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File: 79 KB, 640x997, Warren_Buffett_at_the_2015_SelectUSA_Investment_Summit_(cropped).jpg [View same] [iqdb] [saucenao] [google]
55692841 No.55692841 [Reply] [Original]

The best investor on Earth thinks Bitcoin is rat poison squared
Tell me a good reason why he's wrong

>> No.55692855

>investor who doesn't have Bitcoin doesnt like Bitcoin
>investor who owns Apple stock likes Apple stock
Gee I wonder if he owned Bitcoin he might feel differently

>> No.55692868

>>55692841
>ID
>Gay
Yes, OP is a faggot.
/thread

>> No.55692888
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55692888

It would lead into authoritarian system

Wealth in crypto-land is more concentrated than in North Korea where the inequality Gini coefficient is 0.86: the Gini coefficient for Bitcoin is an astonishing 0.88. Gini index takes values from 0 (complete decentralization of wealth) to 1 (absolute centralization).

https://www.theatlantic.com/technology/archive/2017/05/blockchain-of-command/528543/

>> No.55692927
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55692927

>>55692841
>Dinosaur jew with parents who had fuck you money and can manipulate the market says new uncontrollable investments are stupid

>> No.55692929
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55692929

>>55692841
He's an old fart that needs to sit down and drink his motherfucking Metamucil. OUTTA MY WAY GRANDPA FUCKING SHITS.

>> No.55692938
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55692938

>>55692841
>The best investor on Earth

>> No.55692945

>>55692841
Buffet has famously said you should never invest in things you don't understand. So by that measure he is unqualified to make definitive statements on Bitcoin.

>> No.55692968

>>55692888
How's that index when you consider a ton of those bitcoins haven't moved in years and are probably Lost? Retard

>> No.55693655

>>55692841
He said that four years ago and the rat poison is still going

>> No.55693665

>>55692841
It's not that he's right or wrong, he's a globalist liar and he gives his 'advice' based on how he can keep you in his Berkshire cage, for his own interest. Ignore him completely.

PLUS, considering that buffet did NOT recommend bitcoin publicly in 2010, literally anything he said after that should be considered useless.

>> No.55693668
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55693668

>>55692888
Nice gits, this is also completely true.

But I’m making money so…