RE: Why Warren Buffet and Charlie Munger Are Wrong About Bitcoin!

I really enjoyed this read!
Quite interesting.

I think Mr. Buffet and Mr. Munger just have a very different idea of what a value system means.
They come from a generation where innovation with value systems must one way or the other be tied to something centralized or something tangible.

If Bitcoin was centralized and it's value was directly tied to real currencies, they might just have different views about it.
But on the contrary, cryptocurrency is based on an almost totally different structure, untouchable by current world systems and centralized institutions.

All what cryptocurrency needs is a sustained increase in adoption in use cases in everyday life for it to become as relevant or even more relevant compared to centralized value systems in our world today.

As things appear currently, the future of the blockchain looks bright. However, things change very fast nowadays. In a split second one decision can change so many things. So we might not be able to exactly predict how well or how fast the decentralised economy would become an unrefutably established system within our centralized spaces.

But until then, it's obvious that decentralised systems are very effective in getting things done as compared to the bureaucracies of the contrary. This alone makes it worth every penny of investment.