Warren Buffett: Bitcoin attracts charlatans
Source:
Berkshire Hathaway CEO Warren Buffett called «delusion» and stated that cryptocurrency attracts charlatans. The billionaire gave an interview to CNBC where he stated the next portion of criticism against the industry. Recall Warren for quite a long time against the advance of digital assets in the world.
thethe Old guard against the crypt
On the question of journalists about changing his mind on Bitcoin, Buffett replied firmly — he was not going to think about bitcoin any good. During the conversation he also mentioned that the digital asset has no real value, «the blockchain does not depend on Bitcoin» and produces nothing.
You can stare on Bitcoin, but it will not appear small bitcoins or something like that. Is an illusion, a delusion.
However, the billionaire doesn't know «where are we going next year». Buffett is deeply sympathetic to those people who thought that investing in Bitcoin needs to change their lives.
Recall that in may last year during a regular meeting of the leadership of Berkshire Hathaway Buffett Bitcoin «rat poison in square». According to him, all cryptocurrency and investors in them will sooner or later come to a bad end.
The head of the Board of Directors of the company, Charlie Munger is also opposed to Bitcoin and support the point of view of his boss.
Someone sells shit, and you for no reason at all decided to join them.
Source: SharesPro
However, it is important to remember that the strategy of Berkshire Hathaway can assume a completely opposite course. In October 2018, the company invested $ 600 million in companies focused on new growth markets.
More information look at our . Also look down in order not to miss the next bullrun and to prove to Warren his napravat.
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