RE: MUST READ: Why Warren Buffet Can Be Wrong!
In his non-belief in blockchain tech and what it holds for the emerging 'new order' of the world Warren epitomises the fact that general opinion is no proof of truth for the generality of men are ignorant. Just yesterday I was in a discussion with a senior Nigerian citizen, a very rich and seasoned retired accountant. He too maintained vehemently that cryptocurrency is bound to fail. The butt of his argument was that money MUST have some form of tangibility, and since the blockchain tech doesn't provide it, it will fail.
Truth is that the old, dying method of 'production' has been around for so many centuries that people's minds and heads cannot fathom anything otherwise. But just like in every trailblazing invention, the early believers reap most of the benefits while the ardent non-believers eat the crumbs later. Just in case you belong to this group of non-believers, please get converted and start running with the new idea because it is not a co-incidence that you're reading me now.
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Love you thought flow. Thanks for your comments @sungbojus