issue.


Even if Warren were considering bitcoin, he wouldn't publicly volunteer that information in any event
Posted by Broke
AKA Buttercup
Member since Sep 2006
65142 posts
Posted on 5/14/13 at 11:29 am to
quote:

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


1% of the global GDP.
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