https://ihodl.com/topnews/2019-05-05/warren-buffett-claims-bitcoin-gambling-device/According to the sources Warren Buffet apparently thinks of Bitcoin as a gambling device.
What do you guys think ?
Is this true or something that is disrespectful for our community.
I would say my answer is somewhere in the middle , we are unaware of the fact so as what it might be in the future , in the past 10 minutes but we still hold onto this thing because of hope.
I would rather compare it to share market , rather than a gambling device.
People invest in bitcoin with the hope that they will sell when its price grow higher. Platforms like bitmex are used where people short and long bitcoins to gain profit. The main purpose of Investing in Bitcoin is not gambling, its the usage which makes it look like a gambling activity.