Peter Schiff: Buffett will not buy bitcoin
Gold promoter and Bitcoin rival Peter Schiff tweeted that the Bitcoin promoter took advantage of Buffett's decision to buy gold from Barrick. (They think) Now that Buffett has changed his mind about gold, he may change his mind about Bitcoin too. He called gold an invaluable asset, calling Bitcoin "the poisoned square rat". Buffett will not buy Bitcoin! Buffett's decision to buy Barrick Gold instead of Bitcoin or GBTC is a further allegation against Bitcoin. Buffett clearly does not view Bitcoin as a threat to gold or the management of gold as a security asset. Buffett knows the gold is there and Bitcoin is just a fan of flash. Bitcoin supporters say key companies will follow Buffett in mining gold and silver, buying Bitcoin before Buffett. Buffett's decision legalizes gold and mining, but does not support Bitcoin in any way.
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