Berkshire Hathaway CEO Warren Buffett claims that he would “not spend $25” even if he was offered all the bitcoin in the world. What is your take on this ?
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Berkshire Hathaway CEO Warren Buffett claims that he would “not spend $25” even if he was offered all the bitcoin in the world. What is your take on this ?
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I agree with Mr.Buffet
“I don’t know if it will go up or down in the next year, five years, or ten years,” Buffet said. But one thing is certain: it does not produce anything.”
According to the veteran investor, Bitcoin lacks reality because “only one currency is accepted.” “You can come up with all sorts of things — we can put up Berkshire coins… but in the end, this is money,” Buffet said, holding up a $20 bill. “And there’s no reason in the world why the US government… should let Berkshire money replace theirs,” he added.