Buffett, “the sociopathic grandfather of Omaha,” in his view of bitcoin: Aim

At a bitcoin conference on Thursday, billionaire venture capitalist Peter Till said Warren Buffett heads a “list of enemies” of people trying to stop cryptocurrency.

“The number one enemy,” Till told the Miami crowd, “is a sociopathic grandfather from Omaha.” Berkshire Hathaway Buffett is located in Omaha, Heaven.

The target, which reportedly amassed hundreds of millions of dollars in bitcoins by 2018 through venture firm Founders Fund, also named JPMorgan CEO Jamie Diamond and BlackRock CEO Larry Fink. Till presented a large graphic with images of the two financial executives and their bearish comments about bitcoins.

All images contained the word “gerontocracy”. As for Diman, Till said his views are part of “New York bankers’ bias.”

Peter Till

VCG / VCG Getty Images

Till picked up a shot in Buffett’s head with the words “rat poison,” referring to a time when Berkshire’s CEO rejected bitcoin using that phrase. Another quote from Buffett: “I do not own and never will.” Earlier this year, Berkshire invested $ 1 billion in Brazil’s Nubank, an online bank popular with crypto investors.

The Miami tirade is Till’s latest and most daring public attack on people he believes are on the path to bitcoin progress.

“This is what we have to fight for for bitcoin to grow 10 or 100 times,” Till said.

He added that these investors are well promoting blockchain, the technology behind cryptocurrency, but feel the need to eliminate bitcoin and its legitimacy.

“If they decide not to distribute bitcoin, it’s a deeply political choice,” said Till, a prominent supporter of Republican politicians, most notably former President Donald Trump. Buffett, Till said, is investing in a “wake-up list.”

At one point, Till presented a colorful photo of Miami next to the word “youth”.

“We have to say you have to take this on board,” he said.

A Berkshire Hathaway spokesman did not immediately respond to a request for comment, and a JPMorgan spokesman declined to comment on the story.

A BlackRock spokesman drew CNBC’s attention to comments made by Fink in his letter to shareholders last month. He wrote that Russia’s invasion of Ukraine could accelerate the adoption of digital currencies, and said that “a well-designed global digital payment system can improve the settlement of international transactions by reducing the risk of money laundering and corruption.”

Buffett, “the sociopathic grandfather of Omaha,” in his view of bitcoin: Aim

Source link Buffett, “the sociopathic grandfather of Omaha,” in his view of bitcoin: Aim

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