Bitcoin Mining Firm Trolls Warren Buffett with Billboards Outside His Office

warren buffett
warren buffett

Genesis Mining‘s bitcoin advocacy campaign has posted billboards outside of Warren Buffet’s office to remind him that he was wrong about Google and Amazon and warn him he may be wrong about bitcoin, too.

The billboards went up shortly after Buffet dissed bitcoin during a Berkshire Hathaway annual shareholders’ meeting.

Billboards Constructed to Troll Warren Buffett Draw Community Support

The billboards have drawn a lot of support from people on Twitter, some of whom speculate the investing guru doesn’t have any need for cryptocurrency given his wealth.

One tweeter suggested cryptocurrency will get Buffet’s attention when it is eventually used to tokenize conventional stocks.

Genesis Mining’s bitcoin awareness billboard campaign is an effort to educate the public about bitcoin. One goal is to provide balance to the negative impressions that mainstream media often gives bitcoin.

Earlier this month, Genesis Mining organized a “Bankers Against Bitcoin” demonstration at the 2018 Consensus blockchain conference in New York City. The protesters, who presented themselves as bankers, carried anti-bitcoin signs to convey the banking industry’s opposition to bitcoin.

Marco Streng, CEO of Genesis Mining, noted on the Bankers Against Bitcoin website that decentralized technology marks the biggest competition banks have faced and noted that the protest represents what will happen to companies that fail to accept change.

Also read: Genesis Mining launches nationwide advocacy campaign

Campaign Supports Bitcoin And Blockchain

Warren Buffett
Warren Buffett, the “Oracle of Omaha,” is one of bitcoin’s most outspoken critics. | Source: Shutterstock

The website noted the #ExploreBitcoin project began two years ago to raise public awareness about bitcoin and blockchain and has already executed numerous campaigns to raise support for the nascent cryptocurrency.

In 2016, The campaign attacked JPMorgan CEO Jamie Dimon, a strident bitcoin critic, with mobile billboards circling the Miami Bitcoin Conference.

In 2017, the campaign criticized journalists for negative coverage of bitcoin.