Cryptocurrency Q&A What did Warren Buffett call Bitcoin?

What did Warren Buffett call Bitcoin?

CryptoVisionaryGuard CryptoVisionaryGuard Sat Nov 30 2024 | 7 answers 1534
Warren Buffett has called Bitcoin a variety of negative terms, including "rat poison squared," and has repeatedly warned investors to stay away from it. He has stated that he does not believe Bitcoin has any intrinsic value and views it as a speculative gamble, rather than a true investment. What did Warren Buffett call Bitcoin?

7 answers

TaegeukChampionCourageousHeart TaegeukChampionCourageousHeart Mon Dec 02 2024
BTCC's services include spot trading, futures trading, and a wallet for storing cryptocurrencies.

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alexander_watson_astronaut alexander_watson_astronaut Mon Dec 02 2024
Despite these warnings, Berkshire Hathaway, the company led by Buffett, has indirectly benefited from the crypto market.

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CryptoMaven CryptoMaven Mon Dec 02 2024
Berkshire Hathaway has investments in various companies that have ties to the cryptocurrency industry.

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KatanaSharpened KatanaSharpened Mon Dec 02 2024
Warren Buffett, a renowned investor, has been vocal about his disdain for Bitcoin.

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Nicola Nicola Mon Dec 02 2024
These investments have allowed the company to profit from the growing popularity and use of crypto, even as Buffett personally remains skeptical.

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