Warren Buffett just called Bitcoin gambling. The same Warren Buffett who missed Google, Amazon, and Apple early.
Respect the legend.
But read the track record.
Buffett has spent 50 years warning about things he didn't understand.
Technology. The internet. Mobile. Cloud.
Every single time
the thing he called dangerous made generational wealth for everyone who ignored him.
This time he's pointing at three things.
Bitcoin. Memecoins. Prediction markets.
One of these is not like the others.
Memecoins? Fair criticism.
Prediction markets? Debatable.
Bitcoin? A fixed-supply, decentralized, sovereign-resistant asset held by nation states, pension funds, and central banks?
That's not a slot machine, Warren.
Here's the quiet irony nobody's saying
The same week a $140B Canadian pension fund bought $172M of Bitcoin through Strategy
Buffett called it gambling.
One of them is managing other people's retirement money.
Both think they're being responsible.
"Closer to gambling" is doing a lot of work in that sentence.
The S&P 500 sees billions in 0DTE options daily.
Retail traders levered 100x on meme stocks.
But Bitcoin the asset with a hard cap and a 15-year track record is the problem?
Buffett is 94 years old.
He built his empire in an era of paper, patience, and compounding dividends.
That world still exists.
But a new one was built beside it
and he never bought a ticket.
The people who listened to Buffett on tech in 1999 are still waiting to be proven right.
The people who ignored him on Amazon are retired.
History doesn't repeat.
But it rhymes loud enough to hear from Omaha.
👀
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