Quote:
Originally Posted by Denny B
Elaborating on his remarks, Buffett said bitcoin is "a very effective way of transmitting money, and you can do it anonymously and all that." He added: "A check is a way of transmitting money, too. Are checks worth a whole lot of money just because they can transmit money?"
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I think this is the important observation. There needs to be a separation in the discussion of the usefulness of bitcoin (or other cryptos) versus the value of investing in bitcoin.