I can definitely see why Warren Buffett takes this stance. Bitcoin is not a company or an engine and as such does not "produce" anything. However, if you take two steps back, I would argue that people who buy (the right) crypto are actually investing. They are investing in a new world with different characteristics. Steemit instead of Facebook. Bitcoin instead of Lehman Brothers. We are investing in transparency, censorship-resistance, accountability.
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agree with you