Warren Buffet: Bitcoin Is a 'Delusion' But Blockchain Is 'Ingenious' - CoinDesk

in dlike •  6 years ago 

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I have a deep respect for this man and the great life he made on the planet earth. It is hard for people to accept that crypto can produce value without a central authority.

 

At this point his opinion does not matter, the new generation wants a change and is happening right now!


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When you read in one sentence this two thing: bitcoin bad, blockchain good, you can know, who speak it, have no clue at all, about crypto.

If there is no currency/monetization, there are no miners for confirmation, if there is no confirmation, need a centralized service, and if you use a centralized service, there is no immutable and shared ledger blockchain...

He is a good investor, and he have a few really cool books, but as we see, he miss some important basics in the case of crypto.

Exactly the guy only invest in what he truly understand. ;)

Indeed, we should respect him...but he talks about something completely out of his generation by at least 2 :D

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This man has accomplished many things that most would never be able to replicate. ;)

Enjoy the free vote! I hope you continue to enjoy your time here in this wonderful community we call Steemit!

Thank you so much for the upvote.