Warren Buffett: Bitcoin is a Deception | Bitcoin,Crypto and Blockchain news and dictionary

Warren Buffett: Bitcoin is a Deception

Warren Buffet continued to criticize Bitcoin.

Berkshire Hathaway CEO Warren Buffett said in an interview with CNBC that Bitcoin was a in scam Berks and pulled out the charlatans Berks.

”Bitcoin Scam“
According to the Forbes list of Squawk Box programs, Buffett Bitcoin, the 3rd richest man in the world, evaluated. Together with JP Morgan CEO Jamie Dimon and economics professor Nouriel Roubini, one of Bitcoin’s greatest critics, Buffett reiterated that he had not changed his mind:

Bitcoin is expertly made and Blockchain is very important, but Bitcoin does not have a special value. It doesn’t produce anything. You can sit and watch across the day, small bitcoins don’t occur. Simply this is a dream.

Buffett had previously made Bitcoin a “rat poison”. He said this was a progress and continued:

When you try to do something fake and try to sell it, you don’t get into it, but when you enter Wall Street, big money turns.

Billionaires And Bitcoin
It cannot be said that Buffett’s comments make sense for someone in the crypto-money world. Biting that Bitcoin doesn’t produce a value, Buffett has a wealth of more than $ 100 billion. From here, we can say that Buffett doesn’t like gold. On the other hand, it is useful to say that very few of the billionaires have a moderate approach to crypto coins. As it has been throughout history, it is quite natural that a new breakthrough encounters resistance and cannot be quickly adopted.

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