Warren Buffet recently made a strong declaration that he wouldn't buy all of the bitcoin in the world for $25,
Even if he is dying to buy, no one will sell a piece of BTC in $25 at the current market price rate.
and it gave us a better glimpse of how he really views cryptocurrency. He went on to say that Bitcoin "doesn't multiply" and "doesn't produce anything," which is true if you think about it, except what multiplies in BTC is its value.
Or possibly cut to half? BTC is highly volatile it goes up and down but Bitcoin does produce something like rumors and speculation that is far easier to sell than any asset WB stated
. I wonder what would make Buffet change his perception of BTC.
He is already an old man, and old people always wanted to maintain their independence and sense of control[1], thus can be considered stubborn. So thinking of how to make Buffet change his perception of BTC is just a waste of time.
[1] https://www.considerable.com/life/communication/stubborn-aging-parents/