People who buy bitcoin are simply betting that the price will go up

For those of you devoted to decoding Buffett's every pronouncement, his meaning is clear: Bitcoin is not tangible investment. It don't generate earnings or pay dividends. How do you really value Bitcoin if it have no intrinsic or "book" value? And people who buy bitcoin are simply betting that the price will go up.

State
7 years ago
Posts
Write answer
Goall
7 years ago

It generates money for miners, they creates Bitcoins and get paid for it. How do you value US dollar? How much cost paper?:)

+1Useful
Buffetbitcoin pricebitcoin
Close
Share this url with your friend via email
Your email:
To email:
Your message:
People who buy bitcoin are simply betting that the. It generates money for miners, they creates Bitcoins and get paid for it. How do you value US dollar? How much cost paper?:)...
Your email has been successfully sent to your friend.
Close
Answer
Your name:
Email:
Your answer:
Your post was confirmed and successfully published on Currexy.com.
Do you have questions?
Keep in touch by email
info@currexy.com
Currency converter
Currency market
Cryptocurrency market
Best currency exchange tool.
Accurate currency conversion!
2024 © Currexy.com - Best currency exchange tool, currency converter of world currencies and cryptocurrencies.
Accurate live currency data, live charts, currency analysis, news, world banknotes.
 
Close