Warren Buffett Produces Bitcoin Miners

cryptoautonomy (46)in #crypto • 6 years ago

Source: Warren Buffett Produces Bitcoin Miners
http://www.lapresse.ca/affaires/economie/quebec/201805/05/01-5173292-cryptomonnaies-des-mines-portables-fabriquees-a-montreal.php

Climate Solutions TMI, a subsidiary of Berkshire Hathaway, has launched the production of portable cryptocurrency miners for the Montreal company Kelvin Emtech. Berkshire Hathaway is controlled by Warren Buffett, who is chairman and CEO of the company. Buffet also spoke publicly a few days ago, alongside Bill Gates and Charlie Munger, and stated that "Bitcoin is rat poison squared."

Is it a coincidence that the market declined, soon after these 3 financial giants spoke publicly against investing in cryptocurrency? Prior to their joint public appearance, Bitcoin was showing very bullish signals, and the probability that it was about to break through to $10,000, was very likely. ENTER Buffet, Gates, & Munger, and very shortly afterwards, Bitcoin turned bearish once again.

Because the crypto market is still in its early years compared to other markets, it is sensitive to FUD. What I want to know is, who still listens to FUD??? It's quite frustrating, that there are people out there in this world that believe everything the media spoon feeds them.

Google buried this article so deep that no matter how much I searched, I wasn't getting accurate results. I actually had to type in the exact website address, with all of its letters and symbols to find these articles. (By the way, Google is also part of the stalling of mainstream adoption in case you didn't know as they had recently banned ads from crypto companies.)

Look, the tech behind blockchain and crypto is revolutionary and will change the world. It's like a wild stallion that is hard to tame. But people like Buffet, Gates, and Munger, and many others more, want to be the ones to rein this stallion and break it in, BEFORE mainstream adoption happens so they will slow that down any way they can. Why? So they can control it! Why? Because whoever is in control will have power.

Our opinion on all this, and not financial advice as we are not financial advisers: HODL on and survive! This tech and its infrastructure will continue to build and grow, and we will continue to evangelize the TRUTH in the hopes that others don't get manipulated easily by the wealthy and powerful people in this market. There is nothing more they want, than for us to sell our positions so they can swoop in like the vultures they are, and accumulate more crypto for themselves.

This is not financial advice but my educated opinion. It is very important that you do your own research and due diligence as we are not financial advisors. Always DYOR = Do Your Own Research!

[Knowledge is Power] + [Time is Money] = $ucce$$!!!
FOLLOW YOUR OWN RULES FOR INVESTING