Quote from: Oshosondy on October 28, 2020, 08:07:22 PM

Quote from: Emma Theo on October 28, 2020, 04:55:12 PM

Warren Buffet on an interview with CNBC said that Bitcoin and other cyrpto currency have no value,he said they don't produce anything "you don't do anything with it except sell it to someone else" he said is just Bitcoin will just reduce the demand of suitcase.
Seeing these statement I had to bring it up in Bitcoin discussion ,but at the same time every one has his entitlement or point of view..

It will be good if you add the link you read all these from, but normally we all know that Warren Buffet is a bitcoin and crypto critic generally, and his points are baseless, how can someone says bitcoin has no value, but can be sold, can something that has no value be sold? That two statements are contradictory. I think, people have different opinions, there are rich people that also like bitcoin like Bill Gates, so we can not think in the same way, but it is clear that Warren Buffet is completely saying what is not right, he is just completely wrong about what bitcoin is.

Have not seen Bill gate shown interest in bitcoin and I feel he kept quiet on it because Warren Buffet is his friend. At a point we should realize we dont need everyone in cryptocurrency and even some approval to excel, Bakkt did not give that significant effect we expect because it was in the bear. Such influence wont return bitcoin price to ATH tomorrow. Since his meeting with Justin and his response that express his ignorance, i have always neglect him on bitcoin topic. At 85, he has lesser years to spend than he has spent, the financial technology is for the younger generation.