Let's Trade Together - Forex, Crypto and Stocks

3 Reasons why Warren Buffett hates Bitcoin   Warren Buffett  is an American investor, business tycoon, philanthropist, and the chairman and CEO of Berkshire Hathaway. He is most successful investors of all time..   If there's one thing Warren Buffett will never  ever  invest in, it's Bitcoin -- or any form of cryptocurrency . He's called it "rat poison squared," a "mirage," and a "gambling device." So Question is why he hates this miracle digital coin/currency ? Buffett doesn’t like Bitcoin because he considers it an unproductive asset. 1. Doesn't have a value like equity or commodity    Buffett has a well-known preference for stocks of companies whose asset value, goodwill and cash flow come from producing things. But cryptocurrencies don’t have real value, Buffett said in a CNBC interview in 2020. “They don't reproduce, they can't mail you a check, they can't do anything, and what you hope is that somebody else comes along a...

 A cryptocurrency is a digital currency that uses cryptography as a means of security. Most cryptocurrencies operate without the need for a central authority like a bank or government, and operate instead through a distributed ledger to spread power among its community. A cryptocurrency has a set, defined monetary policy, whether it is a fixed limit of tokens or allowing the creation of new tokens based on predetermined rules. Cryptography Cryptocurrencies use cryptographic protocols, or extremely complex code systems that encrypt sensitive data transfers, to secure their units of exchange. Cryptocurrency developers build these protocols on advanced mathematics and computer engineering principles that render them virtually impossible to break, and thus to duplicate or counterfeit the protected currencies. How does it work? The distributed ledger that holds cryptocurrency transactions is known as a blockchain. A blockchain consists of blocks, which hold individual transaction ...