Hello guys, I hope everyone is well...
I have decided to wait until the search in the markets finds a direction, but my ideas can change at any time. By the way, I try to read crypto world and economy news. And one piece of news caught my eye, featuring the words of famous billionaire Warren Buffet.
In his comment on Bitcoin, Buffet says that even if you ask for $25 for all the bitcoins in the world, he cannot give them, and he attributes this to the fact that bitcoin is not productive. How do you think this statement can be explained?
My own interpretation is that it's a very selfish statement. Yes, bitcoin may not be productive, but from a physical point of view, it seems so. So, if we think about what it produces, what might be the result?
Of course, the awareness it provides on the way to financial freedom. People are now aware that reserve currencies enslave them and see crypto assets as a way out to avoid this. Maybe not, but realizing that this is a start time, Buffet confronts the fear of losing the power and dominance that money gives him.
Yes, Warren Buffet has many guiding words and explanations in the field of economy and investment, but here I would like to say my own words " It would be a big mistake to think that the successes of the past will play a role in the future "...
I wish everyone a happy day and good luck...
This article was originally published on the KuCoin S platform.
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