<<  >> (p.3)
    Author Topic: Richest dude in Asia, going hard on Bitcoin  (Read 3798 times)
    Ron~Popeil
    Sr. Member
    ****
    Offline Offline

    Activity: 406
    Merit: 250



    View Profile
    May 15, 2014, 04:53:48 AM
     #41

    ...

    Li Ka-Shing did not get so rich by being a dummy.  It is worthwhile to watch what the extremely rich do (as opposed to what they say).  I believe Li Ka-Shing is diversfying out of China and Hong Kong.  A big BTC position might be very smart.

    * * *

    Another great example was Warren Buffett buying the BSNF railroad a couple of years ago or so.  He called it "a bet on America", but, Jim Rickards characterized it better as a hard asset.  A hard asset that transports other hard assets...  Buffett is not stupid either.

    Bitcoin, in a sense, is a hard asset as well.

    Then Warren Buffet donated to certain politicians and uses the PACs he funds to oppose the keystone pipeline. Guess how the shipments of that oil are being transported right now?

    Crony capitalism at it's finest.  

Page 2
Viewing Page: 3