Cryptocurrency Q&A
What does Warren Buffett say about bitcoin?
What does Warren Buffett say about bitcoin?
BusanBeauty
Sun Feb 23 2025
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5
answers
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Warren Buffett has repeatedly expressed his skepticism and criticism towards bitcoin. He has called it a 'gambling device', likening it to gambling in Las Vegas, and has stated that it has no intrinsic value. Buffett argues that Bitcoin does not produce anything and its value is dependent on more people entering the market and buying at higher prices. He has also compared bitcoin to a bubble and warned that it could completely collapse. Additionally, Buffett has stated that he does not believe in the value of bitcoin as a currency due to its volatility and lack of stability.
5 answers
Nicola
Tue Feb 25 2025
Warren Buffett's stance on Bitcoin and cryptocurrencies has been consistently negative.
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CryptoChieftain
Tue Feb 25 2025
Throughout the years, he has expressed an unrestrained dislike for the digital currency.
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lucas_taylor_teacher
Tue Feb 25 2025
Buffett has famously referred to Bitcoin as "rat poison," highlighting his disdain for it.
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Paolo
Mon Feb 24 2025
Even if offered the opportunity to buy all the Bitcoin in the world at a rock-bottom price of $25, Buffett has stated that he wouldn't do it.
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CryptoWizardry
Mon Feb 24 2025
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the crypto market. These include spot trading, futures trading, and a wallet service, among others.
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