Warren Buffett: ‘Gambling Device Bitcoin Hasn’t Produced Anything’

2019-5-5 19:05

By CCN: Turns out 88-year-old Warren Buffett isn’t warming up to crypto after all. Speaking at what’s been dubbed the “Woodstock of Capitalism”, the billionaire investor told shareholders in Berkshire Hathaway how he really feels about bitcoin.

His company’s annual shareholder event is being held in Omaha today, and he just couldn’t resist lamenting the digital currency that he just doesn’t understand. Buffett reportedly stated: “It’s a gambling device… there’s been a lot of frauds connected with it. There’s been disappearances, so there’s a lot lost on it. Bitcoin hasn’t produced anything. ” At least Buffett didn’t call it “rat poison

The post Warren Buffett: ‘Gambling Device Bitcoin Hasn’t Produced Anything’ appeared first on CCN

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2019-3-5 22:11


Binance CEO ‘CZ’ Wants Warren Buffett To Take On BNB For These Reasons

Following Warren Buffett’s most recent interview with CNBC’s Becky Quick, where he talked about blockchain’s importance and Bitcoin lacking inherent value, Changpeng Zhao aka CZ, the CEO of the leading cryptocurrency exchange Binance has recently just implied that the native coin of Binance exchange [BNB] has the potential to dominate the financial world as opposed […] The post Binance CEO ‘CZ’ Wants Warren Buffett To Take On BNB For These Reasons appeared first on ZyCrypto.

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This week in Crypto: Facebook set to Launch its Cryptocurrency, Warren Buffett Calls Bitcoin A Delusion With No Unique Value, Tron stands above Ethereum in Chinese ranking, XRP listed on Coinbase and more

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2019-3-3 08:35


Ôîòî:

Financial bigwigs are still shitting on Bitcoin

For years, financial bigwigs have criticized cryptocurrencies such as Bitcoin, while often lauding its underlying blockchain technology. At times, their negative comments about cryptocurrency have been followed by their institution’s active interest in decentralized ledger technology – with some going as far as filing cryptocurrency-related patents and launching blockchain-based pilots.

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Anthony “Pomp” Pompliano Advices Warren Buffett to Buy Bitcoin with a Better Risk/Reward Profile

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2019-2-23 08:29


Ôîòî:

Bitcoin Will Thrive When Naysayers Like Warren Buffett Will Be ‘Pile of Dust’

The opinions of billionaire Bitcoin naysayers Warren Buffett and Charlie Munger will be obsolete in 20 years as both will be “a pile of dust” and Bitcoin will endure. Generational Differences That was the conclusion drawn by research this week about the huge differences between the older and younger generation when it comes to the cryptocurrency.

2018-9-29 23:00


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