Binance CEO Response on Warren Buffet can Buy All Bitcoin in Circulation
Anthony Pompliano, co-founder and partner at Morgan Creek Digital, fulfilled to his twitter page to promote the crypto community. He said on twitter, Warren Buffett, an American investor has $ 137 billion. This can conclude that Buffett can almost buy every Bitcoin in the circulating supply.
Binance founder and CEO, Changpeng Zhao, started “This is where math is deceiving. It’s only true if EVERY hodler is willing to sell at the current price, which is obviously not true, as there is no 21m BTC sell wall.” “Alas, Mr. Buffet will only be able to buy a small portion of Bitcoins, and at very high prices at that,” he deduced.
Pomp approved that though Buffett has huge capital, he can not buy Bitcoin.
This controversy proceeds, few advices on how the BTC price can grow, if Buffett aggred to purchase a huge part of Bitcoin
Connectivity of Buffett and BTC
As a billionaire investor, many people catch every litigation. A crypto community bid him for BTC projects. According to the Forbes Billionaire list, the ‘Oracle of Omaha’ ranked 4th, with $73.5 billion. It was listed in 2020.
In order to uplift investments, Buffett prefers Berkshire Hathaway. Also rendered huge profit by investing in 2008 his investments raised higher.
‘Be fearful when others are greedy, and be greedy when others are fearful’, well said Buffett sir. This remarkable strategy makes one unique from others and can boost your investment planning.
Buffett holds Tron founder, Justin Sun. In 2019 ensured a lunch appointment with Warren Buffett when he contributed $5 million to charity.
Buffett predicted that cryptocurrencies basically have no value and they don’t produce anything, and in terms of value, zero. As cryptocurrency industry has made him connected in it.
