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Bitcoin Munger

Publish: 2021-05-23 18:37:36
1. Investors asked Mr. Buffett what he thought of bitcoin, which has been popular recently. In this regard, both Mr. Buffett and Mr. Munger said they knew nothing about this and clearly pointed out that they were not optimistic about this virtual currency. "None of our $49 billion in cash is bitcoin," Mr. Buffett said Munger said, "bitcoin will not become a universal currency. I have no confidence in it. "
2.

The answer is yes. < / EM >

① the rise of Warren Buffett

Warren Buffett does not look at the valuation, only looks at the quarterly financial statements, and makes analysis and investment according to the quarterly financial statements. Only if the investment cycle is long enough can quarterly analysis work

Therefore, most of his investments are in instries closely related to our lives, such as banking, medicine, oil and beverage. These are traditional instries that everyone touches every day. These companies can maintain a good upward trend

and digital currency is more difficult to understand than the Internet of things. Digital currency has no concept of cash flow and quarterly financial statements. It can only carry out basic valuation according to the comparison of similar projects, and there is no clear valuation model

based on financial statements, Warren Buffett certainly can't accept such a minimalist financial report, an incomprehensible and imprecise economic model, which may be explained only by a fraud in his eyes. In Buffett's eyes, digital currency has no intrinsic value support

3. Some of the tasks in the legendary world's King City Mission are to be handed over to the mission mine. Some task mines are difficult to dig, such as 12 copper mines and 13 iron mines. These relatively difficult task mines are very valuable. The common task mines are as follows:
iron ore: 8 iron, 10 iron, 13 iron, 15 iron, more than 15 iron
copper ore: 12 copper, 15 copper, more than 15 copper
silver ore: more than 15 silver ore
blackbody:
more than 10 black iron
in addition to the task mine required by the Royal City Mission, other mines, such as gold, silver, copper and iron with purity of more than 15 plus a piece of wood, You can use it to forge your destiny. If you are lucky, you can forge your destiny at level 35, especially the soldier's. Black iron of various purity can be used to upgrade weapons, and black iron of purity more than 20 can be used to forge Dark Armor of stepping on cloud. The price of task mines varies from district to District, and the price of all kinds of task mines is also different. For example, the price of black iron above 20 is 100W in our district, and the price of black iron of 20 in our district is 1 yuan. So a lot of people can make money by mining~~~
4. The first time you dig a mine, a dialog box will pop up to let you answer a question. If you answer wrong, it will appear "you are still in the punishment period of mining and can't dig ore for the time being". Then you can't dig anything. The punishment lasts about 15 minutes. You can't go offline, just hang up, then answer the question and dig again
5.

On May 1, bitcoin broke through the $58000 mark, with a 24-hour increase of nearly 9%. In terms of position explosion, according to statistics from three parties, in the past 24 hours , the number of positions explosion of bitcoin was 252 million US dollars, and the number of positions explosion was 45000 people

Dean, former general manager of JPMorgan Chase, said he was optimistic about silver and bitcoin. "By the end of the first quarter of next year, the price of silver is likely to reach $35 to $40," he said. As for bitcoin, by the end of this year, it may be more than $100000, or even $150000. "

In addition, Dean predicted that gold and bitcoin are expected to usher in a new wave of investors seeking to avoid inflation. Considering that bitcoin is a relatively new asset, the new growth trend of its investors is expected to be more obvious

Munger continued to attack bitcoin on May 1st, local time, the annual global investor's meeting, the general meeting of shareholders of Warren Buffett (Berkshire Hathaway) arrived as scheled

when asked how to evaluate bitcoin, Buffett said that he and Munger did not hold bitcoin and declined to discuss this topic. Munger said bluntly, "I hate the success of bitcoin. I don't like this virtual currency to kidnap our existing currency system. Bitcoin is like a financial proct born out of thin air, but it can make billions of dollars. I am not satisfied with this. It is contrary to the development of our civilization. "

6.

Taian Central Hospital, No.29 Longtan Road, Taishan District, Taian City, to Taian Branch of post company, No.222 Dongyue street, Taishan District, Taian City, belong to the ultra short distance travel in the region, with a variety of travel modes to choose from. For example, taking bus, riding or jogging

it is recommended to search the route information between the two places by using the Internet or Gaode map mobile app, and the bus information between the two places can be found, as shown in the figure below

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