One Of Bitcoin’s Biggest Haters, Warren Buffett Could Be Finally Aligning With Cryptocurrency

2019-7-3 15:48

When it comes to the world of cryptocurrencies, criticism is not foreign to the cryptocurrency community especially when the case of transparency is the topic of the argument. Every coin and token has had its fair share of criticism since its launch, and the critics behind this have shown themselves to be very well versed in the world of Economics and Finance. 

While some of the naysayers are not bent on taking a different stance on their narrative of the value of cryptocurrencies, some others seem to the buying in on the idea that digital currencies are not only valuable assets but are certain to revolutionize the world of finance in the coming years.

One of such people might be Warren Buffett, although the possibility of this is largely questionable, recent happenings are showing that there’s soon to be a rather positive outcome with Buffett who has shown himself to be a staunch cryptocurrency opposer.

The Cryptocurrency space will recall that back in 2017, Buffet explained his stance on cryptocurrency, citing that Bitcoin has no intrinsic value because it doesn’t count as a value producing asset.

Before concluding that Bitcoin is soon to implode, he noted that Bitcoin is not under any supervision, making reference to cryptocurrencies and regulatory. Up till present, the “Oracle of Omaha” hasn’t shown any sign of conforming.

However, the coming weeks just might change this narrative as Justin Sun of Tron is joining arms with “former rival” Vitalik Buterin, Charlie Lee of Litecoin and Changpeng Zhao of Binance to Buffett’s coveted power lunch which was won earlier this year by the CEO of Tron, Justin Sun.

Having won a whopping $4,567,888 which will be handed over to charity, Sun is expected to bring seven friends to lunch and the CEO expects to do this while convincing Buffett differently about cryptocurrency.

In an open letter, Sun had previously explained that although Buffett’s investment strategies were valuable tools for him, it is not impossible that Buffett, no matter how well versed in the world of finance could be missing out on the benefits of cryptocurrency. 

The post One Of Bitcoin’s Biggest Haters, Warren Buffett Could Be Finally Aligning With Cryptocurrency appeared first on ZyCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Global Cryptocurrency (GCC) íà Currencies.ru

$ 0 (+0.00%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.00 %, 7d: 0.00 %
Cåãîäíÿ L: $0 - H: $0
Êàïèòàëèçàöèÿ $0 Rank 99999
Öåíà â ÷àñ íîâîñòè $ 0.002894 (-100%)

cryptocurrency criticism one when aligning warren haters

Èñòî÷íèê: zycrypto.com

cryptocurrency criticism → Ðåçóëüòàòîâ: 92


Ôîòî:

Facebook Pushes on with Cryptocurrency Recruitment Despite Libra Project Criticism

Facebook is advertising job offers for a cryptocurrency wallet data engineer and regulatory policy expert as it moves forward with its plans for the Libra project. Meanwhile, stakeholders across the cryptocurrency and mainstream finance industries, as well as government officials, continue to express concerns about the company’s foray into the world of cryptocurrency payments.

2019-6-25 15:00


Bitcoin’s [BTC] relationship with the US government is still very ‘unclear,’ claims Ikigai’s Travis Kling

Due to the independence of the virtual asset class, the cryptocurrency industry has often faced criticism in the past, failing to achieve general validation from economic institutions. The scenario has changed over time however, as Bitcoin [BTC] and other crypto assets have started to be accepted across the United States and the world, despite governments […] The post Bitcoin’s [BTC] relationship with the US government is still very ‘unclear,’ claims Ikigai’s Travis Kling appeared first on AMBCrypto.

2019-5-29 17:30


Ôîòî:

Binance CEO Says Ethereum ‘Can Do Much More’ Than Binance Coin

The CEO of one of the world’s largest cryptocurrency exchanges delivered an unexpected compliment to his rival this week – but markets appeared unwilling to follow. CZ Denies BNB Will ‘Devastate’ ETH In a series of tweets April 22, Binance’s Changpeng Zhao (also known as CZ) called for tolerance of the various blockchain projects within the cryptocurrency industry.

2019-4-23 12:30


Bitcoin Enthusiasts Know Fiat’s Not Forever, Think Crypto Assets are a Legit Alternative to the Monetary System

One of the hopes many cryptocurrency enthusiasts hold is the idea crypto could one day serve as a legitimate alternate or even a replacement to the fiat monetary system. One big criticism of fiat currency has to do with exchange rates and the idea of valuing money based off of comparisons with other currencies. While […]

2019-4-15 08:31


Ôîòî:

Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto

There are many keywords in blockchain, but few spark as much emotion as “decentralization. ” For many of us, it was the dream of decentralization that inspired us to embark into the industry in the first place — the driving force encouraging us to explore the many industries and practice areas that could be positively impacted by this technology.

2019-3-1 19:43


Ôîòî:

Ledger Faces Backlash for Failing to Properly Test Nano S Software Update

Ledger, a French cryptocurrency hardware wallet manufacturer, has faced criticism for failing to conduct proper testing before launching a firmware update to their Nano S wallet. While the company said that the update, which significantly decreased the device’s storage, was the result of a mistake, some users speculated it was part of a scheme to […] The post Ledger Faces Backlash for Failing to Properly Test Nano S Software Update appeared first on CryptoSlate.

2019-3-1 09:06


Ôîòî:

Ripple CEO Says JPMorgan’s ‘Cryptocurrency’ Misses The Point

JPMorgan is already facing severe criticism from the cryptocurrency industry just a day after it announced it would launch its own token, ‘JPM Coin. ’ Garlinghouse: JPM Coin ‘Misses The Point’ The plan, which would ostensibly make JPMorgan the first US bank to issue a token with a verifiable use case, surprised commentators when executives revealed it to the press this week.

2019-2-15 18:00


Ôîòî:

Malta Gov’t Committed to ‘Blockchain Island’ Vision Despite Criticism

Malta’s government has hit back at recent claims by the opposition leader, Adrian Delia, about its silence and inaction concerning the cryptocurrency market. Committed to the ‘Blockchain Island’ Vision In an interview with the Nationalist Party’s NET FM, Delia declared that the prolonged cryptocurrecy bear market was a cause for concern for many stakeholders.

2019-1-8 10:00


Monero Community Praises Bitcoin’s Brainpower Strength and Sees Adoption as Strong 10 Years In

Amid a bear market that is affecting the whole cryptocurrency market, Riccardo Spagni, Monero’s leader and developer, showed that he is very positive about Bitcoin (BTC) and its future. During a conversation on the Magical Crypto Friends show, he said that there is an increased criticism being made to the Bitcoin community. At the same […]

2018-11-19 18:32


Ôîòî:

Bitcoin Ownership Hits 9% In UK, YouGov Survey Reveals

Over 90 percent of UK residents have now heard of Bitcoin and up to 9 percent of some demographics own it, an upbeat new survey revealed November 7. 21 Percent See Bitcoin Being As Common As Fiat The findings by market research agency YouGov paint a surprisingly positive picture of consumer attitudes towards the largest cryptocurrency, coming despite a year-long bear market and associated media criticism.

2018-11-9 02:00


Ôîòî:

Marshalls Island President Heine’s Cryptocurrency Plan Faces No-Confidence Vote

Marshalls Island President Hilda Heine’s controversial plan to introduce a sovereign cryptocurrency faced a lot of opposition in local Parliament and from the International Monetary Fund (IMF). According to The Guardian’s article published on November 5, 2018, President Hein’s cryptocurrency plan was met with sharp criticism from eight senators, which led her to her first vote of no-confidence.

2018-11-7 20:00


TRON’s Rumored Partnership Might Be Justin Sun’s Most Ambitious Yet

TRON (TRX)–TRON Founder and CEO Justin Sun is no stranger to high profile announcements. While the young cryptocurrency leader has at times drawn criticism for his showmanship in relation to marketing TRON, a thin line that has crossed into blatant promotion, Sun has continually been able to spark excitement for the currency in an industry […] The post TRON’s Rumored Partnership Might Be Justin Sun’s Most Ambitious Yet appeared first on Ethereum World News.

2018-10-15 02:38


äàëüøå åùå 43 íîâîñòåé →

Ïàðòíåðû Currencies.ru

Àíàëîã Notcoin - Blum - Èãðàé è çàðàáàòûâàé Ìîíåòû



Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru

Warren Buffett yet again compared bitcoin to gambling

In a recent CNBC interview, Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, shared his thoughts on bitcoin (BTC) and likened it to gambling. Buffett is known for his exceptional investing prowess and has amassed a considerable fortune…