Buffet probably not the guy to listen to on bitcoinPersonally Im...

Buffet probably not the guy to listen to on bitcoin

Personally Im not overly bullish on Bitcoin specifically, but digital currencies in general - some already invented, some yet to be.

Bitcoin was the first - it has literally no other advantage over most of the other cryptocurrencies.

Sort of like a Michael Jordan rookie card - it should always attract a premium, but in 50 years when there are digital currencies 50X more advanced than Bitcoin, will it be used as a currency or more a collector's item?

Will the best digital currencies be "overtaken" by governments and legitimised?

Highly possible.

Could a big company like Google takeover a digital currency by offering a premium by all holders? Also possible.

Either of those scenarios would legitimise the currency, but also divert it from its original intention - to be truly peer to peer, without any interference from a Google or a PayPal or a Visa or a Govt.

Very interested to see how these things evolve over the next few decades.

Ill be releasing one myself next year sometime, that should be especially interesting!

Sold at 10.5c as stated, looking to buy back in at 5.5c or so, or will wait until consol and relist