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Bitcoin is not and will never be real

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alcoholic bateful house corn cake
  07/10/25
I like Warren Buffet's quote about it at the BRK shareholder...
Multi-colored travel guidebook
  07/10/25
what an idiot, you use it to buy drugs
lavender philosopher-king
  07/10/25
...
Pungent generalized bond becky
  07/11/25
It literally does nothing
alcoholic bateful house corn cake
  07/10/25
...
Multi-colored travel guidebook
  07/11/25
"and if you offered me all the gold in the world for $2...
garnet narrow-minded tattoo
  07/11/25
Correct. You’ve correctly intuited that he doesn&rsquo...
Multi-colored travel guidebook
  07/11/25
...
Misanthropic Incel Ticket Booth
  07/11/25
really lol? Im dumb and certainly dont know warren buffet...
garnet narrow-minded tattoo
  07/11/25
Gold is actually not the best example because it does have p...
Multi-colored travel guidebook
  07/11/25
...
balding idea he suggested stage
  07/11/25
Doesn't that kind of disprove his investment thesis on btc t...
red kitchen personal credit line
  07/11/25
i'm a nocoiner myself
Greedy potus tanning salon
  07/10/25


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Reply Favorite

Date: July 10th, 2025 7:49 PM
Author: alcoholic bateful house corn cake



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



Reply Favorite

Date: July 10th, 2025 7:58 PM
Author: Multi-colored travel guidebook

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: lavender philosopher-king

what an idiot, you use it to buy drugs

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



Reply Favorite

Date: July 11th, 2025 10:31 AM
Author: Pungent generalized bond becky



(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: alcoholic bateful house corn cake

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: Multi-colored travel guidebook



(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: garnet narrow-minded tattoo

"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: Multi-colored travel guidebook

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: Misanthropic Incel Ticket Booth



(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: garnet narrow-minded tattoo

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: Multi-colored travel guidebook

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: balding idea he suggested stage



(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: red kitchen personal credit line

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: Greedy potus tanning salon

i'm a nocoiner myself

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