Warren Baffet is wrong about bitcoin !!!

in warren •  6 years ago 


The legendary investor and executive director of "Berkshire Hathaway", Warren Buffett, has long dreamed about bitcoin (a man who sells currency, which is the result of the price) has chosen the strategy and sends letters that investors lose money in digital currencies.

It was enough to take the bitcoin rate at $ 10,000 to $ 9,000. Other cryptocurrencies have the same fate.

24-hour change of main cryptocurrencies:

It is difficult for everyone to hear the message of the baffet, some experts say that he is mistaken about bitcoin. Darren Marbell, CrowdfundX CEO, is one of them. Marbell says: "Despite the fact that Baffett has a lot of correct estimates, he is terribly mistaken about bitcoin because he does not know this technology at all. How can one who does not use it to assess Bitcoin? "

Marble compares bitcoin and Berkshire Haysaway:

"If you would like to invest in the Berkshire rallies three years ago, you would have a 30% profit and bitcoin three years ago, you would have to win more than a hundred times in a literal sense."

He adds: "After a year of storm, the mistake of Buffett will be the biggest mistake in the career of Bitcoin, and his mistakes will appear negligible with Amazon and Google."

Daniel Rice, director of mainstream techology in Sagawa, is another expert on cryptosystem who replied to the statement of the baffet:

"We do not agree with Baffett that bitcoin is a zero game. Despite the fact that Bitcoin operates in contrast to traditional investments, in our view it is not a negative event. Very often, investors forget that bitcoin is actually a technological infrastructure. "

Daniel Wolster, Chief Operating Director of LocalCoinSwap, agrees with him.

"Bitcoin has encouraged a lot of new innovation in these few years. All this is revolutionary, blocking technologies have shown that there is an alternative to many industries and assets. Money, insurance, contracts, computing capabilities and voting are now a more just and efficient bidcoin and blockchein merit, "he said.

"Warren Buffett says it's better to invest in what you know." That's the advice that is worth considering! "

source: https://goo.gl/AuDh5V

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