Subject: Re: Crypto Capital
mungofitch asked 2 years ago:
Would you agree to sell me a share of Berkshire at the price of 15 bitcoin three years from now?
Measured in bitcoin, I'm willing to buy at a 40% premium, or 11.8%/year.
At this time, even in US$ this would be a bad contract to make. BRK stock currently trades for APR 16.4% higher than it traded at 3 years ago.
Which isn't to say that Buffett should ever consider investing in BTC. I agree with Buffett on this one, as if anybody should care.
R:)