By the way, he bought Nubank lol 😹 there are some people who buy bitcoin there
Cripto trader
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🚨 What do you think about this statement?
Warren Buffett, one of the most renowned investors in the world, has consistently expressed skepticism regarding Bitcoin and other cryptocurrencies. His statements reflect an investment philosophy focused on assets that generate intrinsic value. Here are some key points of his opinions: * Lack of Intrinsic Value: * Buffett argues that Bitcoin produces nothing. He compares it to a "gambling token" and claims it has no intrinsic value. * He questions what can be done with Bitcoin, as it does not generate profits, dividends, or any other cash flows. * Comparison with Productive Assets: * Buffett prefers to invest in companies that produce goods or services, or in assets like agricultural land that produce food. * He emphasizes the importance of investing in assets that generate tangible value and cash flow. * Risks and Speculation: * Buffett sees Bitcoin as a highly speculative asset, comparing it to a game of chance. * He expresses concern about the volatility of the cryptocurrency market and the risks associated with this type of investment. * Criticism of the Nature of Bitcoin: * In his statements, Buffett has even said he would not buy all the Bitcoin in the world for 25 dollars, as he would not know what to do with such an asset. * He has also expressed concern that Bitcoin could undermine the federal reserve system. In summary, Warren Buffett adopts a conservative stance towards Bitcoin, emphasizing the importance of intrinsic value and asset production in his investments.
Bitcoin falls: buying opportunity or warning sign for the investor? Close to the 70 thousand mark, we are seeing a decline in Bitcoin. How are investors reacting? The largest cryptocurrency by market capitalization may recover and reach its peak again, or will it continue to fall? Doubts this March ⛏️⛏️📉 $BTC
#USCryptoReserve New York $BTC President Donald Trump established a Strategic Bitcoin Reserve through an executive order, according to an X post by David Sacks, the White House czar for AI and cryptocurrency.
Trump had posted on social media on Sunday that he would direct the government to stockpile bitcoin, ethereum and three other tokens, which prompted backlash from the crypto industry.
Sacks said the reserve would be “capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings.” He said this would ensure the reserve could not carry a cost for taxpayers.
$BTC semana passada BTC em 99mil, tive um sonho que via um gráfico que btc valia 70mil e hoje estou vendo que foi um aviso, sou minerador e vendi todos que tinha a 99 mil😅👽 🙇🏻♂️