Buffett does not really value bitcoin but that is not really new, if he wants to give an opinion about bitcoin then there is not much we can do about it since he is free to do so, besides his hypothetical scenario has not a single chance of happening, he cannot even buy a single bitcoin for 25 dollars let alone the whole supply, so it is obvious that he is being disingenuous and this is nothing more but an attempt to try to lower the image of bitcoin in the eyes of those which are on the fence and do not know if they should invest in bitcoin or not.
If we won't do anything about it, the image of bitcoin is going to get damaged more and many people are not going to invest on it anymore, are you sure you want that to happen? Someone that has a power should stop this guy for continuously threatening bitcoin, he always do this to bitcoin. They should also do the same for warren and that is to threaten him that if he won't stop his nonsense, something bad will happen to him.
If there is something that won't happen that would be the price of btc to hit 25 dollars. We are not in the 2016-2010 era anymore but we are now in the 2022 where btc is now in the mainstream. I think the lowest price that we can get by now is 30k something.
Maybe he do mean about $25k? not that $25. Consider that the price had plummet 26,782 in the market which is almost on that point which its just my hunch for it to be the buying point
or simply the support which these billionaires or institutional investors do really keep an eye on this thing.Its just a hunch but could be possibly some hints.
It is really that impossible for price to go back in 2 digits and its true that these arent the early days of Bitcoin.