Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on January 07, 2021, 07:00:37 PM

Title: Financial analyst agrees Bitcoin could be 'rat poison,' but not in the way you think
Post by: newshunter on January 07, 2021, 07:00:37 PM

Financial analyst agrees Bitcoin could be 'rat poison,' but not in the way you think

Even crypto industry experts might agree with Warren Buffett’s description of Bitcoin, under this interpretation.

Source: Financial analyst agrees Bitcoin could be 'rat poison,' but not in the way you think (https://cointelegraph.com/news/financial-analyst-agrees-bitcoin-could-be-rat-poison-but-not-in-the-way-you-think)

Would appreciate your opinion about this

Title: Re: Financial analyst agrees Bitcoin could be 'rat poison,' but not in the way you think
Post by: TomPluz on January 08, 2021, 04:05:58 AM

The rat is what? Hmmm...that can actually be the correct analogy in there by Bill Miller. What we have in the current financial system using the fiat money as controlled by the government is not sufficient and efficient enough, so we need an alternative and this is what cryptocurrency is providing. Though I must say that it too is not perfect but definitely much better. I am hoping that BTC will not one day end up under the control of financial institutions and will be really in the hands of the people - hopefully not just another wishlist in the future.