Bitcoin Price Up 700% Since Warren Buffett Called BTC Price A Mirage
Warren Buffet had some harsh words for Bitcoin and the Bitcoin community a short time ago when Bitcoin was worth one seventh of it's current value. Ill share with you what he said and then I have some harsh words for Mr.Buffet.
"Stay away from it. It's a mirage basically. It's a method of transmitting money. It's a very effective way of transmitting money and you can do it anonymously and all that. A check is a way of transmitting money too. Are checks worth a whole lot of money? Just because they can transmit money?" Buffett said on CNBC in 2014. "I hope bitcoin becomes a better way to do it. But you can replicate it a bunch of different ways. The idea that it [bitcoin] has some huge intrinsic value is just a joke in my view."
-Warren Buffet
Mr Buffet, Bitcoin is a all you can eat cash buffet! While you have been stacking worthless fiat and dirty pennies we the Bitcoin community have been stacking the always shining Bitcoin virtual currency. Unlike your endless supply of printable fiat that loses value week to week Bitcoin has a limited supply and a unlimited demand that continues to grow every day. With respect I say this. Open your mind to the future.
-MrAlanC & The Bitcoin Community
It would be hard to stop the circulation of bitcoin and other cryptocurriences since it's way better than modern day fiat currency. I can see 15-30 percent of all cash being circulated in cryptocurriences by early 2025 .
Long live cryptocurriences 😁😁😁
great post
Mr. Buffet is a very smart man. I think he may be wrong in the case; however, people should still buy with caution so that they don't participate in FOMO and buying at crazy run ups.
Agreed. I can admit I got a little sassy in this article and that he is knowledgeable.
It alright, lol. Something tells me Warren Buffet doesn't care about BTC at all...I mean, how much more money does that man want?!