Cryptocurrency News

Buffett back bashing Bitcoin, claims it ‘doesn’t produce anything’

05/03/2022

Less than a minute

2022.05.03 09:05

Buffett back bashing Bitcoin, claims it ‘doesn’t produce anything’

Billionaire investor Warren Buffett has once again slammed Bitcoin (BTC), asserting he “wouldn’t take” all of the BTC in the world for just $25.

The 91-year-old, with a net worth of around $124 billion, is an avid crypto skeptic that once called Bitcoin “rat poison squared.” His arguments often stem around digital assets offering no tangible value, and the community has been quick to highlight on this occasion that there is a myriad of use cases and utility in crypto that Buffett likely hasn’t researched.

Jamie Dimon pays crypto a small compliment

05/03/2022

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