The hottest news in the crypto world these days isn't about the rise or fall of a certain coin, but about the 95-year-old veteran who has been criticizing Bitcoin for over a decade—Warren Buffett—officially announcing his retirement from the CEO position at Berkshire Hathaway. This news has caused a ripple in the traditional investment circle and sparked a discussion in the crypto community—many seasoned investors are asking whether the stubborn faction is exiting and whether the window for mainstream adoption of crypto assets is opening.

But don't celebrate just yet. Having seen many shifts in sentiment over eight years in the industry, the essence of this event isn't that simple. Buffett's "anti-crypto persona" has never been just a passing temper; it is rooted in the complete logic of traditional value investing. In his investment philosophy, Bitcoin has no real assets backing it and doesn't generate cash flow; essentially, it's a speculative tool. This directly conflicts with his lifelong belief that "buying stocks is equivalent to buying companies." This viewpoint may sound stubborn, but it actually reflects two entirely different asset valuation systems.

Here's the most interesting part: although Buffett publicly denounces crypto, Berkshire Hathaway has long been testing the waters. Many later observers might not be aware that Berkshire has heavily invested in Nubank, a digital bank in Brazil, whose main services include crypto-related businesses. In other words, Berkshire Hathaway is indirectly stepping into the crypto space through a "circuitous" route. This move can only be seen as a display of experience—maintaining a public persona of disapproval while secretly positioning for growth opportunities in emerging sectors.

On the surface, it seems contradictory, but upon closer reflection, it's clear: Buffett doesn't truly fail to see the market potential of digital assets. Instead, he's constrained by his long-established image and the pressure from traditional investment circles, making it difficult for him to directly participate in such assets. Now that he's preparing to step down from the CEO role, this transition could bring more variables. What will happen next? The market will likely provide the answer.