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RE: Warren Buffet in 2014: "Bitcoin is a mirage, stay away from it". Today Bitcoin Price Is Sevenfold Higher
Great post!
Yes, at the time of the quote, not only did he not see why the medium for exchange should have value (he compared it to a cheque), but he did not want to understand either! I.e. 'arrogance re. ignorance' - so, even worse 😄
But apart from that bad prediction, he's still pretty cool imho hehe.
I remember another Nobel prize economy winner, who, in 1995, said Internet is a bubble. You can't have them all right. But yes, he's doing pretty good anyway :)
Haha....😂
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