Andreessen Calls Buffett A ‘Personal Hero’ Who Doesn’t Understand Tech

Anyone who has been paying attention shouldn’t be surprised that Warren Buffett is no fan of highly speculative investments, so when he said that “the idea that [Bitcoin] has a huge intrinsic value is just a joke in my view,” in an interview with CNBC it shouldn’t have been much of a surprise. But tech entrepreneur Marc Andreessen took issue with his stance, saying that the “track record of old white men who don’t understand tech crapping on tech they don’t understand is still at 100%,” at last week’s CoinSummit, basically preaching to the choir.