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The CEO of cryptocurrency exchange Binance says that he and Berkshire Hathaway CEO Warren Buffett share a similar investment strategy. However, he said he would not convince the Oracle of Omaha to invest in cryptocurrency. “I get worried if he uses crypto. He may not have the necessary skills or the knowledge on how to […]Powered by WPeMatico
A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable of delivering on its promise of becoming an alternative store […]Powered by WPeMatico
The MicroStrategy boss thinks Bitcoin is a form of property and points out that the U.S. Government is not threatened by other forms of property.
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Robinhood Markets Inc., the American financial services company headquartered in Menlo Park, California, has seen its initial public offering (IPO) delayed by the U.S. Securities and Exchange Commission (SEC). According to a report citing “people familiar with the matter” the SEC is questioning Robinhood’s cryptocurrency business. SEC Questions Robinhood’s Crypto Dealings, IPO Delayed Robinhood was […]Powered by WPeMatico
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, says he hates bitcoin’s success. “I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth,” Munger said. Buffett, on the other hand, dodged the question about bitcoin because he did not want to upset the sheer number of investors who […]Powered by WPeMatico
Fund Manager and founder of Miller Value Partners, Bill Miller says holding bitcoin is better than holding cash because the digital asset is immune to the bad policies of the U.S. Federal Reserve. Writing in the 2020 Q4 Market Letter, Miller explains that some companies are already converting to bitcoin in order to avoid incurring […]
The post Fund Manager Bill Miller Lauds BTC- Says ‘Bitcoin Could Be Rat Poison, and the Rat Could Be Cash’ appeared first on Bitcoin News.
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For many years, the business tycoon Warren Buffet has condemned bitcoin as an investment telling people that the crypto asset is nothing but gambling. Two years ago, just before a Berkshire Hathaway 2018 annual shareholder meeting, Buffet said bitcoin is “probably rat poison squared.” Despite the investor’s criticism, the crypto asset’s market capitalization has surpassed […]
The post ‘Noxious Poison’ – Bitcoin’s Market Cap Surpasses Warren Buffet’s Berkshire Hathaway Valuation appeared first on Bitcoin News.
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The infamous “Bitcoin Obituaries” has seen another addition to the long list of deaths since bitcoin’s oldest death on December 15, 2010. According to the list of articles with 382 deaths to-date, bitcoin was declared dead again on September 4, 2020. Ever since Satoshi Nakamoto released the decentralized network, a number of people have doubted […]
The post Bitcoin Obituaries Lists Another Crypto Eulogy, 2020 BTC Deaths in the Single Digits appeared first on Bitcoin News.
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Robert Kiyosaki, the author of the best-selling book “Rich Dad, Poor Dad,” explained this week that time is running out as a “major banking crisis is coming fast.” The best selling author says now is “not a time to think about it” and said people should start considering leveraging precious metals and bitcoin. Robert Kiyosaki […]
The post Rich Dad, Poor Dad Author Says ‘Major Banking Crisis Coming,’ Praises Bitcoin and Gold appeared first on Bitcoin News.
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Exchange data and statistics from Google Trends, Twitter, and Baidu show that despite the recent price drop people are looking to buy bitcoin. During the week of the crypto market massacre that started on March 12, Coinbase broke traffic records and witnessed considerable trade volumes. Similarly, the trading platform Kraken saw an 83% increase in […]
The post ‘Buy Bitcoin’ Searches Skyrocket, Exchange Volumes Spike, Crypto Account Signups Swell 83% As Coronavirus Fears Heighten appeared first on Bitcoin News.
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