Tim Draper Accuses Warren Buffet Of Bashing Bitcoin – But Is He Any Less Biased?

Must Read

Make Sure You Trade Crypto In The Weeks To Come

Global finance has seen some massive shifts caused by the worldwide coronavirus pandemic, COVID-19. Despite all of this...

Bitcoin (BTC) Prices Priming Up To Fall Again, A Major Bull Trap Is Emerging

Bitcoin prices might fall against the market odds in upcoming days. Bitcoin already acquired the flat trend and...

Messari Analyzed The Impact Of The Percentage Of Total Tokens Staked Over Price

Over the last few years, staking has been a popular trend in the digital currency market. With the...
IMG_20190610_132229_280
Parth Vig
Parth Vig is a Management student, and a keen observer of Cryptocurrency and blockchain technology, his interest in writing brings him to thecoinrepublic.com, He believes that he has many ideas that he pens down and he feels it would be a great asset for any kind of creative writing.
  • The Founder of DFJ Venture Capital, Tim Draper, has accused the chairman and the CEO of Berkshire Hathaway of bashing Bitcoin and being biased about it.
  • Tim Draper had accused the world’s richest investor, Warren Buffet, of being biased on bitcoin and also trying to bash Bitcoin because if Bitcoin succeeds, he stands to lose.
  • Draper will suffer substantial losses if Bitcoin fails and if Buffet is right, so that doesn’t make him clean of being biased at all.
    Advertisement


The Founder of DFJ Venture Capital, Tim Draper, has accused the chairman and the CEO of Berkshire Hathaway of bashing Bitcoin and being biased about it. The CEO of Euro Pacific Capital, Peter Schiff shared the news from the official peter Schiff twitter handle.

The news said that Tim Draper had accused the world’s richest investor, Warren Buffet, of being biased on bitcoin and also trying to bash Bitcoin because if Bitcoin succeeds, he stands to lose.

But this is not it, and it is not just Warren Buffet who might be biased and fearing a big loss. Tim Draper himself has invested heavily in something too. You could have guessed it, and it is Bitcoin.

Tim Draper has invested big in Bitcoin, so should he be accusing Warren Buffet of being bias about the lot when he himself is just trying to keep his investment afloat? Draper will suffer substantial losses if Bitcoin fails and if Buffet is right, so that doesn’t make him clean of being biased at all.

Peter Schiff, in reply to his original tweet, said, that why is Draper accusing Buffet of being biased? When you are living in a house made up of glass, you should not throw stones at others.

That sentence makes it very clear, and if you are yourself vulnerable and insecure and biased, then you should not accuse anyone else of being biased or afraid of what might happen in the future.

Bottom line being, both have invested in the rivaling assets, and both are a bit tense about it, but clearly, Draper just could not control his feeling and insecurities and has let the words fly without a second thought. But only time will now tell who wins what and who loses what.

Hot News

Make Sure You Trade Crypto In The Weeks To Come

Global finance has seen some massive shifts caused by the worldwide coronavirus pandemic, COVID-19. Despite all of this current volatility, analysts do believe...

Bitcoin (BTC) Prices Priming Up To Fall Again, A Major Bull Trap Is Emerging

Bitcoin prices might fall against the market odds in upcoming days. Bitcoin already acquired the flat trend and start facing resistance from the...

Messari Analyzed The Impact Of The Percentage Of Total Tokens Staked Over Price

Over the last few years, staking has been a popular trend in the digital currency market. With the launch of the aristocrats, Cosmos...

Bitcoin Price Analysis: BTC Price Crosses $6800 After Long Consolidation Period

Bitcoin price has finally crossed the price mark of $6800 indicating bulls are marching for $7k. Bitcoin's current price now is at the...

EOS Nation Partnered With Bancor To Launch A New DeFi  Platform xNation

EOS Nation partnered with Bancor to launch a new platform called xNation. With the help of this platform, the user can introduce and...

Ethereum Classic (ETC) Facing Variations Above The Crucial Level of $5.05

ETC is in negative momentum and it can drop down below price level of $5.05. ETC/BCH pair is suffering a major loss of...

Partners

Bitcoin (BTC) Prices Priming Up To Fall Again, A Major Bull Trap Is Emerging

Bitcoin prices might fall against the market odds in upcoming days. Bitcoin already acquired the flat trend and start facing resistance from the...

Messari Analyzed The Impact Of The Percentage Of Total Tokens Staked Over Price

Over the last few years, staking has been a popular trend in the digital currency market. With the launch of the aristocrats, Cosmos...

Bitcoin Price Analysis: BTC Price Crosses $6800 After Long Consolidation Period

Bitcoin price has finally crossed the price mark of $6800 indicating bulls are marching for $7k. Bitcoin's current price now is at the...

EOS Nation Partnered With Bancor To Launch A New DeFi  Platform xNation

EOS Nation partnered with Bancor to launch a new platform called xNation. With the help of this platform, the user can introduce and...

RELATED NEWS

Make Sure You Trade Crypto In The Weeks To...

Global finance has seen some massive shifts caused by the worldwide coronavirus pandemic,...

Bitcoin (BTC) Prices Priming Up To Fall Again, A...

Bitcoin prices might fall against the market odds in upcoming days. Bitcoin already...

Messari Analyzed The Impact Of The Percentage Of Total...

Over the last few years, staking has been a popular trend in the...