Buffett said, “If you said … for 1% interest in all farmland in the United States, pay our group $25 billion, I’ll write you a check this afternoon.” »
“For $25 billion, I now own 1% of the farmland. If you offer me 1% of all the apartment buildings in the country and you want another $25 billion, I’ll write you a check, it’s very simple.
“Now if you told me you own all the bitcoins in the world and offered it to me for $25, I wouldn’t take it because what would I do with it? I would have to sell it to you one way or another.
“It’s not going to do anything. Apartments will produce rents and farms will produce food. »