Technology

Billionaires ‘never touch’ Bitcoin


Bitcoin investors should never expect some people, like Warren Buffett, Mark Cuban, or Carl Icahn – billionaires who say no to the cryptocurrency.

When tech billionaire Elon Musk expressed support for Bitcoin and Dogecoin, these cryptocurrencies immediately increased in value. On the contrary, Bill Gates’ disapproval has been seen as one of the causes of Bitcoin’s recent slump.

In general, the statements and moves of the wealthy and reputable are crucial for the emerging Bitcoin market. Bitcoin investors who want the cryptocurrency to increase in value often wait for positive signals from this group of people.

Bitcoin investors who want the cryptocurrency to increase in value often wait for positive signals from a group of wealthy and reputable people.

However, Bitcoin investors should never have high expectations of some people, such as Warren Buffett, a billionaire with a total net worth of more than $ 90 million.

In the interview with CNBC Last February, Warren Buffett commented: “Cryptocurrencies have basically no real value. They don’t make any products. You can do nothing with them but sell to someone else.

Buffett also asserted that he never owned Bitcoin, and his investment firm Berkshire Hathaway did not engage in any Bitcoin-related business.

Mark Cuban, famous for being a Shark on television, shares the same point. This billionaire once said: “If I have to choose between Bitcoin and bananas, I would rather choose bananas, because I can eat bananas.”

Then when replying Forbes, Mark Cuban clarified his point: “It’s not that Bitcoin doesn’t really work, but it’s too hard to understand, too hard to approach, and it takes too much work to explain to anyone. That is why Bitcoin is optimal “.

As recently as last December, 80-year-old real estate investor Sam Zell shared his personal view: “I am very skeptical about Bitcoin. I see it as a world full of impulsive people, so I don’t think I should join.

Another old real estate investor, Carl Icahn, used to call Bitcoin and other cryptocurrencies ridiculous. “Maybe because I don’t understand them, maybe because I’m too old. But I won’t touch it anyway. ”

Gender Bitcoin Also very interested in the views of Jeff Bezos, Amazon CEO with the second largest asset in the world. However, many speculate that Bezos does not like to enter the Bitcoin market, as Amazon works closely with the formal payment systems.

Of course, before investing $ 1.5 billion in Bitcoin, Elon Musk is also hesitant, but such cases are certainly not many.

Hero (According to Business Insider, CNBC)

Elon Musk lost $ 15 billion in just one day to Bitcoin

Elon Musk lost $ 15 billion in just one day to Bitcoin

Elon Musk once again lost the richest title in the world to Jeff Bezos because of the shocking drop in Bitcoin price.

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