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