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Millionaires who do not faith Bitcoin, how right they may be

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Written by   479
2 months ago

For many, cryptocurrencies have been the best for the digital and economic world, besides bringing benefits for any company and wealth for its leaders who rely on the investment and use of these as a form of payment or participating in the mining of these, but just as there are people who invest and use cryptocurrencies there are others who do not feel confident or detest in its entirety digital currencies, they believe they are volatile and a waste of time and money, is it true what these millionaires say?

According to Warren Buffett who is a billionaire investor and businessman says that bitcoin or digital currencies are more than pure artificial gold that has no value, although the development of the blockchain is important but bitcoin has no value does not produce anything or do anything is just an illusion. Clear statements from one of the most important investors in the world, but will he be right?

Another of the tycoons eh even was president of the United States Donald Trump is another of the billionaires who does not trust cryptocurrencies and at all is a fan of bitcoin, since according to these have a volatile value based on air in addition to the cryptocurrencies are direct competition of the US dollar which displeases him in its entirety will seek to protect the sovereignty of the US dollar to this scam.

Other statements were that he must defend the US dollar and not let a stagnant financial system move forward but take advantage of the overwhelming benefits that crypto and blockchain technologies have.

And it is more than clear that both Warren and Trump think the same about blockchain technology and it is that it has been quite an invention as it brings a lot of benefits to the world economy but according to them such an invention is wasted using currencies full of only illusion and failure.

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Written by   479
2 months ago
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Comments

There are many advantages of bitcoin over fiat money what will happen in the future if all the fiat money is digital?

$ 0.00
1 month ago

Never trust, always verify! If you "trust" bitcoin then you miss the whole point of its existence, bitcoin was created because we were stupid enough to trust in bank managers. Trusting always includes authority because you obey to someone else opinion. That can and in most cases will fail as humans change their opinions and everything is always changing, growing, learning. So you might trust into someone but that someone might get into a situation that makes him abuse that trust by lieng to you. Often with "good" intentions. So that trust thing is just useless, trusting is for these who are too lazy to verify, that can work out, but often doesnt. Often when people get "disappointed" they wont take their responsibility which is that they trusted. They often blame the other party for "failing" but failure is just human. Then in extreme cases people start hating and fighting for that crap and it all started because we were too lazy to verify 🦧

$ 0.05
2 months ago

Thanks for your help and correction

$ 0.10
2 months ago

I refined my statement!

$ 0.00
2 months ago

Most of the time, I'm left to ponder over why most super men and super countries of the world would want to reject bitcoin, while most also see it as a mere illusion. Hmmmn!..that's very serious

$ 0.00
2 months ago

Remember that the richest men in the world are connected in a society of world domination... we Bitcoin users are free.

$ 0.00
2 months ago

I think you're very correct

$ 0.00
2 months ago

For the sake of a lot of small time crypto investors, i hope they are wrong

$ 0.00
2 months ago

Now there are millions of us, and they no longer have so much influence.

$ 0.00
2 months ago

cryptocurrencies have been chose

$ 0.00
2 months ago