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21 sats \ 1 reply \ @cryotosensei 18 Jul \ on: This Day in Stacker News: July 18th meta
Warren Buffett gets a lot of flak for staying away from Bitcoin, but I think he just doesn’t want to venture into something that he doesn’t understand. And that’s fine. Wealth can be created in many ways - as he has evidently demonstrated
I think that's right. The statement itself reminds me of Krugman famously saying the internet would be no more important than the fax machine.
It's not that he should be buying, rather it's just fascinating how amazingly wrong public experts can be and how confident they are in their statements.
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