Warren Buffett Is Definitely Not the Dumbest Person on Wall Street

Just because the Oracle of Omaha isn't going all in on bitcoin doesn't mean he's a bad investor. Maybe his critics should take a page from his book and do a little research.

[AlphaMarketsNinjas]

I personally believe in cryptocurrency (and other tech bets) and I do think tech is a bit of a blind spot for Warren Buffett - he was investing in IBM when Apple was at peak Steve Jobs era innovation. That said, there isn't a smarter, more wise and also more humble man on the planet than Warren Buffett. The fan boys need to lean in and listen to what he has to say. Even if they don't agree with him, he has earned everyone's respect!

[SawSaw-ulxu]

Warren and I agree on this. When I saw the price jump, I was less wanting to purchase. There's no reason for it not to crash, either. There are other cryptocurrencies coming out constantly, and they are associated more with activities whereas bitcoin is general purpose. Meaning that bitcoin has less reason to attract people other than those who are simply greedy, and the greedy are always punished -- unlike Warren Buffet who isn't greedy despite sitting on piles of wealth. He should be circulating his money however... No person should be sitting on more than a billion dollars as it is harmful to poor people who need the money flowing around so that they can live.