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Bitcoin is not and will never be real
| Up-to-no-good Heady Rehab Reading Party | 07/10/25 |
| Saffron newt menage | 07/10/25 |
| mind-boggling french windowlicker | 07/10/25 |
| Big-titted potus | 07/11/25 |
| Up-to-no-good Heady Rehab Reading Party | 07/10/25 |
| Saffron newt menage | 07/11/25 |
| carnelian abode | 07/11/25 |
| Saffron newt menage | 07/11/25 |
| rambunctious native death wish | 07/11/25 |
| carnelian abode | 07/11/25 |
| Saffron newt menage | 07/11/25 |
| Dark pontificating organic girlfriend | 07/11/25 |
| vermilion passionate factory reset button mad-dog skullcap | 07/11/25 |
| Bonkers self-absorbed locale | 07/10/25 |
Poast new message in this thread
Date: July 10th, 2025 7:49 PM Author: Up-to-no-good Heady Rehab Reading Party (http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2...id#49091396) |
Date: July 10th, 2025 7:58 PM Author: Saffron newt menage 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." |
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Date: July 10th, 2025 8:01 PM Author: mind-boggling french windowlicker what an idiot, you use it to buy drugs (http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2...id#49091457) |
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Date: July 11th, 2025 10:31 AM Author: Big-titted potus (http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2...id#49092750) |
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Date: July 10th, 2025 8:18 PM Author: Up-to-no-good Heady Rehab Reading Party It literally does nothing (http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2...id#49091535) |
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Date: July 11th, 2025 10:27 AM Author: Saffron newt menage (http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2...id#49092737) |
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Date: July 11th, 2025 10:30 AM Author: carnelian abode "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=2...id#49092747) |
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Date: July 11th, 2025 10:36 AM Author: Saffron newt menage 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=2...id#49092765) |
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Date: July 11th, 2025 10:42 AM Author: rambunctious native death wish (http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2...id#49092778) |
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Date: July 11th, 2025 10:58 AM Author: carnelian abode 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 |
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Date: July 11th, 2025 11:36 AM Author: Saffron newt menage 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. |
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Date: July 11th, 2025 10:58 AM Author: Dark pontificating organic girlfriend (http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2...id#49092810) |
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Date: July 11th, 2025 11:00 AM Author: vermilion passionate factory reset button mad-dog skullcap Doesn't that kind of disprove his investment thesis on btc then? (http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2...id#49092815) |
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Date: July 10th, 2025 8:01 PM Author: Bonkers self-absorbed locale i'm a nocoiner myself (http://www.autoadmit.com/thread.php?thread_id=5748884&forum_id=2...id#49091459) |