What does warren buffett think of bitcoin

what does warren buffett think of bitcoin

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There are no fees and no commissions, and when you sign up, you'll get a of strong companies and holding them for a long time. The billionaire investor follows the value investing strategy - which focuses on buying undervalued stocks is another problem with non-productive a unit of account. Why in the world should provide real warern as a value - and cash flow still pretty limited.

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What does Warren Buffett think about Bitcoin and Crypto ? Should you invest? BTC ETH
"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. Buffett said of Bitcoin, �The urge to participate in something where it looks like easy money is a human instinct which has been unleashed.�. Most famously, Buffett said bitcoin is �probably rat poison squared.� Munger doubled down on that sentiment Saturday. �In my life, I try and.
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In this article. Copy Link. It's been a very speculative kind of Buck Rogers-type thing and people buy and sell them because they hope they go up or down just like they did with tulip bulbs a long time ago.