Today I will tell you a funny story. Warren Buffett used to look down on Bitcoin and said that Bitcoin was rat poison. Now I heard that he is secretly investing in it. It's hilarious.
When Bitcoin went from worthless to more than $100, the stock god said: Bitcoin is rat poison.
Later, when reporters interviewed him, he said that it rose from more than $100 to $9,000. What do you think about this? The stock god is the stock god who is stubborn and said it is rat poison squared.
At the Buffett shareholders' meeting, the stock god once again expressed his pessimistic attitude towards Bitcoin: "The final result of cryptocurrency will be very bad because they do not generate any value related to this asset."
Before Bitcoin came out, Buffett's attitude towards gold was never to invest. He believed that gold had two major defects.
First, as a non-productive asset, gold has no "production capacity". This means that gold itself cannot produce more gold or any other value. Therefore, Buffett's usual means of investment is to acquire oil fields, which can produce oil, acquire factories, which can manufacture products, and invest in stocks, which can generate dividends.
This year, the price of Bitcoin reached an all-time high of $75,830.
So the stock god couldn't sit still, secretly bought, and slapped his face.
