Re:Buffett bashes Bitcoin as nonproductive, thriving on myst...
by gfo on Monday May 07, 2018 @11:35AM
(#17013544)
> It is not unreasonable to argue that fiat currencies around the world are not stable because of inflationary monetary policies.
If you're comparing the stability of the major currencies to Bitcoin you really need to look at the price charts for any digital currency.
> Buffet always holds billions in cash which is constantly depreciating in value.
Buffett is always ready to use that cash to make deals. True, they have a lot of cash, but it's not like he doesn't constantly use it to make investments.
If you're comparing the stability of the major currencies to Bitcoin you really need to look at the price charts for any digital currency.
> Buffet always holds billions in cash which is constantly depreciating in value.
Buffett is always ready to use that cash to make deals. True, they have a lot of cash, but it's not like he doesn't constantly use it to make investments.