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.
You often hear sentiments like this from investors like him who is heavily invested into stock market and you often hear things like this when the market is in a blood bath. Did any so-called experts said negative things when Bitcoin is at its peak? I don't think so.There is nothing new into these kind of perceptions especially from an investor like him. With regards to his perception to Bitcoin, I don't think there is any way for him to change his perception or unless Bitcoin go to $100,000. He might also be doing what the others are doing since he is an influential man, he will say negative things towards Bitcoin but he is buying it at a lower price silently
. We won't know but he might doing it. In the end, he can say things with Bitcoin either negative or positive and lets just ignore it I guess.