Warren Buffett gets from the cryptocurrency community.
After the world-famous investor once allowed himself to criticize bitcoin and cryptocurrencies, and in no uncertain terms, the cloud mining company Genesis Mining did not miss the opportunity to publicly taunt the investor, placing beside his office, a Billboard with the question:
Warren, you admitted that you were wrong in the assessment of Google and Amazon. Maybe you are wrong about bitcoin?
About the shield became known, when the co-founder of Icelandic enterprises Marco Krohn (pictured above) published pictures of the Billboard on Twitter.
In early may, Buffett and his partner’s company, Berkshire Hathaway Charlie Munger collapsed on bitcoin, calling it “repugnant” and “rat poison”. Speaking at the conference of investors of Berkshire Hathaway, Buffett said:
The cryptocurrency destined to an inglorious end, because the asset does not produce any value. In addition, there is a problem as a set of charlatans, creating exchanges or various other projects.
Munger even sharper critic of bitcoin. In the past he claimed to trade the most popular cryptocurrency is far removed from the “huge profits generated from the sale of fresh brains of the babies.”
Such statements were bound to lead to trolling in the address of the specified couples. It was only a matter of time.
This is not the first creative writing of this kind from Genesis Mining. Earlier, after the head of JPMorgan Jamie Daimon that “bitcoin is Scam”, the service also printed out a Billboard to appeal to the banker:
“You’re right, Jimmy: Bitcoin will take your lunch”
Despite the view of Buffett and Munger, companies with wall street are beginning to show increasing optimism about the cryptocurrency trade. Perhaps Goldman Sachs is the largest of the traditional companies intending to launch futures trading for bitcoin (it already hired the appropriate professionals). The position of the traditional capitalists began to change last year when the Cboe and the CME started trading bitcoin futures.