What will happen if Warren Buffet starts buying Bitcoin, let's imagine with me. Part 3

in #esteem6 years ago

Hi dear friends good evening from India. it's another post on this title and you can read my last two post to get more update and clear cut idea regarding this post and join the discussion with me and let's make this interesting together.

What will happen if Warren Buffet starts buying Bitcoin, let's imagine with me. Part 1

What will happen if Warren Buffet starts buying Bitcoin, let's imagine with me. Part 2

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After this who will suffer the gigantic losses in his portfolio of Stocks, yes you are hundred percent correct the Big Bull of Wall Street Warren Buffets loses his half money due to market in one single week crash and now he is not among the top Billionaires of the world and now dwelling to remain in top 25 and friends are you crazy why this man do this to praise cryptocurrencies as he can't be a bigger beneficiary of this turmoil and money movement because he can't invest much money to this speculation and risky market as he stated before and maybe some regulatory actions and lawsuits he may face due to his statement because everyone knows after his statement a massive sell off could be trigger in whole Stock, commodities and bond market because the doubts of uncertainty is cleared now and everyone want to make their dream fortune with the revolution and evolution of new alternatives of traditional market.

Hey Friends share your opinion about this topic as what do you think about this so I can add something new and interesting in my knowledge.

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Little Dove
You are right. Mr Warren is going to lose.
The stock exchanges, (and all exchanges), of the world will be pricing stocks, bonds, treasuries, etc in crypto currencies.
The option to do this is scheduled to take place here in the USA late this year and into next year.
The dollar bulls are going to get killed, "goes the saying."
Accounts can and will be setup in the crypto currency that the exchanges offer.
I don't know if a choice of which crypto will be offered.
We can safely think that Bitcoin is one and likely "Litecoin."
That is just a guess for me. I don't have any proof--yet.
The fiat currencies will disappear over the months/years.
Imagine being able to buy a share of Apple and Microsoft for a
small little part of one of your "Litecoins."
Here is why.
Cryptos are "deflationary" and the fiat currencies are "inflationary."
Big difference.
Thank you
Francis

Dear sir thank you for understanding my imaginations and backing them.

With love and respect.

Good wishes @juliawilliams,
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It would be better if we stick to reality.
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Reality is what you see,
I am imagining about the future.
Stay tuned for more interesting things to come.

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