Id like to know what he thinks of gold then and if that differs from his opinion over Bitcoin, why that is.
I think he needs to be educated a little more about the underlying technology behind Bitcoin and about Bitcoin itself if he thinks it just stands for a form of transferring money anonymously.
I wouldnt be surprised if one of his many companies have investments in Bitcoin either. He may be one of the most successful businessman the world has seen but I think hes a bit mistaken on this front.
http://commodityhq.com/education/top-seven-warren-buffett-quotes-on-gold-investing/Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.
Now honestly, you want to educate a 87 yo man to be prepared for a technology he is going to enjoy...a few years at max?
Mr. Buffet is a successful investor, but he lives in Paper Money era and Cryptocurrency is the future.
Mr. Buffet will invest in Blockchain and Cryptocurrencies just like Mark Cuban or Jamie Dimon of JPMorgan.
Yeah , mainly because he has spent almost a century living in this era?
I really doubt it. He has a way of investing only in things he understands how they work.
Probably it's too late for him