Delusional Bitcoin Vs Fool’s Gold – Eco Economic Heartbeat – Medium

Warren Buffett says bitcoin is a ‘delusion’ and ‘attracts charlatans’ Billionaire investor Warren Buffett says he sees “no unique value” in the world’s largest cryptocurrency. “It is a delusion, basically,” Buffett tells CNBC’s Becky Quick. The Berkshire Hathaway CEO has been a long-time critic of cryptocurrencies. He called bitcoin “probably rat poison squared,” ahead of the 2018 Berkshire Hathaway annual shareholder meeting. So, as a hedge to the dollar and other (FIAT) currencies collapsing, everyone always says buy gold, buy gold (and silver).. this sounds like a sound strategy until one considers Warren Buffet’s take on the total amount

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