If something is "virtual," does it really exist? This question has haunted us since the beginning of our journey as Homo sapiens. When it comes to Bitcoin and other cryptocurrencies, this is an important question. You can buy and sell stocks, bonds, paper currencies and commodities like corn and wheat. They exist in the real world. You can physically deliver them, although they mostly are represented in electronic form.
Which brings us to Warren Buffett, one of the greatest investors ever, who recently noted: “You can’t value bitcoin because it’s not a value-producing asset...it's a real bubble in that sort of thing.”
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