Quite a few posts on bitcoin in this thread. That’s interesting because it’s a currency. Not a commodity, not a business. From day one buying bitcoin has always seemed closer to gambling than investing to me. (Like buying gold. Not that peolle haven’t got rich from either gold or gambling)
Found this:
Quote:
Bitcoin is a gamble not an investment, warns Warren Buffett | The Independent | The Independent
“ “If you buy something like a farm, an apartment house, or an interest in a business… you can do that on a private basis… and it’s a perfectly satisfactory investment… Now, if you buy something like bitcoin or some cryptocurrency, you don’t really have anything that has produced anything. You’re just hoping the next guy pays more.”
https://www.independent.co.uk/life-s...-a8329206.html
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