Buffett is stuck in the old world—one where money must “produce” something, like a factory or farmland. But Bitcoin doesn’t need to “produce” anything—it stores the energy of human time and work, without dilution.
Buffett is stuck in the old world—one where money must “produce” something, like a factory or farmland. But Bitcoin doesn’t need to “produce” anything—it stores the energy of human time and work, without dilution.
People come to Bitcoin when they decide they need Bitcoin for some reason or goal. Buffett is 90 something, rich af, and doesn’t think he needs it.