So it looks like Warren Buffet is indirectly making a statement, with a very large investment in NuBank, which is a digital banking and investment company that is CLEARLY targeting millennials.
In fact, unlike your granddaddy’s dusty old bank like Bank Of America and Wells, Nubank is entirely online, offers in-app investment capabilities (akin to Robinhook) with very minimal fees. Perfect for millennials, as we HATE bank fees.
However, within the app, users can directly invest into Bitcoin ETFs, and perhaps down the road, a larger plethora of ETFs in the cryptosphere.
Of course, this isn’t a direct investment in crypto, but investing into a bank that is very CRYPTO FRIENDLY and is directly building a customer base of millennials who make up 94% of crypto buyers, I think one can easily conclude that Warren Buffet is making an indirect point here, showing a change to possibly favoring blockchain assets.
I guess I’m supposed to say this or something (common sense):
NOTHING I say is financial advice. I am not qualified in anything. I just make videos n stuff when I’m slightly tipsy/bored about stuff I like. Do your own research frens.