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Re: None

Monday, 12/25/2017 6:42:24 AM

Monday, December 25, 2017 6:42:24 AM

Post# of 21720
Buffet Claims "Bitcoin-No-Intrinsic-Value" --- I--RESPECTFULLY--DISAGREE!!! .....

Mr. Buffet appears to be a "world-famous icon" as an Investor and person of extreme wealth ..... yet .... he has clearly missed several of the most lucrative growth strategies of modern times connected with the Internet and the exponential emergence of digital technology ..... along with difficult to quantify consumer interests ..... Modern trends can suddenly emerge like Elvis ..... Madonna ..... and the Beetles ..... Who can say they "knew" these "social-forces" were coming ?

Mr Buffet has been willing to state on the public record that ..... "Bitcoin has no intrinsic value" as an investment and "appears to be a mirage" ..... therefore it should be cast aside ...... I beg to disagree !!! .....

One could also assert that Friendship ..... Loyalty .... and Love ..... have no seeming "intrinsic value" ..... yet their absence or betrayal can lead to devastating and often fatal consequences ..... I doubt Mr. Buffet believes these three "intangibles" need to be cast aside because they lack concrete substance like "brick and mortar" ..... So perhaps ..... a willingness to open oneself to another dimension of awareness and valuation may be in order ? .....

I see the foundation of Bitcoin´s value as its "collective agreement to cement support" as a process of exchange designed to streamline trade and prevent "greedy-hands" from capturing a "slice of the action" ..... while embracing transparency .....

Few question that the inherent nature of regulatory oversight invites manipulative interests to corrupt the system toward self-serving elite special interests ..... From my perspective ..... "regulatory oversight" has been a major force of deception and has nurtured corrupting self-centered control from the very beginning ..... And Congress has seemingly provided minimal help bringing fourth ethical and moral direction ..... while self-interests continue "pitching" generous contributions into the issue .....

If our most important values require a physical dimension to be deemed worthy ..... then one seems vulnerable to causative effects related to dismissing the invisible "magic touch" obtained from friendship ..... loyalty ..... and love ..... Thanks to Mr. Buffet for bringing this crucial issue "into the light of day" .....

With the spirit of a Merry Christmas and Season´s Greetings to All !!!

Best Wishes