Rat Poison Squared

Rat Poison Squared

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once you knew how buffet made his money its funny how people take a shit what he says
>dude just dump all your money into coca cola and live off dividends forever

hes ultimately a defi staker that didnt get rugged

Not enough upper middle class wagies to outsource to Brazil for peanuts to inflate his dividend flow like he did with Heinz, Kraft, and Burger King. If it's not an iconic American company he can destroy he doesn't want to waste his time.

that makes no sense because he could immediately liquidate it for billions even if he didn't want it, what a sensationalist faggot kike

Ultimately he’s right in that crypto is always going to be a greater fools game which is forgotten about every cycle with new fools entering. There’s no cashflow and it’s value is based on what someone else pays for it. Scarcity/halving ensures deflation. It will never be a cashflow asset and treated as a risk-on hedge like a volatile form of digital gold.

>defi staking
Every single staking coin is a scam. EVERY SINGLE ONE. There is no underlying/inherent cashflow or utility for DeFi other than being glorified money movers. They ultimately end up resembling Tradfi akin to what we recently saw with Celsius.

like clockwork

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Nah bruh, he has invested in a number of companies that had good governance and leadership and a moat.

BNSF, Duracell, Berkshire Energy, Gieco, Dairy Queen, Apple, Coke, McDonalds etc.

I can explain both of these. Warren is being tricky with words but hinting at a couple things.
Rat poison squared… bitcoin kills the rats
If someone were to own all the bitcoin, it would be a shitcoin and worth nothing. The value of bitcoin is the power of the network, which buffet knows.

if you owned all the coins of a single crypto it would be worthless

The BTC blockchain is guaranteed to be curated in a museum

The only cash flow utility assets in crypto right now are LINK and GNS


Invest accordingly

lol we both know knuckledraggers would still buy into the ponzi

yes.. the oracle has spoken

Not if everyone decided who cares about bitcoin anymore and noone bought. That's why crypto is so dumb, it's all about greater fool.

BTC is a form of currency, comparing it to a farm or a company like Warren Buffett does is a literally apples to oranges situation.

>what if everyone was hivemind
well in that magical world crypto would be dead in the water right now

What the fuck does it mean?

what website is this?

There’s no cashflow
Bitcoin isn't a company.
>and it’s value is based on what someone else pays for it
Isn't that true for literally everything in life, dumbass?
Gold is valued above it's utility value. If it had no utility it would still have value because a lot of people agreed that it's money. Bitcoin isn't physical but it's better than gold in other aspects like scarcity and transparency of supply.

Found the bot

well yeah if one person owned all the world's bitcoin i dont see what value it would have

What is the value of bitcoin? Give me a numberQuick answer now.

This guy gets it, it exposes how arbitrary the whole thing is. Who gets to decide how much bitcoin is worth if he holds it all? Do we just go by what bitcoin was most recently? There is no sense to it.

Something that people hang out to hoping it will appreciate is not currency, it's an asset. People don't hang onto dollars hoping they'll go up in value (generally)

NIGGER
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Except people actually buy and drink Coca Cola.

>Any Forumstard thinks he knows more about finance than Warren Buffett

It’s as worth all the shitskins in the world combined, so effectively 0

>currency
When was the last time you purchased something with your internet money (that wasn't other internet money)?

>t. retard
now call him a Russian and the meme will be complete