“Bitcoin is a gambling device”—Warren Buffett “Amazon, I didn't understand the power of the model, the price always seemed to more than reflect the power of the model. It's one I missed big time"—Warren Buffett I love Warren but he is wrong sometimes.http://video.foxbusiness.com/v/6032947423001/ …
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Just so we critique Warren for the right thing , ‘He is only commenting on the ‘investibility’ of Bitcoin and not its technical merits or what it can potentially do. We have to ask him on his viewpoints on the latter. The former point is a good one to debate.
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Investibility and technical merits are one in the same thing. And that is what Warren doesn't understand about technology investing.
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