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Bitcoin Discussion
Re: Warren Buffet does not invest in Bitcoin, why?
by
best ever
on
21/12/2017, 11:08:08 UTC
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
He has too much money and maybe he sees in bitcoin his competitor or simply does not understand how to make money to buy coins. On the contrary, it is much better to invest in bitcoin than in stocks.