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.
Of course bitcoin investment in general is not a gambling but honestly if there are some newbies who don't know about bitcoin and how it's market works then those newbies start to do day trading then I think it is a gambling. Hold bitcoin for long term is not a gambling because the price will rise but day trading that done by newbies who don't have skill then it is what I call gambling.