Max Keizer criticises Warren Buffet: "Destroyed his reputation with criticism of BTC"

in #bitcoin5 years ago

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After Berkshire Hathaway reported a $ 50 billion loss in the first quarter, Max Keizer took the opportunity to criticise Warren Buffett. On Twitter, Keizer claimed that Buffett is completely outdated and the recent investment error is a sign that there is no need for people to take him seriously. It's about the fact that Buffett's company, Berkshire Hathaway, has invested significantly in shares of American airlines. With the spread of the COVID-19 pandemic, this industry suffered greatly, and stock prices plummeted. Berkshire Hathaway had to get rid of the investment quickly, suffering massive losses.

He has money for the entire amount of Bitcoin in the market.

Anthony Pompliano ironically replied that Buffett currently has enough money to buy the entire amount of Bitcoin in the market.

However, both Pompliano and Changpeng Zhao (CZ) pointed out that no real HODLer would sell Bitcoin to Buffett. He frequently demonstrated a critical attitude towards cryptocurrency, even after Justin Sun tried to convince him of the importance of Bitcoin.

However, the 89-year-old billionaire said blockchain technology seems important for the economic future.