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RE: "Short suitcases!" Warren Buffet's view on Bitcoin

in #bitcoin4 years ago

If BTC was still only worth $0.01 will you still be keen in exploring its technology ? 90% of the people would not be bothered, however the remaining 10% are believers in the technology and will continue to develop on it.

Look what happen to the rise of the dot com. People went crazy at first about grabbing their own online real estate and price just bubbled up like mad...this was purely for financial gains even though many still didn't know the true potential of owning domains.

Only once developers started building really cool stuff and disrupting traditional businesses, then people start seeing value and believe in it.

I look at crypto value by the tech and not only financial gains, for big time investors, there are just too many variables which could lead them to loose financially in comparison to their other investments, so until more assurance is being brought forward to them they will continuously protect their traditional investments and not shill something which has not assured them as a good investment

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