Post
Topic
Board Economics
Re: What is with Buffett and Gates?
by
The Pharmacist
on 11/05/2018, 00:09:13 UTC
What does either of them have to gain by saying Bitcoin and other cryptos are a sham?
It is a strategy, which will, I don't know make them more richer..? Isn't it funny when Bill Gates say crap bitcoin while Microsoft is working on their own blockchain technology  Smiley
Nah, I think they believe it.  Actually I wasn't aware that Gates thought this way, but I certainly knew about Buffett--and they're both entitled to their opinion.  It makes sense that WB doesn't think bitcoin is a good investment, as he's a stock market guy and doesn't see what problems bitcoin solves.  You'd think Gates might be a little more sympathetic, being a computer guy, but whatever.

I don't believe there's any sort of conspiracy here.  I think they got asked by the media what their opinions are on crypto, and they stated what they believe.  I have great respect for both men, and their opinions don't diminish that in the least.