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RE: Daily: Buffett calls Bitcoin "Bubble" / Intel working with Ledger / Chinese Exchanges

in #bitcoin7 years ago (edited)

I love Buffet and I think he is really smart, but i'm sure that he can't understand bitcoin that why he said that, if you look at gold marketcap its almost $7 trillion and bitcoin is barely $99 billion, this marketcap is lower than some Brazilian banks. So in my oppinion there is no bubble in bitcoin rigth now.

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What would you rather own a Brazilian bank or Bitcoin. I know which one I would choose : ) Bitcoin - no contest

False dichotomy, both are terrible choices.