Jimmy Song Considers Warren Buffett’s Possible Interest In Bitcoin As Being Premature


  • Warren Buffett could be interested in digital currencies
  • Nonetheless, Jimmy Song believes the industry should attract other investors

Bitcoin (BTC) and digital currencies have expanded in the market but they have also received several critics from others individuals and experts. Indeed, they were attacked by traditional investors such as Jamied Dimon or Warren Buffett. Nonetheless, Justin Sun, the CEO of Tron (TRX) , will meet with Buffett and discuss different issues related to cryptocurrencies. Jimmy Song, a recognized Bitcoin developer, said that it’s 10 to 15 years too early for Warren Buffett to enter the space.

Warren Buffett Could Be Entering Too Early To The Market

Jimmy Song wrote a tweet on June 4 in which he says that it’s about 10-15 years too early for Warren Bufett to enter the crypto market. He said that it is important to convince VC’s that are tired of the Initial Coin Offering (ICO) and blockchain hype that affected the space some time ago. He went on saing that pension funds that want portfolio diversification and family offices are also good targets to attract to the market.

Buffett’s attitude towards virtual currencies seems to follow his way of thinking about technology stocks. He has avoided tech companies because he did not understand how the secor worked. This shows that if he does not understand how an industry or sector works, he would not invest on it.

In the past, Buffett called Bitcoin “rat poison squared,” and he said that it was a “delusion” that could only attract “charlatans.” Justin Sun is going to have a difficult task convincing him about digital currencies and Bitcoin.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide