"Do you go to your Great Grandfather for investment advice on new technology?!"
The greatest quote of the past several weeks...
Today Michael Saylor continued to do what Michael Saylor does...
And that's spit straight fire when it comes to anything bitcoin related.
In an interview this morning he responded to the quite from Charlie Munger saying he hated bitcoin etc...
(Source: https://twitter.com/QuintenFrancois/status/1390640773645885442)
Charlie Munger is 97 years old and a legendary investors.
However, he's 97 years old.
Saylor responded to his comments simply saying, well do you go to your great grandfather to ask for investment advice on new technology?!
It wasn't a shot at Munger per say, it was simply logic.
It's very unlikely someone of his age can fully understand the latest technologies. They made their money and often try to fit everything into that basket, if it doesn't work, they ignore it.
We've seen that with Buffett numerous times from missing Amazon, Google, and many other great tech plays.
Bitcoin will be no different.
Stay informed my friends.
-Doc
what a reply not to him but to all others who still think cryptocurrencies are just scam nothing else
Hundred percent. These guys were and are brilliant but they made their money in a very different world from today so anything they say should be seen through that lens.