People overreact to Warren Buffett’s negative comment on bitcoin. First, he is irrelevant anyway. Second, he did very well in his own fiat game so he care less about what he said about bitcoin. Don’t get trigger.
Discussion
I tend to agree. He is quite good at valuing companies. He doesn’t seem to be very knowledgeable about valuing anything else. And valuing something like #Bitcoin is simply not something that the entire human race is very knowledgeable about valuing yet. That plus the status quo has benefited him immensely. All this means that his opinion is probably not going to be very insightful or enlightening.