Re: Warren Buffet does not invest in Bitcoin, why?

Quote from: bountyjunkie on December 19, 2017, 03:45:03 PM

The worlds greatest investor doesn't believe in bitcoin. What do you say?

"You cant value bitcoin because its not a value-producing asset...it's a real bubble in that sort of thing. - Warren Buffet.

Source : https://www.forbes.com/sites/johnwasik/2017/11/06/why-buffett-sees-bitcoin-bubble/#43a11fbe62a8

Warren Buffet is notorious for going after traditional industries and not investing in anything internet related because he doesn't understand it. Someone who doesn't understand the internet is unable to understand bitcoin as well.