Post #4849 by ajm101 on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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I don't know, but I am trying to gain some understanding. The value, seems to be that it represents a new digital money/gold that you can self custody and the fact that no one to date has broken its code.

I previously wrote about this on the old MF boards and they are lost to time. I was chatting with a company doing blockchain related (non-cryptocurrency, more distributed ledger) financial activities. I did a deep dive for my own reasons, and they were a bit engineering focused. This was before https://www.bloomberg.com/features/2022-the-crypto... which great if you don't have to understand the guts of how it works at a technical level.

I still have no idea why it is worth anything or keeps going up in value, honestly, even though I could tell you a bit about how it works.

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