Quote from: olubams on May 15, 2018, 06:00:31 AM

Quote from: EditorK on May 04, 2018, 02:17:42 AM

To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
Warren’s strategy is to have an adequate but consistent return over a long period of time.
The key is that he knows he will be rich someday, but he is not in a hurry.
In cryptocurrency world, it is not possible to make a position and forget it for x number of years. Hence, it does not fit Warren’s style.
So what is your opinion?

Is this really about Warren or someone else because the bold part is sure not referring to him. Warren is already rich and he does not need even need to do any more investment in life for him live through life. The return of his percentage holding in cocacola is enough if he wants above a moderate life. There is no perfect reason as to why Warren chose to or not invest in bitcoin only him can give the explanation to that. Its really difficult for someone who has known a particular working way for him all his life to then change overnight.

LOL, yeah it has nothing to do with becoming rich. but it has everything to do with storing your money safely some place where nobody can touch.
even rich people (millionaires and billionaires) fear their future and they are concerned with where they "park their money". many of them have been keeping their eyes on bitcoin and have been seeing it as a viable option to store their money. and when you have millions to invest you don't want the price to go up and you certainly don't want anyone to know you are investing in it, that defeats the whole purpose of it if they knew.