Warren Buffett calls Bitcoin a ’Gambling Device’

Warren Buffett calls Bitcoin a ’Gambling Device’

Warren Buffett continued his bashing of Bitcoin calling it nothing but a gamble dominated by frauds. ’Bitcoin hasn’t produced anything’, said Buffett as he shared his negative sentiment on the top crypto he has previously referred to as ’rat-poison squared’.

KCooper
KCooper
Stephen
Stephen 8 months

As a long-term investment asset, I can see your point there, but as a short-term way to distribute currency outside the pervue of a more and more censorious left, it is a fantastic asset. It is literally an uncontrolled asset. It can be sent to anyone for anything. That's what financial freedom looks like.

Laura Angus
Laura Angus 8 months

Buffet is just mad this Ponzi scheme called fiat is going to end in the near future to give way to another Ponzi scheme

ACTree
ACTree 8 months

The one and only thing I like about Bitcoin is that it pisses off Warren Buffet

Rocky LeBlanc
Rocky LeBlanc 8 months

It's worse than a gambling device because when you play this game China is the house. They are behind the corporate push for Bitcoin because China has by far the most to gain being the single largest holder of Bitcoin on the planet by a massive margin.

Top in Crypto
Get the App