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RE: Warren Buffett disses bitcoin, but bitcoin strikes back!

in #bitcoin6 years ago

Warren Buffet once said, “Never invest in anything you don’t understand”. I think he should add to that statement to include, “Never comment on anything you don’t understand”. He himself has admitted he doesn’t understand the tech behind bitcoin. So why is he commenting on it? The answer is simple, he’s afraid of what is going to happen to his bank investments when bitcoin goes mainstream. He’s doing everything he can to protect a dying system.
Anyway, great post...followed and resteemed.