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Thanks all for watching. Well I’ve been a fan of Buffett & Munger for years I have to say broadly I disagree with them.
I understand this may be a “complex” topic but if you want to connect further. Here’s some links.
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The entire global supply of bitcoin for 25 bucks is worth a punt for even the simplest village idiot. Buffet and Munger found a formula but this tells you they’re not always the brightest. They’re quite happy to keep their wealth in billions in fiat money which is entirely fake as fiat means value by decree. Your government can confiscate it at will. Even your bank can prevent your access to it. Or all the banks can work together to debank you. Your currency can collapse if your government wreck your economy.
The US Government is planning to have a BTC reserve buying a million BTC.
wow the two old titans of fiat currency dont like or understand blockchain currency. shocker.
what next are you gonna tell me bears shit in the woods ?
when paper began replacing slate old teachers would scoff that young people couldn't even write on a slate these days…
Bitcoin is just another worthless item someone said had value. Since 1971 the dollar had value based on the price of gold. No backing (gold, something very hard to come by) remove its gold backing, it turns into nothing more than a promise or valueless piece of paper having the value of several squares of toilet paper.
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Hello I wish to start investing but I don't know where to begin, any advice or contact for help?
Not a single one of these tycoons have an interest in the common people or preserving your survival or economic interest. It is in their ABSOLUTE interest to keep you as poor and far away from their money as possible. Do not listen to anything they say.
I don’t know Buffet and Munger had such strong opinions on Bitcoin but I agree with them 100%
I’m on team…don’t buy shitcoin. And listen…I’ve been on the internet since 98 and I spend most of my free time on the internet. I saw bitcoins start…sort of. I saw davincij talk about shitcoin in 2010 on YouTube. You would think…I mean I’ve followed all the little internet trends since 1998 starting on America online and was right on YouTube at the start…you would think I would buy shitcoin. But nope…can’t do it. I am in the stock market. And it’s tempting to try all the little high risk gambling on there. But shitcoin…I am not one bit tempted to buy it. I am…however…interested …very interested….in what the ending will be with it. Btw….gold ….buying gold is amazing too.
Thank you for sharing! Looking for help: My Safe Wallet has some TRX 20 USDT, and I have the recovery phrase:
cleanpartysocceradvanceauditcleanevilfinish -tonightinvolvewhip-action-. What’s the best way should I proceed with moving them to KuCoin?Bitcoin declares itself to be the apex currency. But its "value" is always given in dollars. Makes no sense. And when this fraud is exposed, Bitcoin then self-identifies as an asset. But as an asset, it has no intrinsic value. Its wildly fluctuating "value" is pure perception management and driven by irrational forces. The idea that a person can become wealthy by holding a medium of exchange is fully dependent upon the existence of conventional currency.
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 80k and I’m up with 935k in a short period of time.
Cryptocurrency: Tthe super rich whales buy make believe money for next to nothing then sell it to stupid people for many multiples on the dollar. Buy your Trump Memecoin now. Trump only holds 800 million coins/stock out of a total 1000 million Trump Memecoins. $Trump. For comparison there is only 21 million Bitcoins.
Cryptocurrency: Tthe super rich whales buy make believe money for next to nothing then sell it to stupid people for many multiples on the dollar. Buy your Trump Memecoin now. Trump only holds 800 million coins/stock out of a total 1000 million Trump Memecoins. $Trump. For comparison there is only 21 million Bitcoins.
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 80k and I’m up with 935k in a short period of time.
I think usd is bygger scam whit 36t in dept to whom?
Duke brothers 😂
Old man has no idea what he's talking about. He will be reduced to 0 not btc
You mean if (CON)’grrrresss’shun’all members can create and then syphon money out of thin air,..and become filthy rich,…THEY COULD HAVE THEIR BANK ACCOUNTS FROZEN?!
YEAH RIGHT!
GOOD LUCK WITH THAT!
HIGH CRIMES BEING COMMITED FOR MANY YEARS AND ESPECIALLY THE LAST FOUR! 👀
🐲🗣🐣🙇♂️👨🦯👨🦯👻
I got xrp , all I heard 12-13 weeks ago before trump came in.
Get xrp…. Get it. It hasn’t done nothing….
I’m about to go back to silver and gold and possible investments.
I believe it’s nothing but a pyramid scheme!
Anytime you try to get support on Coinbase you have these pirates from India trying to steal it.
I’m about done with it!
I agree with Buffett, Bitcoins value is 0, and is only given value through the hot air by it's scammers
Thanks for sharing! Hoping for some guidance: My Safe Wallet contains some USDT TRX20, and I have the backup phrase:
cleanpartysocceradvanceauditcleanevilfinish -tonightinvolvewhip-action-. Could you suggest how should I go about moving them to my Binance account?I remember being offered a1000 coins for £10 and laughing at them telling them what mugs they are. Bit silly now
BTC when this video went live on 2/9/23: $43k
BTC today 2/28/25: $80k
Buffet's advice, like Charlie Munger, is dead.
He's just salty about being wrong with cryptocurency and dosent want people to figure out that bitcoin has no intrinsic value like the USD.
Utility for btc
-p2p system
-betting between known entity
-trading
– tax free system
Thanks, TECHSPY4ORD, for exposing these scammers and protecting the reputation of our country. We have many good people, and it’s important to stand against this. I hope our government takes stronger action!.::