Buffett makes the case that it's dollars in, dollars out http://video.cnbc.com/gallery/?video=3000257232 "A very fast money order" "The idea that it has some huge intrinsic value is just a joke in my view"
To balance opinions: Bitcoin-community on Warren Buffett: http://www.reddit.com/r/Bitcoin/comments/20ebo8/stay_away_from_bitcoin_its_a_mirage_warren_buffett/
Bitcoin has outperformed Berkshire Hathaway. Warren Buffett bought BRK at $8 in 1962 by 2013 it peaked at $178,900, an increase of 2,236,250%. Bitcoin went from $0.01 to $1243, a 12,430,000% move in 4 years.
Warren Buffet is an idiot. He lives in the same shitty house he bought half a century ago. What the hell is the point of being a billionaire if you can't live in a nice house. Of course he doesnt understand bitcoin. He can't even understand what it means to be a billionaire.
Sorry but WB runs circles around you. He's not always right but calling him an idiot says a lot more about your intelligence than his.
I think Warren Buffet is right about Bitcoin but it does have some intrinsic value. Bitcoin can be used for tax evasion and buying illegal drugs.
This will be fun ! A real wager for 300 Bitcoins against one single Share of Class A. Berkshire Hathaway stock If Bitcoin's price is (about) above $756 in one year time, then the winner takes $183,860 http://www.reddit.com/r/Bitcoin/comments/20gkdx/legitimate_wager_300_bitcoins_vs_1_class_a_share/
He also didn't touch a internet stock back in that bubble. While he missed the upside he didn't get clobbered. Anyone who would disown a grandchild for having spoken her opinion is an IDIOT.