Warren Buffet recently made a strong declaration that he wouldn't buy all of the bitcoin in the world for $25, 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. I wonder what would make Buffet change his perception of BTC. Or maybe he's just trying to influence the crypto market for a bargain buy.
Buffett in bitcoin is annoyed by the fact that he cannot play with it, as he is used to working with the usual investment tools, and this hurts his pride, and in the eyes of his "colleagues" in capitalism does not look very good! After all, many of his "colleagues" went into the crypt a long time ago and skimmed off excellent cream! The purpose of such a derogatory, in relation to bitcoin, statement may be as an attempt at manipulation. How else ? If this asset will become so cheaper - why should an investor buy it, not sure about the future change in trend and making a profit?
