Warren Buffett explains one thing people still don't understand about bitcoin

When it comes to bitcoin, billionaire investor Warren Buffett wants to make one thing clear: Unlike buying stocks, bonds or real estate, buying bitcoin is not an investment. That's because it lacks intrinsic value, Buffett says. "If you buy something like bitcoin or some cryptocurrency, you don't have anything …
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The Wealthy Want Crypto but Don’t Understand It, Survey Shows (news.bitcoin.com)

The world’s richest people are putting more and more money into cryptocurrency, despite the fact they don’t understand it very well, a new report reveals. Terms like “distributed ledger” and “blockchain” are not especially familiar to the wealthy, according to their advisers. The widespread misunderstanding about the technology behind bitcoin seems to have little or no effect on the attractiveness of crypto investments however.   
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Bitcoin

It's gonna take patience fellas. We must understand that. (reddit.com)

The past 4-6 months were so ridiculous insane for Bitcoin. Some people jumped in thinking this market behavior was the norm, 3-5x… returns all day right? Lets not forget that the vets and lambo pimps everyone is envious off hedl and increased positions though a drop from >1000 to like 4 or some super crazy shit like that (not gonna look up the actual numbers). To make the matters even worse, bitcoin froze around those lows for years! Fucking years dude! Years of “oh shit, wtf just…

Bitcoin

This 11-year-old just wrote a book on bitcoin that hopefully a kid can understand

Given the run-up in prices last year, when bitcoin surged almost 17-fold, Courey wasn't sold on the currency as an investment. But knowing that his son was looking for sources of "passive income," Jeff Courey, Andrew's dad, convinced him to write and sell a book that could put all his research to good …
Google Alert – bitcoin