Warren Buffett is the greatest investor of all time. In this video you will hear his opinion on Bitcoin, including the new 2021 comments! Very important to watch this regardless of your attitude to cryptocurrencies (and absolutely necessary if you own any of them!) As Charlie Munger says, “If you disagree with somebody, you want to be able to state their case better than they can.” And at that point you’ve earned the right to disagree with them.
Warren E. Buffett is an American long-term investor, philanthropist, business tycoon, and the chairman & CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth over 100 billion dollars. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth and made truly incredible stock market returns over his career.
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Warren Buffett: Why You Should NEVER Invest In Bitcoin (UNBELIEVABLE)
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47 Comments
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Is there an honest and nice person who knows about cryptocurrency to help me whether I should invest in? I've got my first $1000 and I want to invest. Should I buy stocks or coins?
Focus on the big picture. In the past, markets have bounced back regardless of how deep or how long the downturn was. Historically most of the market's best days have come during these periods and that's why you shouldn't panic. I'm a long-term investor and "Auto-DCA" irrespective of price and chills
All investments are terrible ! Just focus on your own small businessess and avoid puting money in other peoples dreams !
He was wrong about Microsoft and he is wrong about Bitcoin. What do you expect from dinosaurs.
Im sure he is buying it right now.
Poke’ Mon. Gotta catch em all!🤣🤣
Remember the emu& ostrich craze!!??!???
I DEFINITELY AGREE!
BUT ! I'm just an ignorant hillbilly!
If I can't see it, does it exist?
with Bitcoin it is even much worse, because real value (Energy) is spent on producing this imaginary asset. If we had no problem with global warming, i would say go for it, but being where we are right now, it is adding more drops to an already full bucket.
but i think his view on non-productive assets is somewhat too limited. For gold as a pure investment (coins), i would agree with him, but gold also has quite a few commercial applications (cell phones) that will also factor into its' value. So unless there is a massive shift in technology, gold will still retain part of its' value, even if we all cease to use it to store wealth.
Dude… .. I don't trust no one, especially
This reminds me of the muppet show. However I agree with them when it comes to BIT COIN
Sort of like a pyramid scheme?
I mean people became millionaires dumping their life savings on Dogecoin and SHIB and they have even less use than BTC.
Crypto "currency" always stinked to me since day one and when I criticized buying a lot of gpus for mining some people went ballistic on me. It violated some basic principals about economy. Just imagine the dollar being unstable as crypto "currencies" are.
NO ONE WITH THAT MUCH MONEY IS WITHOUT SIN.
This is the view I'd formed about it. Bitcoin and the others are "the contents of the empty bag"
In the long run, all crypto will go to zero. There is no other possible outcome.
well…and what is the value of USD or EUR?
Even though I’m a crypto enthusiast, i respect his take. He is just staying consistent in his view of non producing assets like gold.
An ex-colleague convinced me into stock trading and investment as a means of making more income maybe because of the few commissions she earns bringing people. Sad i fell, My portfolio have been down ever since. Next time, i will first spend my money on myself before investing.
Lol look at Elon musk lol he's got 625000btx which is worth 12billion pounds and he's saying that it's worthless
I think maybe they're impressed like I was when I first seen him I was impressed of looking at them at the way they looked the color the gold looking color the with the I guess the B on them are whatever but you're right you do make sense when you say they're they're not worth nothing I never thought about that because I thought that was the way to go but I mean I wasn't going to go that way because I couldn't but after I listen to y'all I see that they don't go nowhere they just sat there so you make a lot of sense in that matter so cuz I had talked to my grandson about him he says I don't know nothing about him he says I've got my money somewhere else so that just kind of shut me down so but I understand what you're saying now
Be warned crypto is a scammed. I predict that there going be a devil leader and will destroy the world. The truth will reveal soon.
Why Did You Buy Millions Of Dollars Worth Of BTC Then . Do You Feel Like The USD Is Crashing Due To Over Printing ?
if u cant hold it in your hands, then its worthless, basically!
Despite the dip in crypto, I still thank you for the level-headed financial advice. I started forex and crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio. Thanks so much Mrs Lisa O'brien
Claiming to destroy BTC utilizing the magnitude of economic power could be considered market manipulation. But then, I’m just a little guy living on my couch trying to put $50 into something that could help my family.
Despite the fluctuation in the market today, Bitcoin is a good business anyone can think of doing. It really taught a lot of people the importance of multiple stream of income during the world global pandemic lockdown.
Problem that I find with cryptocurrency is that who dictates the currency for a country? The government do. You can't spend Filipino dollars in america. So if the government decides to ban crypto and you are screwed. Also another problem is money in itself it's something everyone agrees upon as acceptable trade. Money itself is valueless. It only has value because everyone agrees it has value. So crypto will never have value until everyone agrees for it to have value. Unfortunately I'm not going to take my chances on hoping for that to happen.
This video was made years ago. And we are in July 22. I think he predicted correct. You can't really ignore probe the most influential invester. In the world
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Here's the difference between gold and bitcoin. Gold is required to make the CPUs over which Bitcoin runs. Think about that in the long run, and you can imagine what is the more scarce and valuable asset.
Even though I greatly respect Warren B, I don't agree with his views on Bitcoin. What he is saying is true that bitcoin does not produce anything and has no unique value at all but then I think the same could be said for the USD. The only difference here is that the USD is regulated and stable. Bitcoin is volatile for the very reason it is still unregulated but nonetheless a currency that can be traded just like any other..
🔝🔝this team are such a light. thank you for brightening my veiw when all i could see was darkness you're such a special Angeles sent to me and I'm so incredibly lucky to call you my friend.thank for 2BTC.
🔝🔝this team are such a light. thank you for brightening my veiw when all i could see was darkness you're such a special Angeles sent to me and I'm so incredibly lucky to call you my friend.thank for 2BTC.
Bitcoin is economic system. I bet Warren is wrong in this case. Bitcoin will change the future, and the highest asset class is trust. Bitcoin produce trust, and you can't see the product directly.
He knows alot about some things, but he doesnt know it all huh.
I don't believe it took me this long to figure this shit out. Here is exactly why Bitcoin or cryptocurrencies will never hold stock anywhere. The government will never accept them to pay your taxes because the government has no control over their value. We can end this discussion now.
Oh shit, I hope I just didn't cause some sort of crypto bank run. 🤣🤣🤣🤣
Fuck buffet these dinos don't one anyone but them to make money
I truly respect this team who stay strong during hard times. Even when they have every reason to break down.for help me on my Bitcoins account I also appreciate your effort so much Sir… for getting 5.9 BTc during the lockdown period of time…. I got enough money to say indoor at this period,
I'm new to cryptocurrency and don't understand how it really works. Can someone show me the right approach to investing and making good profits from cryptocurrency investments
Someone might wanna tell Buffett what proof of stake is
Basically, Warren says, Bitcoin is just as bad as any nonproductive asset, including gold.
He also admitted he does not know “ anything about this asset”.