Buffet virtual 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
I agree with Warren Buffett's view and statement
In an interview with CNBC on Wednesday, January 10, Mr. Buffett said: "it's almost certain that digital currency will end in tragedy. I will never hold any digital currency myself. But I don't know the form of tragedy. "“ If I could buy a five-year put option on all cryptocurrencies, I'd be happy to do it, but I'll never be short at all. " In explaining why he didn't short, Buffett hinted that he didn't understand digital currency and asked, "why should I long or short something I don't understand at all?" Interestingly, one day before Buffett's remarks, Dimon, the king of Wall Street who lashed out at bitcoin and other digital currencies last year, took a big turn < / blockquote >
in a word, once bitcoin collapses, it will be a serious tragedy for many bitcoin holders, and such a moment will surely come
In an interview with Yahoo Finance in Nebraska, Buffett once again despised digital currency investment, saying that "buying bitcoin is not an investment"
According to Buffett, people usually buy two kinds of things, one is a real investment, the other is not. Bitcoin belongs to the latterBuffett believes that when buying cryptocurrency, it is not investment but speculation“ There's nothing wrong with that. If you want to gamble, someone will come tomorrow and be willing to pay more. This is a kind of gambling. It's not an investment. "
this is not the first time that Buffett has lashed out at bitcoin and the virtual money market. In January 2018, Buffett predicted that cryptocurrency would definitely have a "bad ending"< At that time, Buffett said in an interview: "I don't know when and how the bad results will happen, but what I know is that if I am asked to buy long-term put options, I will buy five-year put options for each cryptocurrency. I'll be happy to do that, but I won't invest a dime in it. "< In the end, Buffett concluded that cryptocurrency is a decent business, but what is happening will eventually become a bad ending that everyone can see
from: surging news
agree with Buffett's point of view