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RE: The success of Apple's new iPhone; Buffett against bitcoin !

in #economy7 years ago

Buffet does not understand btc, he views it as a 'thing' rather than a system. It is to replace fiat transactions. So what is the value of all fiat? Opposed to- what is the value of a single large bank that processes fiat?

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Agree. The problem that I have whit his comments is that he will not admit, that actually stock market is bubble.