\nhttps:\/\/twitter.com\/saylor\/status\/1520530701535354881?s=20&t=Z7SiZYaVUnkzR6XzuRvvtw\n<\/div><\/figure>\n","post_title":"Warren Buffett Reiterates His Negative Stance Against Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"warren-buffett-reiterates-his-negative-stance-against-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:08","post_modified_gmt":"2023-04-30 11:36:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4760","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\u201cIn the first place, it\u2019s stupid because it\u2019s still likely to go to zero. It\u2019s evil because it undermines the Federal Reserve System... and third, it makes us look foolish compared to the Communist leader in China. He was smart enough to ban bitcoin in China.\u201d<\/p>Charlie Munger, Berkshire Hathaway Annual Shareholder Meeting<\/cite><\/blockquote><\/figure>\n\n\n\n
\nhttps:\/\/twitter.com\/saylor\/status\/1520530701535354881?s=20&t=Z7SiZYaVUnkzR6XzuRvvtw\n<\/div><\/figure>\n","post_title":"Warren Buffett Reiterates His Negative Stance Against Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"warren-buffett-reiterates-his-negative-stance-against-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:08","post_modified_gmt":"2023-04-30 11:36:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4760","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Along with Buffet, Charlie Munger also holds his stance against Bitcoin. Munger claims that Bitcoin is both 'evil', and 'stupid', and makes him 'look bad'. <\/p>\n\n\n\n
\u201cIn the first place, it\u2019s stupid because it\u2019s still likely to go to zero. It\u2019s evil because it undermines the Federal Reserve System... and third, it makes us look foolish compared to the Communist leader in China. He was smart enough to ban bitcoin in China.\u201d<\/p>Charlie Munger, Berkshire Hathaway Annual Shareholder Meeting<\/cite><\/blockquote><\/figure>\n\n\n\n
\nhttps:\/\/twitter.com\/saylor\/status\/1520530701535354881?s=20&t=Z7SiZYaVUnkzR6XzuRvvtw\n<\/div><\/figure>\n","post_title":"Warren Buffett Reiterates His Negative Stance Against Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"warren-buffett-reiterates-his-negative-stance-against-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:08","post_modified_gmt":"2023-04-30 11:36:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4760","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\u201cNow if you told me you own all of the bitcoin in the world and you offered it to me for $25 I wouldn\u2019t take it because what would I do with it? I\u2019d have to sell it back to you one way or another. It isn\u2019t going to do anything. The apartments are going to produce rent and the farms are going to produce food,\u201d <\/p>Warren Buffet, Berkshire Hathaway Annual Shareholder Meeting<\/cite><\/blockquote><\/figure>\n\n\n\n
Along with Buffet, Charlie Munger also holds his stance against Bitcoin. Munger claims that Bitcoin is both 'evil', and 'stupid', and makes him 'look bad'. <\/p>\n\n\n\n
\u201cIn the first place, it\u2019s stupid because it\u2019s still likely to go to zero. It\u2019s evil because it undermines the Federal Reserve System... and third, it makes us look foolish compared to the Communist leader in China. He was smart enough to ban bitcoin in China.\u201d<\/p>Charlie Munger, Berkshire Hathaway Annual Shareholder Meeting<\/cite><\/blockquote><\/figure>\n\n\n\n
\nhttps:\/\/twitter.com\/saylor\/status\/1520530701535354881?s=20&t=Z7SiZYaVUnkzR6XzuRvvtw\n<\/div><\/figure>\n","post_title":"Warren Buffett Reiterates His Negative Stance Against Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"warren-buffett-reiterates-his-negative-stance-against-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:08","post_modified_gmt":"2023-04-30 11:36:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4760","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The point was bought up that Bitcoin does have utility, being in its payment system. Buffett responded that the dollar still remains the top currency in the world and that there may even be other forms of digital financial assets in the future that overtake Bitcoin.<\/p>\n\n\n\n
\u201cNow if you told me you own all of the bitcoin in the world and you offered it to me for $25 I wouldn\u2019t take it because what would I do with it? I\u2019d have to sell it back to you one way or another. It isn\u2019t going to do anything. The apartments are going to produce rent and the farms are going to produce food,\u201d <\/p>Warren Buffet, Berkshire Hathaway Annual Shareholder Meeting<\/cite><\/blockquote><\/figure>\n\n\n\n
Along with Buffet, Charlie Munger also holds his stance against Bitcoin. Munger claims that Bitcoin is both 'evil', and 'stupid', and makes him 'look bad'. <\/p>\n\n\n\n
\u201cIn the first place, it\u2019s stupid because it\u2019s still likely to go to zero. It\u2019s evil because it undermines the Federal Reserve System... and third, it makes us look foolish compared to the Communist leader in China. He was smart enough to ban bitcoin in China.\u201d<\/p>Charlie Munger, Berkshire Hathaway Annual Shareholder Meeting<\/cite><\/blockquote><\/figure>\n\n\n\n
\nhttps:\/\/twitter.com\/saylor\/status\/1520530701535354881?s=20&t=Z7SiZYaVUnkzR6XzuRvvtw\n<\/div><\/figure>\n","post_title":"Warren Buffett Reiterates His Negative Stance Against Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"warren-buffett-reiterates-his-negative-stance-against-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:08","post_modified_gmt":"2023-04-30 11:36:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4760","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
During this year's Berkshire Hathaway Shareholder Meeting, Buffett compared Bitcoin to a tested asset such as real estate. He believes that for an asset that doesn't have tangible returns like rent then there isn't much utility to the product, stating \"one thing I\u2019m pretty sure of is that it doesn\u2019t produce anything.\u201d<\/p>\n\n\n\n
The point was bought up that Bitcoin does have utility, being in its payment system. Buffett responded that the dollar still remains the top currency in the world and that there may even be other forms of digital financial assets in the future that overtake Bitcoin.<\/p>\n\n\n\n
\u201cNow if you told me you own all of the bitcoin in the world and you offered it to me for $25 I wouldn\u2019t take it because what would I do with it? I\u2019d have to sell it back to you one way or another. It isn\u2019t going to do anything. The apartments are going to produce rent and the farms are going to produce food,\u201d <\/p>Warren Buffet, Berkshire Hathaway Annual Shareholder Meeting<\/cite><\/blockquote><\/figure>\n\n\n\n
Along with Buffet, Charlie Munger also holds his stance against Bitcoin. Munger claims that Bitcoin is both 'evil', and 'stupid', and makes him 'look bad'. <\/p>\n\n\n\n
\u201cIn the first place, it\u2019s stupid because it\u2019s still likely to go to zero. It\u2019s evil because it undermines the Federal Reserve System... and third, it makes us look foolish compared to the Communist leader in China. He was smart enough to ban bitcoin in China.\u201d<\/p>Charlie Munger, Berkshire Hathaway Annual Shareholder Meeting<\/cite><\/blockquote><\/figure>\n\n\n\n
\nhttps:\/\/twitter.com\/saylor\/status\/1520530701535354881?s=20&t=Z7SiZYaVUnkzR6XzuRvvtw\n<\/div><\/figure>\n","post_title":"Warren Buffett Reiterates His Negative Stance Against Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"warren-buffett-reiterates-his-negative-stance-against-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:08","post_modified_gmt":"2023-04-30 11:36:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4760","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets.<\/p>\n","post_title":"Algorand Is The Offical Blockchain Of FIFA","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"algorand-is-the-offical-blockchain-of-fifa","to_ping":"","pinged":"","post_modified":"2022-05-03 21:05:28","post_modified_gmt":"2022-05-03 11:05:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4760,"post_author":"1","post_date":"2022-05-02 22:05:29","post_date_gmt":"2022-05-02 12:05:29","post_content":"\n
Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets.<\/p>\n","post_title":"Algorand Is The Offical Blockchain Of FIFA","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"algorand-is-the-offical-blockchain-of-fifa","to_ping":"","pinged":"","post_modified":"2022-05-03 21:05:28","post_modified_gmt":"2022-05-03 11:05:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4760,"post_author":"1","post_date":"2022-05-02 22:05:29","post_date_gmt":"2022-05-02 12:05:29","post_content":"\n
Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets.<\/p>\n","post_title":"Algorand Is The Offical Blockchain Of FIFA","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"algorand-is-the-offical-blockchain-of-fifa","to_ping":"","pinged":"","post_modified":"2022-05-03 21:05:28","post_modified_gmt":"2022-05-03 11:05:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4760,"post_author":"1","post_date":"2022-05-02 22:05:29","post_date_gmt":"2022-05-02 12:05:29","post_content":"\n
Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets.<\/p>\n","post_title":"Algorand Is The Offical Blockchain Of FIFA","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"algorand-is-the-offical-blockchain-of-fifa","to_ping":"","pinged":"","post_modified":"2022-05-03 21:05:28","post_modified_gmt":"2022-05-03 11:05:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4760,"post_author":"1","post_date":"2022-05-02 22:05:29","post_date_gmt":"2022-05-02 12:05:29","post_content":"\n
Although crypotcurrency is banned in Qatar, the event garners huge coverage every 4 years. Last World Cup was viewed by over 3.2 billion people, so the tradeoff seems like a good deal for the sponsors.<\/li><\/ul>\n\n\n\n
Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets.<\/p>\n","post_title":"Algorand Is The Offical Blockchain Of FIFA","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"algorand-is-the-offical-blockchain-of-fifa","to_ping":"","pinged":"","post_modified":"2022-05-03 21:05:28","post_modified_gmt":"2022-05-03 11:05:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4760,"post_author":"1","post_date":"2022-05-02 22:05:29","post_date_gmt":"2022-05-02 12:05:29","post_content":"\n
FIFA president, Gianni Infantino is looking foward to \"a long and fruitful partnership with Algorand,\" as \"the collaboration is a clear indication of FIFA\u2019s commitment to continually seeking innovative channels for sustainable revenue growth for further reinvestment back into football ensuring transparency to our stakeholders and world-wide football fans.\"<\/li><\/ul>\n\n\n\n
As apart of the deal, Algorand will assist FIFA in developing its 'digital assets strategy'. This could hint at FIFA releasing NFTs, as the technology was described in the announcement.<\/li><\/ul>\n\n\n\n
FIFA president, Gianni Infantino is looking foward to \"a long and fruitful partnership with Algorand,\" as \"the collaboration is a clear indication of FIFA\u2019s commitment to continually seeking innovative channels for sustainable revenue growth for further reinvestment back into football ensuring transparency to our stakeholders and world-wide football fans.\"<\/li><\/ul>\n\n\n\n
Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets.<\/p>\n","post_title":"Kraken Exchange Opens Waitlist For An Upcoming NFT Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"kraken-exchange-opens-waitlist-for-an-upcoming-nft-platform","to_ping":"","pinged":"","post_modified":"2022-05-04 17:30:03","post_modified_gmt":"2022-05-04 07:30:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4799","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4780,"post_author":"1","post_date":"2022-05-03 21:03:17","post_date_gmt":"2022-05-03 11:03:17","post_content":"\n
Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets.<\/p>\n","post_title":"Kraken Exchange Opens Waitlist For An Upcoming NFT Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"kraken-exchange-opens-waitlist-for-an-upcoming-nft-platform","to_ping":"","pinged":"","post_modified":"2022-05-04 17:30:03","post_modified_gmt":"2022-05-04 07:30:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4799","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4780,"post_author":"1","post_date":"2022-05-03 21:03:17","post_date_gmt":"2022-05-03 11:03:17","post_content":"\n
Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets.<\/p>\n","post_title":"Kraken Exchange Opens Waitlist For An Upcoming NFT Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"kraken-exchange-opens-waitlist-for-an-upcoming-nft-platform","to_ping":"","pinged":"","post_modified":"2022-05-04 17:30:03","post_modified_gmt":"2022-05-04 07:30:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4799","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4780,"post_author":"1","post_date":"2022-05-03 21:03:17","post_date_gmt":"2022-05-03 11:03:17","post_content":"\n
Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets.<\/p>\n","post_title":"Kraken Exchange Opens Waitlist For An Upcoming NFT Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"kraken-exchange-opens-waitlist-for-an-upcoming-nft-platform","to_ping":"","pinged":"","post_modified":"2022-05-04 17:30:03","post_modified_gmt":"2022-05-04 07:30:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4799","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4780,"post_author":"1","post_date":"2022-05-03 21:03:17","post_date_gmt":"2022-05-03 11:03:17","post_content":"\n