empty
 
 
01.03.2021 07:10 AM
Warren Buffett does not want to buy bitcoin, and JPMorgan recommends including cryptocurrency in portfolios

This image is no longer relevant

We continue to monitor news related to the cryptocurrency segment. The latest ones suggest that not all world-famous investors are ready to buy bitcoin at breakneck speed. For example, Warren Buffett's companies are not going to invest in bitcoin under any circumstances. This was stated by the chairman of the Board of Directors of Berkshire Hathaway, Charlie Munger. He said in an interview that bitcoin is too volatile, so it does not attract the company's interest. Also, Munger could not answer the question of what surprises him more, the capitalization of Tesla to $1 trillion or bitcoin worth $50,000 per coin? Previously, Buffett himself stated: "Cryptocurrencies do not have any value and do not produce anything. In terms of value, this is a complete zero. I don't have and will never have any cryptocurrencies." Charlie Munger, who is already 95 years old, said earlier: "I never thought for a second about buying bitcoins. I was disgusted with it from the moment it appeared. The more popular it became, the more I hated it. It's just disgusting how passionate people are about it." Thus, many old school investors not only do not want to deal with bitcoin, but also openly hate it, calling on governments to put as much pressure on it as possible. This means that bitcoin is unlikely to ever become an investment tool for everyone, for example, Apple shares.

The government itself, or rather the Fed, believes that bitcoin will never become a competitor to the dollar. Rather, it can compete with gold, but not with the American currency, which holds the whole world. This was stated a few weeks ago by the chairman of the St. Louis Fed, James Bullard. Bullard also noted the disadvantages of cryptocurrencies in general and said that it is unlikely that they will ever replace fiat money. Thus, we still conclude that bitcoin is good as a means of investing or earning money. But it is unlikely that it should be used as a means of preserving value. In daily calculations, it is just as bad as other tokens. Therefore, it turns out that its main value lies in anonymity, which is naturally used by various criminal structures. Although, as repeatedly conducted studies have shown, the dollar is no less criminal than bitcoin. Therefore, the elimination of bitcoin clearly will not solve the problem of money laundering and international terrorism.

Paolo Greco,
انسٹافاریکس کا تجزیاتی ماہر
© 2007-2024
انسٹافاریکس کے ساتھ کرپٹو کرنسی کی معاملاتی تبدیلیوں سے کمائیں۔
میٹا ٹریڈر 4 ڈاؤن لوڈ کریں اور اپنی پہلی ٹریڈ کھولیں۔
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    مقابلہ میں شامل ہوں
  • چانسی ڈیپازٹ
    اپنے اکاؤنٹ میں 3000 ڈالر جمع کروائیں اور حاصل کریں$1000 مزید!
    ہم اپریل قرعہ اندازی کرتے ہیں $1000چانسی ڈیپازٹ نامی مقابلہ کے تحت
    اپنے اکاؤنٹ میں 3000 ڈالر جمع کروانے پر موقع حاصل کریں - اس شرط پر پورا اُترتے ہوئے اس مقابلہ میں شرکت کریں
    مقابلہ میں شامل ہوں
  • ٹریڈ وائز، ون ڈیوائس
    کم از کم 500 ڈالر کے ساتھ اپنے اکاؤنٹ کو ٹاپ اپ کریں، مقابلے کے لیے سائن اپ کریں، اور موبائل ڈیوائسز جیتنے کا موقع حاصل کریں۔
    مقابلہ میں شامل ہوں
  • 100 فیصد بونس
    اپنے ڈپازٹ پر 100 فیصد بونس حاصل کرنے کا آپ کا منفرد موقع
    بونس حاصل کریں
  • 55 فیصد بونس
    اپنے ہر ڈپازٹ پر 55 فیصد بونس کے لیے درخواست دیں
    بونس حاصل کریں
  • 30 فیصد بونس
    ہر بار جب آپ اپنا اکاؤنٹ ٹاپ اپ کریں تو 30 فیصد بونس حاصل کریں
    بونس حاصل کریں

تجویز کردہ مضامین

ابھی فوری بات نہیں کرسکتے ؟
اپنا سوال پوچھیں بذریعہ چیٹ.
Widget callback