warren buffett bitcoin

years, and so also will the portfolio's market value Buffett wrote in his 1996 letter to shareholders. Warren Buffet has in the past"d that you should invest in what you know. Its change pivx to bitcoin revolutionary blockchain technologies have shown that there are alternatives to many industries and assets, says Worsley. "We disagree with Warren Buffet that Bitcoin is a zero-sum game, says Rice. Bitcoin, which nobody knows exactly what it is, people would say, 'Well why in the world would I buy it? That's because it lacks intrinsic value, Buffett says. Marble points to the strong performance of Bitcoin vis-à-vis Berkshire Hathaway over the last three years.

Warren, buffett : Bitcoin isn't an investment



warren buffett bitcoin

Darren Marble, CEO of CrowdfundX, is one of them. That was certainly enough to stall the digital currencys recent rally toward the 10,000-mark, and sent it in the opposite direction towards the 9,000-mark. Daniel Rice, chief technology roofer geld verdienen officer of Sagewise, is another cryptocurrency expert that takes issue with. It's a perfectly satisfactory investment Buffett explains to Yahoo Finance. "If you buy something like bitcoin or some cryptocurrency, you don't have anything that is producing anything Buffett says in an interview with Yahoo Finance. While its true that Bitcoin acts differently from more traditional investments, this is not a negative in our view.

Anyone considering it should be prepared to lose their entire investment. Years from now, when the dust settles, Warren Buffett's miss on Bitcoin will be the biggest miss of his career and will make his misses on Amazon and Google look forgivable.".