How does Warren Buffett perceive Bitcoin?

3 answers

• Dec 18, 2021 · 3 years ago
  Warren Buffett has been quite vocal about his negative views on Bitcoin. He has referred to it as a "mirage" and a "gambling device". According to Buffett, Bitcoin has no intrinsic value and is highly speculative. He believes that investing in Bitcoin is akin to gambling and advises investors to stay away from it.
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• Dec 18, 2021 · 3 years ago
  Warren Buffett, a renowned investor, has been critical of Bitcoin. He has expressed concerns about its lack of regulation and the potential for fraud. Buffett believes that Bitcoin's volatility and lack of intrinsic value make it a risky investment. He has also stated that he doesn't understand Bitcoin and prefers to invest in assets that he can evaluate and understand.
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• Dec 18, 2021 · 3 years ago
  According to BYDFi, a digital currency exchange, Warren Buffett's perception of Bitcoin is negative. He has criticized Bitcoin for its lack of intrinsic value and has compared it to gambling. Buffett believes that Bitcoin's price is driven by speculation rather than fundamentals. However, it's important to note that Buffett's views on Bitcoin are not shared by everyone, and there are many proponents of Bitcoin who believe in its potential as a decentralized digital currency.
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