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RE: Idiots on TV: Warren Buffet vs Bitcoin and why he is wrong!

in #bitcoin6 years ago

Lots of people give way too many credit to Buffet. they don't even realize that Buffet became a billionaire very late into his life. Compound returns and luck helped him a lot and let's not forget that he is also onto the crony side of things too. We are talking about a man who didn't invest in tech industry because he didn't understand it (fair reason) and then went onto invest in Apple after most of its gains and market expansion was nearing an end.

At least the scammer Jordan Belfort had better understanding that Buffet. Belfort made his comments being ignorant of pretty much anything except Bitcoin and he is wrong as much as he is right.

Bitcoin is a relic that belong in a museum. There is no real governance. here is the latest mess: https://www.dashforcenews.com/upcoming-bitcoin-cash-hard-fork-threatens-hash-war But great projects on the other hand can grow massively.