Legendary investor Warren Buffett has made a striking statement about Bitcoin, suggesting he wouldn't acquire 21 million BTC even if the price dropped to just $25 per coin. His reasoning centers on a fundamental critique of cryptocurrency's utility—he contends that Bitcoin's main contribution has been popularizing the concept of crypto itself, rather than serving as a meaningful enhancement to the existing financial infrastructure.
This perspective highlights the ongoing debate within investment circles about digital assets' intrinsic value and real-world functionality. While traditional finance figures maintain skepticism, the crypto community continues exploring alternative use cases and value propositions. Altcoins like XRP, meanwhile, champion different technological approaches and purposes than Bitcoin, positioning themselves as solutions for specific financial challenges in cross-border transactions and settlement efficiency.
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SlowLearnerWang
· 01-21 00:33
Oh no, how come I only saw Buffett's words now... If I had known earlier, I wouldn't have been so conflicted about whether Bitcoin has value or not. They don't even care about it at all.
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MelonField
· 01-20 15:37
Only blaming others when you can't sell, haha
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SneakyFlashloan
· 01-20 10:27
Buffett's way of speaking has been the same for so many years... But he really dares to say that it's a piece, right here.
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BearMarketGardener
· 01-18 22:01
Old Ba is here again badmouthing the crypto circle, always using the same rhetoric... Honestly, it's because he hasn't participated, he's just sour.
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LiquidationWatcher
· 01-18 21:59
Buffett is still there pessimistic, really a common problem among the older generation of investors... But to be fair, nobody really believed it could rebound at $25 each.
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ConsensusBot
· 01-18 21:48
Buffett is again saying that Bitcoin is useless. This old guy really refuses to admit defeat against crypto... But on the other hand, even if it's 25 bucks each, I wouldn't buy them all. Who knows how much it might drop to.
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BlockchainRetirementHome
· 01-18 21:35
Old Ba's words are really sharp, wouldn't even take 25 bucks haha... But on the other hand, his theory has long been outdated.
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TestnetFreeloader
· 01-18 21:34
Don't even want 25 yuan, Old Ba really looks down on us.
Legendary investor Warren Buffett has made a striking statement about Bitcoin, suggesting he wouldn't acquire 21 million BTC even if the price dropped to just $25 per coin. His reasoning centers on a fundamental critique of cryptocurrency's utility—he contends that Bitcoin's main contribution has been popularizing the concept of crypto itself, rather than serving as a meaningful enhancement to the existing financial infrastructure.
This perspective highlights the ongoing debate within investment circles about digital assets' intrinsic value and real-world functionality. While traditional finance figures maintain skepticism, the crypto community continues exploring alternative use cases and value propositions. Altcoins like XRP, meanwhile, champion different technological approaches and purposes than Bitcoin, positioning themselves as solutions for specific financial challenges in cross-border transactions and settlement efficiency.