Warren Buffett Doesn&#x27;t Like Bitcoin - Does That Matter? ft Cedric Dahl

draffanahmed (42) · 7 years ago

Warren Buffet is a great investor and knows a lot of things but you know what he doesn’t know everything.

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3 votes

mindtrap (74) · 7 years ago

I ll agree with you @louisthomas
When someone doesn’t know much about technology or the crypto world it is best for him to stay away

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3 votes

longming (52) · 7 years ago

some people are not interested in BTC. but. i prefer investment in btc than i invest in bank.

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3 votes

anikearn (65) · 7 years ago

I agree with you

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bearmaster (47) · 7 years ago

Louis, Warren Buffet is a person who does not know how blockchain works, how the btc are generated and the economic support that carries all this and it is normal to be afraid and not see future on cryptocorrency or just do not like it.
We just have to follow our north and continue investing in a safe way, by the way super great your video.

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mara0507 (43) · 7 years ago

You're right sometimes we have to stay quite and listen to others, we are learning day by day.

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bitcointravel (52) · 7 years ago

He dosen`t need portfolio with high risk because he got a lot to loose

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hashcash (63) · 7 years ago

I promise you that as soon as he gets to know about, he would buy a few :-)

Although my problem is that later he mentions that - 'it's all going to end badly'. Again I also understand Cedric that there is so much mania that veteran like Buffet feel it and we would do well to listen and yet stck to our guns.

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alejandr0 (47) · 7 years ago (edited)

I saw an interview where he regret not having invested on google or amazon, he may be wrong again, as you guys said, he does not invest in anything he doesn't understand and at this point I don't think he needs it.

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elitewizard407 (41) · 7 years ago

Even though he doesn't support crypto I will still take some of his advice

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markkujantunen (74) · 7 years ago (edited)

Warren Buffet has said many times over that he never invests in anything he does not understand. He has also said he refrains from saying anything about things he does not understand. Yet people have pestered him into say something about Bitcoin and it seems that he has caved in and stated something along the lines of it being an overvalued payment system.

I think people should leave Buffet alone. If he wants to say something about Bitcoin, he is free to do so. But I think Buffet will be content saying nothing if he's left alone.

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rollandthomas (74) · 7 years ago (edited)

Great video...Buffet represent old money. We are witnessing the greatest transfer of wealth in our lifetime...from old money to Millenials.

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markkujantunen (74) · 7 years ago (edited)

The children of the old people that now control old money are also Millenials. Millenials are going to have old money transferred to them no matter what. :)

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rhyscn (49) · 7 years ago

I am a die hard arsenal fan. Just like Wenger, Buffet's time has passed him by.

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faridk (44) · 7 years ago

Crypto will dis-intermediate many industries and insurance and financial services in general could be one of the first victims. This could explain why big players inc such industries don't like crypto.

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roselover (57) · 7 years ago

Very wonderful ideas indeed
He must do so to achieve benefit

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girlwithnojob (51) · 7 years ago

I think that bitcoin is a right place to invest your money. I love bitcoin and I agree with you @louisthomas

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karamyog (72) · 7 years ago

doesn't matter one bit. never understood anything tech related, until recently when he picked up a stake in apple. however, what i don't like is that when one doesn't know a lot about something, its best to shut up rather than call it a bubble and say it will crash, specially someone as respected and followed as buffet. for some, his word is the gospel.

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medicineforlife (47) · 7 years ago

hi @louisthomas each person on earth love cryptos
best thing in life i am sure he loves btc too
best regards

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floralisma (42) · 7 years ago (edited)

hi well i am agree with you. Some people may like others cryptos, but btc is the best actually

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todoenmusica (48) · 7 years ago

hi mr louis always doing a great job
giving good information
everybody loves bitcoin
cheers 0/

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kopo483 (41) · 7 years ago

hey buddy thanks for sharing good information on this amazing platform. You have amazing an amazing company.. keep it up

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sujonmia (2) · 7 years ago

thanks for sharing cryptocurrency..
i love botcoin..
i appreciate your valuable post...

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altafwani (49) · 7 years ago

though it would have beneficial for crypto if he had invested
but there are still alot of gems out there who trust and invest in crypto

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winchestergirl42 (48) · 7 years ago

I think it is entirely up to him , we live in a so called free world , he may have having the last laugh @louisthomas

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zioguido (39) · 7 years ago

Buffet is a nice fellow and knows a lot about insurance and traditional investments.
There is no reason to seek his opinion on cryptocurrency ( or politics for that matter.)

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heyimsnuffles (67) · 7 years ago

Go all the way back....Old White Guys discrediting and calling new technology crap never gets old

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mydayswithsound (36) · 7 years ago (edited)

I think we should completely ignore any opinion that differs from our own, especially when it comes to investment advice. Warren Buffett just had a bit of luck and managed to accidentally continuously put his money into good investments. I'll just continue with my own investment strategy, thank you very much.
buys some XVG

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adeboy1 (44) · 7 years ago

It doesn't matter, bitcoin remain at the top

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wa2qr (58) · 7 years ago

Buffett's latest remarks come three months after he called bitcoin a "real bubble," and said investors would not be able to value the world's largest cryptocurrency by market cap because bitcoin did not inherently produce value.

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