Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is not a currency?
by
Aamir1
on 12/04/2018, 14:12:10 UTC
I found a video on YouTube https://youtu.be/qTxPfxmkLIY that according to this man (Warren Buffett) said "Bitcoin doesn't meet the definition of a currency" and he said that "he would not be surprised if bitcoin is not around in 10 or 20 years".

Is he a hater of bitcoin? while other big names appreciate the bitcoin.

Your thoughts?
First, he’s very right by saying that Bitcoin is not a currency, it’s not a currency and can’t be one for any country. Bitcoin is just an asset, and I believe the main purpose is to be used as an investment just like we do with Gold. But where I don’t support him is where he said that Bitcoin won’t be around in the next 10 or 20 years, that’s a lie… I’m not in support of that. I’m very sure that Bitcoin will be around for a very long time.