Warren Buffet hating Crypto does not make him “stupid” or so. He just simply does not have the ability to adapt with the market anymore, reasonable if you have been in there for so many decades.
As Warren Buffet and Charlie Munger made some interesting claimed on Crypto and especially Bitcoin yesterday during their shareholder meeting. Many got very mad at them as they trashed Crypto calling it straight up "stupid", definitely not reasonable. But does it make us any better if we call them straight up stupid too?
Many directly started calling Warren Buffet stupid. Which is not really true, he has been in this market for more than 99% of us here lived in this world. It's sure to say that he knows it. He did not make billions by guessing. Also he made some remarkabke statements calling Wall Street a "gambling market" which I think all of us agree on.
Warren Buffet is simply old, yes old. He has been in there for so long and has done so much that he is just like fuck it. He apparently does not want to adapt anymore with the market, which is respectable as he went through decades of volatile adoptions and just is "tired".
submitted by /u/partymsl
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