Berkshire Hathaway CEO Warren Buffett defined Bitcoin as a delusion and said that it attracts charlatans.
Warren Buffett News
Warren Edward Buffett is an American investor, philanthropist and the current CEO of Berkshire Hathaway — a transnational conglomerate holding company. Warren is one of the richest people on the planet, with a net worth of $84 billion. Warren Buffett is considered to be a trade icon and is one of the most influential persons in the business word. Warren Buffett’s financial advice is of great importance for entrepreneurs and investors, and his annual reports are an expected event in the trading world. Warren Buffett’s views on Bitcoin investments are very skeptical. He does not even consider Bitcoin to be an investment, as it does not produce any valuable goods. However, Buffett himself doesn’t argue his level of competence in blockchain-based money is very high and admits that he could be wrong about them and their future.
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- News
by Helen Partz
CEO Brian Armstrong is the first crypto entrepreneur to join billionaire-backed charity program The Giving Pledge.
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by Helen Partz
Crypto asset manager Morgan Creek Digital has issued a $1 million bet against the performance of the S&P 500 stock market index.
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Berkshire Hathaway – whose CEO and chairman is outspoken Bitcoin critic Warren Buffett – has invested around $600 million in two fintech payment firms.
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by Helen Partz
Users of Ethereum-powered prediction market Augur are now betting on “assassination markets,” featuring Donald Trump and Warren Buffett.
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An executive at Vanguard Investment has made the by now trite comparison of cryptocurrencies to tulips, while also noting his appreciation for blockchain tech.
- Analysis
Four of the world’s richest and most influential individuals have some interesting takes on Bitcoin and cryptocurrencies.
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VC investor Chamath Palihapitiya is bullish on Bitcoin, says Warren Buffett and Charlie Munger don’t have technology in their “circle of competence”.
- Expert Take
Now Wall Street is better not to listen, if they do not want to become history.
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The owner of the New York Stock Exchange wants to offer its customers Bitcoin, according to unnamed sources speaking to the New York Times.
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Charlie Munger has further embellished his uniquely imaginative vision of BTC, comparing cryptocurrencies to “trading freshly harvested baby brains.”
- Hodler’s Digest
This week saw rather childish name calling against cryptocurrencies by some of the world’s richest people, but also adoption by some of the world’s largest bank...
- News
by Helen Partz
The executives of Berkshire Hathaway have once again slammed Bitcoin on the company’s annual meeting.
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Holding his usual anti-Bitcoin stance, Warren Buffett claims that “buying Bitcoin is not investing” because it doesn’t “produce anything”.
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Aging Berkshire Hathaway vice president Charlie Munger outdid CEO Warren Buffett in slamming Bitcoin this week.
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