Warren Buffet says Bitcoin is Evil
Disclaimer: This article may seems like I am making fun of Mr. Warren Buffet and mocking him and that is because I am, I don't respect him.
Just a boomer saying boomer things because he's a boomer.
Yes, the second "t" in his last name is missing
Why...? Because he can take it up h... or I just forgot.
My response to Mr. Buffett's statement
Who is exactly going to sell you BTC for $25 πππππππππ
What Mr. Buffett has failed to grasp is that him buying or not buying of a particular asset and/or currency has no significant to the free market at large.
It is true that a long time ago he had an large volume in the market because of which he could have made some penny stocks rise or fall because of the market volume.
But this isn't the centralized era anymore...
Now it isn't possible for this aging investors to act on insider information from his Congressman father.
Warren Buffett isn't rag to riches
Many of you believe Warren Buffett to be some genius who worked his way out to poverty, a true American Dream.
Sadly that's all fiction.
Credit, where credit is due: Mr Buffett is smart in certain ways as he did funnel all that money around.
But, he father (Howard Buffett) was a Congressman and a businessman
So Mr. Buffett already had the money to invest and living comfortably, further more his father's connection had brought to him opportunities and information to act on for his investments.
Now I am not saying he is without virtue
He has made all the wealth even if with a lot of advantages that aren't available to a regular everyday American but a simpleton wouldn't have been able to grow his inheritance like he did.
Still I would say Mr. Buffett is from a bygone era that wouldn't understand or grasp the future that we are heading towards.
Oh, I really thought he is from rags to riches. Well, he is a good businessman.