In a world where the value of a single human being stands at a staggering Rp 2.068 Trillion, the question arises: Would anyone refuse to invest in Bitcoin, even at its cheapest?
Warren Buffett, the renowned Oracle of Omaha, boldly declares his stance, asserting that not even a plummet in Bitcoin's price to a mere USD 25 would entice him. To him, Bitcoin is nothing but 'rat poison'. With a fortune touching USD 132.86 billion or approximately Rp 2.068 trillion as of March 5, 2024, Buffett's words carry immense weight.
For years, the close confidant of Bill Gates has shown no faith in cryptocurrencies. His criticism towards the crypto sector has been evident, as cited by Benzinga.
"When it comes to cryptocurrencies, generally, I can say with almost certainty that cryptocurrencies will come to a bad end," Buffett remarked back in January 2018.
During the annual Berkshire Hathaway shareholders meeting in 2022, Buffett reiterated his stance on crypto currencies.
"Now, if you offered me all the Bitcoin in the world at a price of USD 25, I wouldn't take it because what would I do with that Bitcoin? I'd have to sell it to you in some way. It wouldn't produce anything," Buffett stated firmly.
However, recent events suggest a slight softening of Buffett's stance towards crypto. Berkshire Hathaway made headlines by investing USD 1 billion in a crypto-focused bank, Nubank.
Nubank represents a new breed of bank operating outside the traditional banking system's regulations. The bank's digital investment unit, NuInvest, allows users to invest in funds traded on the Bitcoin exchange. get cheat for : koin eggy party
In a world where the value of human potential eclipses even the most enticing Bitcoin bargains, the debate between traditional wealth and the allure of the digital frontier continues to captivate investors and pundits alike.
