Warren Buffet called bitcoin rat poison squared, but he actually wasn’t just whining.
In the old days, supplies and demands needed third parties with big names all over the world to trust each other. We gotta yield our rights to them, feed them, and grow them bigger to get our businesses done.
Over time, they became so powerful, like kings. And as the investor, Warren was the Emperor.
Today, we don’t need companies to build mutual confidence. We have block chains. So, step by step, his ‘princes’ are being rendered redundant.
Behind his whinny words, he in fact saying, “how dare you slaves rise up against your kings.”