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Bitcoin is not and will never be real

...
Impressive passionate dopamine
  07/10/25
I like Warren Buffet's quote about it at the BRK shareholder...
Rebellious hospital
  07/10/25
what an idiot, you use it to buy drugs
Turquoise Stock Car
  07/10/25
...
Blue Racy Halford
  07/11/25
It literally does nothing
Impressive passionate dopamine
  07/10/25
...
Rebellious hospital
  07/11/25
"and if you offered me all the gold in the world for $2...
Copper kitty
  07/11/25
Correct. You’ve correctly intuited that he doesn&rsquo...
Rebellious hospital
  07/11/25
...
rusted godawful black woman home
  07/11/25
really lol? Im dumb and certainly dont know warren buffet...
Copper kitty
  07/11/25
Gold is actually not the best example because it does have p...
Rebellious hospital
  07/11/25
...
Marvelous Territorial Sweet Tailpipe
  07/11/25
Doesn't that kind of disprove his investment thesis on btc t...
Flushed Self-absorbed Base Friendly Grandma
  07/11/25
i'm a nocoiner myself
anal concupiscible fat ankles brethren
  07/10/25


Poast new message in this thread



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Date: July 10th, 2025 7:49 PM
Author: Impressive passionate dopamine



(http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2Reputation#49091396)



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Date: July 10th, 2025 7:58 PM
Author: Rebellious hospital

I like Warren Buffet's quote about it at the BRK shareholder meeting:

"If all the people in this room owned all of the farmland in the United States and you offered me a 1% interest in it at a bargain price of $25 billion, I'll write your check this afternoon. If you tell me you own 1% of the apartment houses in the United States and you offer me a 1% interest, I'll write you a check. Very simple.

Now if you told me you own all of the Bitcoin in the world and you offered it to me for $25, I wouldn't take it because what would I do with it? I'd have to sell it back to you one way or another. It isn't going to do anything."

(http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2Reputation#49091448)



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Date: July 10th, 2025 8:01 PM
Author: Turquoise Stock Car

what an idiot, you use it to buy drugs

(http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2Reputation#49091457)



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Date: July 11th, 2025 10:31 AM
Author: Blue Racy Halford



(http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2Reputation#49092750)



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Date: July 10th, 2025 8:18 PM
Author: Impressive passionate dopamine

It literally does nothing

(http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2Reputation#49091535)



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Date: July 11th, 2025 10:27 AM
Author: Rebellious hospital



(http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2Reputation#49092737)



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Date: July 11th, 2025 10:30 AM
Author: Copper kitty

"and if you offered me all the gold in the world for $25, what would I do with it? Id have to, uh... uh.... sell it back to people. It doesnt DO anything."

(http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2Reputation#49092747)



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Date: July 11th, 2025 10:36 AM
Author: Rebellious hospital

Correct. You’ve correctly intuited that he doesn’t support investing in gold either.

(http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2Reputation#49092765)



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Date: July 11th, 2025 10:42 AM
Author: rusted godawful black woman home



(http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2Reputation#49092778)



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Date: July 11th, 2025 10:58 AM
Author: Copper kitty

really lol?

Im dumb and certainly dont know warren buffets investment advice

but if he only likes things that "DO" shit, his point is much bigger than fucking crypto

(http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2Reputation#49092808)



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Date: July 11th, 2025 11:36 AM
Author: Rebellious hospital

Gold is actually not the best example because it does have practical application (it’s used in medicine, electronics, etc) , so all the gold in the world is intrinsically worth more than $25.

But the point remains that the price appreciation over time is due to inflation and the idea that the next person will pay more for it. It doesn’t really do anything or compound to become more valuable over time, so it’s not a good investment compared to e.g. a strong company that’s growing earnings over time.

(http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2Reputation#49092888)



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Date: July 11th, 2025 10:58 AM
Author: Marvelous Territorial Sweet Tailpipe



(http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2Reputation#49092810)



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Date: July 11th, 2025 11:00 AM
Author: Flushed Self-absorbed Base Friendly Grandma

Doesn't that kind of disprove his investment thesis on btc then?

(http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2Reputation#49092815)



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Date: July 10th, 2025 8:01 PM
Author: anal concupiscible fat ankles brethren

i'm a nocoiner myself

(http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2Reputation#49091459)