Warren Buffett is the greatest investor of all time. In this video you will hear his opinion on Bitcoin, including the new 2021 comments! Very important to watch this regardless of your attitude to cryptocurrencies (and absolutely necessary if you own any of them!) As Charlie Munger says, “If you disagree with somebody, you want to be able to state their case better than they can.” And at that point you’ve earned the right to disagree with them.
Warren E. Buffett is an American long-term investor, philanthropist, business tycoon, and the chairman & CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth over 100 billion dollars. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth and made truly incredible stock market returns over his career.
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Warren Buffett: Why You Should NEVER Invest In Bitcoin (UNBELIEVABLE)
So investing in bitcoin is basically a game of hot potato. Eventually the timer runs out and the last guy with it has a major problem. It's not exactly a ponzi scheme, because ponzi schemes collapse on themselves with just a tiny minority of people making any sort of profit, but it's close to that. Asset itself doesn't produce anything and is basically useless.
Actual Ponzi schemes are there with NFT's. Everyone and their mom wanted their own shitcoin. Look, if in AD 2023 you still fall for an NFT scam you deserve to lose your money.
This will not age well
Don’t invest unless you are a government member taking millions from the Mexican cartels
They've all known about CBDC'd far long before we've have
“….but, I would never short it.” Why not?
Sadly this is one of the few things I agree with. It was common sense
Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, both NFT, real estate and Crypto shares are really positively changing people's lives.
Lmao and people have no idea that he's invested in a crypto exchange. Makes sense to say crypto is worthless to bring it's value down while he plans on accumulate.
I told the good friend two or three years ago that cryptocurrencies are nothing more than a speculative asset. And Warren Buffett has basically said the exact same thing. I feel Vindicated.
They lost lots of money because of people understand Bitcoin is way superior than their offers…
Stocks also don't go up in price unless new money comes in. Sounds just like crypto to me. It's called gambling. I wonder how many people invested and lost their life savings in crypto or stocks over the years. Only people that call stocks investing are the ones with the inside knowledge. So investing is just a nicer word for gambling.
what does paper dollar bill produc ? nothing. at least there is only 21m btc …
LAUGHING MY Fn AS s OFF
Yep bitcoin is a scam, it's a number on a computer, it does nothing. Worst it requires energy to exist!
This aged really well
They just don't like it because it is competition.
i want to hear more about these tulips .. 😃
Only intest in companies that people can not live without.
JUST LIKE THE US DOLLAR
Land or house do not make produce anything as well not mention about taxes but their prices getting higher!! I wonder how much money did they gave him to say these words
Bitcoin like all cryptos are virtual laudry machines like fiscal paradises at very low comisions
I'm Bogdonoff and I approve this message
you shouldn't invest in crypto, invest in stocks! so we can short it —— warren buffet said calmy
I bought bitcoin 100 usd sold half at 17k rest 40k made millions and now own loads property retired 50….you missed out Buffett so you trash it
I think bitcoin’s price would be quite stable but more crypto won’t be becoming bitcoin, and bitcoin would be like gold, it won’t be like real money because It’s not well traded or it’s not widely used. You can trade bitcoin for taking advantage of the trend but u cannot invest it in a long term
check
for every person that made money in crypto 10 more lost money.
Why are people pressurising Buffet to support the crypto scam, the man has said NO
Except that you can buy things with Bitcoin. I don't like crypto, but it's just like money. So how is it worthless?
When more and more countries ban crypto mining, thus people will not buy anymore, then it will be worthless.