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Genesis Mining tease Warren Buffett


Warren Buffett is in focus of the cryptocurrency community.

After the world-famous investor has repeatedly allowed himself to criticize Bitcoin and cryptocurrencies, without being shy in expressions, the cloud mining company Genesis Mining did not miss the opportunity to publicly tease the investor by placing a billboard next to his office with the question:

Warren, you said you were wrong about Google and Amazon. Maybe you’re wrong about Bitcoin?

Genesis Mining tease Warren Buffett - Coinatory

The appearance of the shield became known when the co-founder of the Icelandic enterprise Marco Cron (pictured above) published pictures of this billboard on Twitter.

In early May, Buffett and his partner for the company Berkshire Hathaway, Charlie Manger, attacked bitcoin, calling it a “disgusting phenomenon” and “rat poison.” Speaking at a conference of investors Berkshire Hathaway, Buffett said:

Cryptocurrency has an inglorious end since this asset does not produce any value. In addition, there is a problem in the form of many charlatans creating exchanges or various other projects.

Manger is an even sharper critic of bitcoin. In the past, he argued that trading the most popular cryptocurrency was not far from the “huge profits from selling fresh babies’ brains.”

Such statements would inevitably lead to trolling in the address of the indicated couple. It was only a matter of time.

This is not the first creation of this kind from Genesis Mining. Earlier, after the words of the head of JPMorgan Bank Jamie Daymon that “Bitcoin is a scam,” the service also printed a billboard with an appeal to the banker:

Genesis Mining tease Warren Buffett - Coinatory

Despite the views of Buffett and Manger, companies from Wall Street are beginning to show more and more optimism regarding the currency trading. Perhaps, Goldman Sachs is the largest of the traditional companies that intend to launch the bitcoin futures trade (it has already hired relevant specialists). The position of traditional capitalists began to change last year when Cboe and CME started trading bitcoin futures.

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