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Bitcoin is not and will never be real

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Aphrodisiac Adulterous State
  07/10/25
I like Warren Buffet's quote about it at the BRK shareholder...
insanely creepy heady station
  07/10/25
what an idiot, you use it to buy drugs
Hateful Property
  07/10/25
...
Navy pit pistol
  07/11/25
It literally does nothing
Aphrodisiac Adulterous State
  07/10/25
...
insanely creepy heady station
  07/11/25
"and if you offered me all the gold in the world for $2...
primrose range
  07/11/25
Correct. You’ve correctly intuited that he doesn&rsquo...
insanely creepy heady station
  07/11/25
...
Yapping Step-uncle's House Karate
  07/11/25
really lol? Im dumb and certainly dont know warren buffet...
primrose range
  07/11/25
Gold is actually not the best example because it does have p...
insanely creepy heady station
  07/11/25
...
Cerebral gay wizard
  07/11/25
Doesn't that kind of disprove his investment thesis on btc t...
overrated boltzmann corner
  07/11/25
i'm a nocoiner myself
Deep Arrogant Skinny Woman House
  07/10/25


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Date: July 10th, 2025 7:49 PM
Author: Aphrodisiac Adulterous State



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



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Date: July 10th, 2025 7:58 PM
Author: insanely creepy heady station

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=2...id#49091448)



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Date: July 10th, 2025 8:01 PM
Author: Hateful Property

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: Navy pit pistol



(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: Aphrodisiac Adulterous State

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: insanely creepy heady station



(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: primrose range

"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: insanely creepy heady station

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: Yapping Step-uncle's House Karate



(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: primrose range

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=2...id#49092808)



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Date: July 11th, 2025 11:36 AM
Author: insanely creepy heady station

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=2...id#49092888)



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Date: July 11th, 2025 10:58 AM
Author: Cerebral gay wizard



(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: overrated boltzmann corner

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: Deep Arrogant Skinny Woman House

i'm a nocoiner myself

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