Warren Buffett: Bitcoin is ONLY Used illegally

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Warren Buffett: Bitcoin is ONLY Used illegally

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Wrong Warren. USD has long been the preferred currency of criminals. Blockchain transactions are open for anyone to see.

danpinsonsax

To understand Buffett’s point you have to understand his style of investment.
He also don’t like Gold and this have to do with view of investing.

makra

Again, I love Warren Buffett but the idea that it is only been used for illegal things is wrong. I wonder the original date of this video because it seems extremely out of date. The cryptocurrency exchange market is growing dramatically and it will soon make up a large percentage of the world’s transactions.

frederickfrost

Warren malding he didn’t buy in early 😂

MM-hnig

In his opening statement he said something he probably wished he hadn't. BITCOIN HAS BEEN AROUND FOR A LONG TIME ! He should have finished his thought by also saying ITS NOT GOING ANYWHERE ANYTIME SOON 🙄.

jjthor

I disagree with him about bitcoin, but come on, people, don't insult him. He is a talented, disciplined investor who has made his money with hard and smart work. Show respect. I understand why he doesn't see value in bitcoin as a currency, but it has proven steady as a commodity, and it will likely continue to evolve. It's here to stay.

ALargin

Warren doesn’t understand the implications of blockchain.

MM-hnig

It's like asking your 100 yr old grandaddy about tech

aldm

Well him and his friends definitely know a thing or two about illegal activities

Pursuit

Stocks like he doesn't want the overall stock market cap to drop

Mike-igcb

I mean... he's not wrong. Those who decide to get into crypto should know that before deciding.

tonioene

Just understand that there are many paths up the same mountain. Find your interest or niche and study it so that you can make the appropriate moves. But two things high risk doesn't mean high reward and we are currently in am extremely speculative market so be careful and don't over extend if you can't afford to.

bleedingkansas