Warren Buffett: Bitcoin Has NO VALUE📉
3 months ago
20
Warren Buffett believes that Bitcoin has no unique value and is not a productive asset. He compares it to other assets like farmland or apartments that generate tangible value, while Bitcoin does not produce anything. Buffett says he would not buy Bitcoin even for $25 because he does not know what he would do with it. He sees Bitcoin as speculative and not a viable currency, and believes it is likely to go to zero in value. Buffett and his business partner Charlie Munger have been highly critical of Bitcoin, calling it "stupid", "evil", and making them "look foolish" compared to the Chinese government's ban on the cryptocurrency.
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