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"but Bitcoin is a digital alternative that is gaining acceptance and adoption around the world." If by that they mean 'losing adoption and acceptance around th
by jariel 7y ago
"but Bitcoin is a digital alternative that is gaining acceptance and adoption around the world."
If by that they mean 'losing adoption and acceptance around the world' then, sure.
BTC has obviously lost the game at being any kind of 'currency' and as a real store of value beyond the speculative type, it's not quite there.
Are there any serious funds putting BTC in their portfolio as a matter of regular discourse?
When Buffet pulled out of stocks and went 'cash' a few years ago, did he allocated 4% to BTC? No, why not?
The industry is in a death-march, the path forward for blockchain, and such things is not quite clear.
- everfree 7y agoTo be fair, Buffett doesn't invest in anything he doesn't fully understand, and his strong suit is corporate fundamental analysis.