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RE: Why Warren Buffet and Charlie Munger Are Wrong About Bitcoin!

in LeoFinance3 years ago

He thinks bitcoin cannot be money because it is digital, and it is not controlled by the government.

Did he really say that? I would agree if he said Bitcoin is not money because it can't be exchanged for goods, not because it's digital.

But I think he has a point when describing what's good investment. The idea is to invest in something that will generate income, like farmlands. Bitcoin cannot do that, the only way to profit is to find a greater fool who would pay more