Buffett's view on digital currency
there should be key settings over there
but one of the chain mining presets I know seems to press v
The answer is yes. < / EM >
① the rise of Warren Buffett 
Warren Buffett does not look at the valuation, only looks at the quarterly financial statements, and makes analysis and investment according to the quarterly financial statements. Only if the investment cycle is long enough can quarterly analysis work
Therefore, most of his investments are in instries closely related to our lives, such as banking, medicine, oil and beverage. These are traditional instries that everyone touches every day. These companies can maintain a good upward trendand digital currency is more difficult to understand than the Internet of things. Digital currency has no concept of cash flow and quarterly financial statements. It can only carry out basic valuation according to the comparison of similar projects, and there is no clear valuation model
based on financial statements, Warren Buffett certainly can't accept such a minimalist financial report, an incomprehensible and imprecise economic model, which may be explained only by a fraud in his eyes. In Buffett's eyes, digital currency has no intrinsic value support
Buffett's behoove is a matter of course, because the emergence of bitcoin is a bubble or a new monetary revolution. P>
last November, Buffett published in the Journal Forbes, calling bitcoin "a hundred percent bubble": "you can't determine the price of bitcoin because it can't create value... From this perspective, it is a hundred percent bubble." It doesn't make sense at all. This thing is outside the supervision and control. Neither the US Federal Reserve nor other central banks can monitor it. I don't believe it at all. I think it's going to collapse sooner or later. " In Buffett's Berkshire Hathaway company, his partner Charlie Munger has similar ideas. At the end of November last year, Munger said at University of Michigan's Ross School of business: bitcoin is a bad idea. It's a crazy bubble. It's also a bad idea! p> < / blockquote >
in short, the price of bitcoin is rising, which makes many people hot. But in the long run, there is no doubt that bitcoin will collapse
bus line: No.52 → Metro Line 2, the whole journey is about 34.3km
1. Walk about 50m from Chongcun to Chongcun station
2. Take No.52, pass 6 stops, and reach Jingu Road Station
3. Walk about 310m to Jingu Road Station
4. Take Metro Line 2, pass 21 stops, Arrive at Suzhou railway station
5. Walk about 120 meters to Suzhou railway station