Warren buffett on bitcoin

warren buffett on bitcoin

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Berkshire Hathaway made its crypto on Fortune. Companies like Nubank are looking Russell 2, Crude Oil Gold last year, the company also largely dissatisfied with the existing more traditional financial assets. This story was originally featured otherwise.

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Warren Buffett: Bitcoin Is An Asset That Creates Nothing - CNBC
Billionaire Warren Buffett memorably described Bitcoin as �rat poison squared� during a shareholder meeting in April Buffett has said that. Warren Buffett dismissed bitcoin as a worthless delusion and 'rat poison squared.' Here are his 16 best quotes about crypto.
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But the Oracle of Omaha is no stranger to sin stocks, having acquired a sizable stake in Guinness, the beer brand that would eventually be combined with other brands to form Diageo, back in the s. The idea that it has some huge intrinsic value is just a joke in my view. But the one thing I'm pretty sure of is that it doesn't produce anything," Buffett said. Buffett himself commented that there's "nobody" that's short bitcoin, everyone is a long-term holder.