Warren Buffett doesn’t mince his words when it comes to giving his opinion about Bitcoin. The Oracle of Omaha once again blasted Bitcoin
Highlights
- Warren Buffett, one of the world’s richest men, is again going after Bitcoin.
- The Oracle of Omaha once again blasted Bitcoin today on CNBC, calling the pioneer cryptocurrency a “gambling token” without any intrinsic value.
- Buffett also compared Bitcoin and the broader crypto market to gambling activities like the roulette wheel and slot machines.
- He posited that people are drawn to crypto because the “urge to participate in something that looks like easy money is a human instinct which was always there” Buffett has infamously called bitcoin “rat poison squared” and a ‘delusion” He also frequently warns investors against investing in the volatile crypto asset.
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