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RE: Are You Committing This Crypto Investing Sin?

in #bitcoin6 years ago (edited)

Warren Buffet says flat out there is no doubt Bitcoin will end badly. Is he just another blinded full fiat shill, or does he have a good reason for this claim that satisfies unbiased crypto investors?
I have to add that you only got to this point about 18 minutes into your video, and although you probably think you've answered this question, there is a serious flaw in that you are redefining the word "ending". There is no continuation after an ending, but you are saying there will definitely be a bad ending within 5 years but then it will continue after this ending, and this is the least logical explanation for anything in your video which is based solely on the strength of implementing logic.
If you read between the lines of your explanation, however, you do elucidate a nugget of gold on how to interpret Buffet's comment, and that is his experience dictates clear understanding that Bitcoin is really just a small spark of a hopeless joke to be validated the way fiat currency is in the economy as he participates in it. I think by saying it will end badly, he is just betting with a gut instinct and yes, outside his circle of competence.