Bitcoin and slot machines, all the same – We no longer present warren buffett and his investment company Berkshire Hathaway. But for those who have recently joined us in the cryptosphere, know that there hated Cordially Bitcoin (BTC) and cryptocurrencies. This at least as much ashe likes to insult them regularly. Rebelote therefore, since Warren Buffett now treats investment in the king of cryptos from ” game of chance “.
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Bitcoin: a simple casino game for lovers of chance?
Warren Buffett didn’t want to invest in the internet revolution 25 years ago, because he didn’t want to not invest in what he ” did not understand “. So imagine for the new technological, economic, social and financial revolution of Bitcoin and its ilk.
However, since now at least 10 years of Warren Buffet bashing Bitcoin (2014), he would have had plenty of time to learn why this is an incredible advance, monetary already, but in many other respects as well. But no ! During a interview from CBNC’s Squawk Box show, published on April 12, 2023, the one nicknamed the Oracle of Omaha has a umpteenth time tackled Bitcoin :
“(…) Something like bitcoin, you know, it’s like a gambling token (gambling). It has no intrinsic value. (…) I mean it has no value. But that doesn’t stop people from wanting to play roulette. »
Rest assured ! Bitcoin will not be the last sector in which the founder of Berkshire Hathaway will not investas he also stated that he ” did not understand “ neither artificial intelligence (AI) and ChatGPT. In the meantime, the “mirage” Bitcoin – as Warren Buffett denigrated it in March 2014 – is still around and doing well. And the king of cryptos has incidentally since passed from a valuation from $630 per BTC to now $30,200 during the day (approx. +4,800% in 10 years, with a ladle). But above all ” stay away “, as he said at the time. One hell of a piece of advice!
To sleep with peace of mind, equip yourself with a secure hardware wallet. Ledger, offers you up to $30 in BTC for the purchase of a Nano key. Your security is priceless (commercial link).