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RE: Warren Buffet “Oracle Of Omaha” States Buying Bitcoin Is Not An Investment
Fiat has gotta go sorry Warren but crypto is the future what we have going on right now is an extended period of overspending and an industrialized form of slavery the stock market is overrated and the dollar isn't worth shit. Bring back a gold standard and maybe the conversation would be different but in my eyes the only solution the world has to inflation and an over reliance on banks is a decentralized form or forms of currency and that is achievable with crypto so your old ass might want to hop on board NASDAQ is trying to.
The fiat will never stop to exist as such. It can move to a digital format, but not a decentralised one, as governments need to be able to influence monetary policies.
They don't need to they want to hell people used to be able to print their own denominations. The world has made it without government interference in the monetary system now it shouldnt be like that but its obvious a fiat system doesnt work in the long run.