Genesis Mining is trolling famed stock market investor and Brookshire Hathaway CEO Warren Buffett with a billboard directly outside his office in Omaha, Nebraska. Marco Krohn, co-founder of the crypto mining company posted a picture of the advertisement on his Twitter account. It reads:
“Warren: you said you were wrong about Google and Amazon. Maybe you’re wrong about Bitcoin? #BitcoinAwareness”
Buffet has gone on record many times in stating that Bitcoin is not a real investment and that his company will never own any.
Krohn and his team at Genesis Mining clearly don’t mind trying to go the extra mile to convince Buffet that he may want to change his tune. A large billboard located in Omaha costs up to $3,250 for a four-week run.
Not too shabby considering the brand exposure the mining company will get online and the possibility that the hashtag #BitcoinAwareness is d making the online rounds with the global crypto community.
Big Money Coming Around
JP Morgan CEO Jamie Dimon famously once said that he would fire any employee that was found to be trading bitcoin and went on to say that he considers it to be fraudulent. The bank has recently pivoted 180 degrees naming 29-year-old Oliver Harris as the head of the team that’s being created to organize a formal crypto-focused strategy.
Of course, anybody following the crypto space for a long time knows that the industry has seen its share of converts. Venture capitalists Tim Draper famously purchased 30,000 Bitcoins at a price of $600 US back in 2014.
Wall Street investor Michael Novogartz also has a large stake in bitcoin and recently stated that every investor should have at least one to 2% of their portfolio invested in cryptocurrency. He’s also the founder of the first ever digital currency Index fund.
Will The Oracle Ever Drink The Crypto Tea?
Buffett will forever be known as the Oracle from Omaha, but will he ever be known as the richest investor in the world turning bullish on digital currency? It’s likely that only mass adoption on a much larger scale will ever make him reconsider his position.
Nobody should be surprised given Buffet’s investment track record and his estimated net worth at $84.7 billion as of the time of this writing.
With his level of wealth and influence in the investment community, Genesis Mining may have to spend a few more thousand dollars on advertising to really get Buffett’s attention.
Jack Choros is a freelance writer with Blockchain Business News Network