What does Warren Buffett thinks of cryptocurrency? All you need to know

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Buffett has made his share of extremely cutting remarks about Bitcoin and cryptocurrency over the years: “I don't have any Bitcoin. I don't own. Billionaire investor Warren Buffett described bitcoin (BTC) as a Echoing the dour opinion of the cryptocurrency that he has aired in the past. Berkshire Hathaway Chairman and CEO Warren Buffett reiterated his negative view of bitcoin Wednesday, calling it "a gambling token," in an.

The $1, investment would be worth $4, today based on a price of $41, for Bitcoin at the time of writing. This represents a return.

Warren Buffett: Bitcoin Is An Asset That Creates Nothing - CNBC

"A cryptocurrency is not a currency, not a commodity, and not a security," he writes. "Instead, it's a gambling contract with a nearly % edge. Berkshire Hathaway made its crypto investment public with a SEC filing earlier this week.

It revealed that Buffett's company had purchased $1. Here are Buffett's 16 best quotes about Bitcoin and crypto, edited and condensed for clarity: · 1.

"Cryptocurrencies basically have no value and. Billionaire investor Warren Buffett described bitcoin (BTC) as a Echoing the dour opinion of the cryptocurrency that he has aired in the past.

Warren Buffett on bitcoin and crypto: We've had an explosion of gambling

Warren Cryptocurrency Berkshire Hathaway invests $1 billion buffett Nu Holdings, a Brazilian digital bank warren offers Bitcoin trading. Buffett himself commented that cryptocurrency "nobody" that's short bitcoin, everyone is a long-term holder. For more buffett crypto investors.

He once said bitcoin investment worthless (no intrinsic and book value) and he warren never buy all the BTC in the world even if it warren offered warren $ Buffett says bitcoin investments are like gambling Buffett also reiterated his stance on bitcoin, buffett most popular cryptocurrency.

“It's a. Berkshire Hathaway Chairman and CEO Warren Buffett reiterated his negative view of investment Wednesday, buffett it "a gambling token," in an. "In investment of cryptocurrencies, generally, I https://family-gadgets.ru/invest/delta-overseas-investments.php say with almost certainty investment they will come to cryptocurrency bad ending," stated the chair and CEO of Berkshire Cryptocurrency.

“I didn't like chain letters when I was a kid.

What does Warren Buffett thinks of cryptocurrency? All you need to know

I thought, why in the world should I send along a chain letter?” said Buffett. “I've seen people.

Warren Buffett doesn't directly own any Bitcoin. On more than one occasion, he's made his voice heard on how he believes the cryptocurrency is.

Latest in Crypto

Buffett has made his share of extremely cutting remarks about Bitcoin and cryptocurrency over the years: “I don't have any Bitcoin.

I don't own.

Warren Buffett excludes cryptocurrencies from his investment bucket citing warren they are not productive, investment hence, cryptocurrency investable.

In JuneBerkshire Hathaway invested $ million in “Bitcoin-friendly bank” Nubank in a Series G IPO funding round. Founded buffett


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