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Alpinespruce

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Alpinespruce 2y ago

Im here, but Im a rookie. Same for me, your posts are the only ones

Replying to

sofka

Noticed that the MSM plays this game of asking people like Munger, Buffett, Jamie Dimon or Christine Lagarde of their views on Bitcoin.

It is highly amusing to hear what they have to say, considering the fact that the fiat system is the only reason they are millionaires/billionaires.

Of course they will keep saying stuff like Bitcoin is a rat poison or it has to be banned, etc, etc...

Their livelihoods depend on BTC not succeeding.

Their careers are based on trying to get more people to believe in what they have to sell - fiat, debasement of the currency and "trust in the system" meaning trust in them ( for being such economic and business wizards)!

Their massive wealth is built on fiat and BTC threatens it.

Very sad that some people are looking at those guys for inspiration and ideas... They represent the opposite of what BTC was created in a first place!

Here, I said my piece !

Love you Lyn!!!

Alpinespruce 2y ago

I don’t think you get your point across by saying Buffet and Munger are the beneficaries of a rigged system. They might be in part, but they are primarily great investors who consistently have invested in great businesses that represent real value. They stay away from leverage and speculation, so they are imo not a part of the fiat problem. The fact that they might have the wrong opinion of btc is a separate issue.