Warren Buffett Finally Goes Crypto?

ph1l

ph1l

https://berkshirehathawaytx.com/
upload_2022-11-18_20-19-38.png


No, it's just an ordinary Fraud-day.:)
https://finance.yahoo.com/news/warren-buffetts-berkshire-warns-crypto-235443962.html
Warren Buffett's Berkshire warns about crypto website using its name
Fri, November 18, 2022 at 5:54 PM·1 min read
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(Reuters) - Berkshire Hathaway Inc, run by billionaire Warren Buffett, on Friday warned investors it has no affiliation with a purported cryptocurrency brokerage website using the Berkshire Hathaway name.

The website describes its operator as a Texas-based broker founded in 2020 to give investors "an opportunity to achieve a completely passive income from investment in cryptocurrency mining."

It includes purported customer testimonials and says the broker is regulated in the United States, United Kingdom, Cyprus and South Africa, using incorrect names for two regulators. Its email format differs from that of Buffett's company.

Buffett has long been skeptical of cryptocurrency, and in 2018 called bitcoin "rat poison squared."

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In a statement, Buffett's company said it learned about the website, berkshirehathawaytx.com, on Friday afternoon.

"The entity who has this web address has no affiliation with Berkshire Hathaway Inc or its Chairman and CEO, Warren E. Buffett," Berkshire said.

The website's operator did not immediately respond to requests for comment.

Buffett has run Berkshire Hathaway Inc since 1965.

The Omaha, Nebraska-based conglomerate owns several dozen companies including the BNSF railroad and Geico auto insurer, and as of Sept. 30 owned more than $306 billion in stocks.

Cryptocurrency has come under renewed scrutiny recently. This week, U.S. crypto investors sued FTX founder Sam Bankman-Fried and several celebrities who promoted his exchange including NFL quarterback Tom Brady and comedian Larry David, claiming they engaged in deceptive practices to sell FTX yield-bearing digital currency accounts. FTX filed for bankruptcy and is facing scrutiny from U.S. authorities amid reports that $10 billion in customer assets were shifted from FTX to Bankman-Fried's trading company Alameda Research.

(Reporting by Jonathan Stempel in New York; Editing by David Gregorio)
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I LOVE this scam site! They have it all down! If you stare at the bottom of the screen, every 10 seconds or so there's a pop-up that says so-and-so invested 30K into the place, and so-and-so withdrew 70K, and all that jazz...

And then there is this...

"Berkshire Hathaway is a global CFD and FX broker. It is regulated by several financial authorities, including the Financial Sector Conduct Authorities (FSCA), UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC), FinCEN Department of the Treasury, United States of America."

I did not know that BRK, as a USA entity was allowed to trade CFDs. He must have gotten a pass on that illegal issue.

FinCEN? Dept. of Treasury, USA? OK!

I'd rather lose 10K of my money trading on a real exchange than make 10K on one of these scam country platforms. At least I would sleep better at night.

But I will not sleep better knowing that people are too fucking stupid to see these scams for what they are, and do not do their due diligence.
 
The old man still carries 500$+ in his wallet. And he has all my respect for not being cashless like most millennials...

I don't think he even has a computer on his desk, does he?
He eats Mac Donald...

My absolute respect, but he is way too ancient for cryptos.
 
virtusa said:
The way they try to catch people, confirms crypto's are a scam. A real honest product does not need this kind of "marketing".
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They are actually a Forex & CFD broker, so their main business is actually facilitating trading of fiat currency pairs.

virtusa said:
Here is another one: https://www.bhhs.com/about
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No, that's not a scam. Berkshire Hathaway Home Services is a legit company within the Berkshire Hathaway umbrella.
 
Baron said:
No, that's not a scam. Berkshire Hathaway Home Services is a legit company within the Berkshire Hathaway umbrella.
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I know, but they took on purpose the name of Berkshire Hathaway. Why? They could take any other name, but they didn't.
 
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