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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Friday, April 8, 2022

Cryptocurrencies, Warren Buffett and Peter Thiel



Just today Peter Thiel criticised Warren Buffett's negative stance on Bitcoin and other cryptocurrencies.

That said Warren Buffett has a large stake in the Brazilian cryptocurrency bank Nubank.

I think both Warren Buffett and Peter Thiel are right, but in a different time span. But may be Peter Thiel has not followed Warren Buffett long enough to know that arguably the world's greatest investor changes his mind and opinion on investments from time to time. And Buffett's Berkshire Hathaway does own a large stake in Apple which makes around half of its 140 billion USD investment portfolio. Berkshire Hathaway owns Amazon, as well.

In my opinion, Bitcoin, other cryptocurrencies and the related blockchain algorithm will thrive in the future, because they provide efficiencies.


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