“In contrast, bitcoin or other digital currencies are very likely worthless in the long term, and those are the kind of assets that investing legend Warren Buffet won’t touch. It’s these latter kinds of assets that have a greater chance to be in bubble territory because they don’t generate cash flow to support their valuations.”
James Royal, Reporter · Bitcoin since: +555%
As published by NEWSBTC
A little perspective.
Bitcoin on that day$10,293September 4, 2020
$100 at that price$655.04At our latest price check
Illustrative value using a Bitcoin price of $67,421, checked Nov 14, 2026, 3:26 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin Is Worthless In Long-Term” — James Royal, NEWSBTC, September 4, 2020. Bitcoin: $10,292.6. https://bitcoindeaths.com/posts/2020-09-04-bitcoin-is-worthless-in-long-term