RATE Group | Bitcoin Will Thrive When Naysayers Like Warren Buffett Will Be ‘Pile of Dust’
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Bitcoin Will Thrive When Naysayers Like Warren Buffett Will Be ‘Pile of Dust’

28 Sep Bitcoin Will Thrive When Naysayers Like Warren Buffett Will Be ‘Pile of Dust’

Posted at 22:58h in Bitcoin News by

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The opinions of billionaire Bitcoin naysayers Warren Buffett and Charlie Munger will be obsolete in 20 years as both will be “a pile of dust” and Bitcoin will endure.

Generational Differences

That was the conclusion drawn by research this week about the huge differences between the older and younger generation when it comes to the cryptocurrency.

Using data from Fundstrat Global Advisors and Bankrate, Captain Altcoin and Accept.io’s Admir Tulic notes that Buffett and Munger broadly characterize an aging baby boomer generation struggling to keep up with advances in technology.

The pair had become infamous in cryptocurrency circles earlier this year when they variously described Bitcoin as “rat poison squared,” “turds,” “freshly-harvested baby brains” and more.

“The kid with the smartphone will very likely be an inhabitant of this planet in 20 years. A 94-year-old will be a pile of dust in 20 years,” Tulic summarizes.

Who will affect the world of the future…

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