If you’re into crypto like I am, you’ll find this article in the New York Post amusing. Elon Musk and Warren Buffett have been going at it for a while and it’s apparent that the 2 occupy different ends of whether crypto is for real.
I’ll let you decide for yourself. As for me, crypto is here to stay.
May 3, 2022
By Ariel Ziber
New York Post
Elon Musk mocked Warren Buffett after the legendary investor once again hit out at cryptocurrencies over the weekend, saying he wouldn’t agree to buy “all of the bitcoin in the world” for $25.
Posting a video of Buffett speaking at Berkshire Hathaway’s annual shareholder meeting on Saturday, venture capitalist Marc Andreessen wrote it was “wild” that Buffett criticized bitcoin “while nakedly shilling diabetes” — a reference to the boxes of See’s Candie’s that surrounded the legendary investor at a table.
“Haha, he says ‘bitcoin’ so many times,” Musk tweeted in response.
Buffett and his top deputy, Berkshire Hathaway Vice Chairman Charlie Munger, had few good things to say about cryptocurrencies at the annual meeting.
Buffett, who is currently the sixth richest person in the world with a net worth valued by Forbes at around $116.8 billion, said he is opposed to bitcoin because it’s not a tangible asset like real estate or other businesses.
Read the rest of the article here: https://nypost.com/2022/05/02/elon-musk-mocks-warren-buffett-over-anti-crypto-stance/