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Bitcoin is not and will never be real

...
Rebellious learning disabled state
  07/10/25
I like Warren Buffet's quote about it at the BRK shareholder...
Pink bipolar stage
  07/10/25
what an idiot, you use it to buy drugs
Blathering mind-boggling piazza
  07/10/25
...
Mahogany Flatulent Double Fault Hunting Ground
  07/11/25
It literally does nothing
Rebellious learning disabled state
  07/10/25
...
Pink bipolar stage
  07/11/25
"and if you offered me all the gold in the world for $2...
Hateful floppy karate
  07/11/25
Correct. You’ve correctly intuited that he doesn&rsquo...
Pink bipolar stage
  07/11/25
...
Provocative ultramarine box office liquid oxygen
  07/11/25
really lol? Im dumb and certainly dont know warren buffet...
Hateful floppy karate
  07/11/25
Gold is actually not the best example because it does have p...
Pink bipolar stage
  07/11/25
...
Seedy Indirect Expression
  07/11/25
Doesn't that kind of disprove his investment thesis on btc t...
Blue Shrine
  07/11/25
i'm a nocoiner myself
Exciting jap
  07/10/25


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Date: July 10th, 2025 7:49 PM
Author: Rebellious learning disabled 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: Pink bipolar stage

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: Blathering mind-boggling piazza

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: Mahogany Flatulent Double Fault Hunting Ground



(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: Rebellious learning disabled 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: Pink bipolar stage



(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: Hateful floppy karate

"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: Pink bipolar stage

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: Provocative ultramarine box office liquid oxygen



(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: Hateful floppy karate

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: Pink bipolar stage

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: Seedy Indirect Expression



(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: Blue Shrine

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: Exciting jap

i'm a nocoiner myself

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