How does Warren Buffett view bitcoin as an investment?

3 answers

• Dec 17, 2021 · 3 years ago
  Warren Buffett has been quite vocal about his skepticism towards bitcoin as an investment. He has referred to it as a 'mirage' and 'rat poison squared.' Buffett believes that bitcoin lacks intrinsic value and is highly speculative. He has also expressed concerns about its potential for illicit activities and the lack of regulation. Overall, Buffett does not see bitcoin as a viable long-term investment option.
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• Dec 17, 2021 · 3 years ago
  Warren Buffett is known for his conservative investment approach and focus on value investing. He has traditionally favored investments in established companies with strong fundamentals. Bitcoin, being a decentralized digital currency, does not fit into Buffett's investment criteria. He prefers to invest in assets that generate cash flows and have a proven track record.
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• Dec 17, 2021 · 3 years ago
  According to BYDFi, a digital currency exchange, Warren Buffett's views on bitcoin are well-known. He has consistently criticized bitcoin and other cryptocurrencies, stating that they have no intrinsic value and are speculative assets. Buffett believes that investing in productive assets, such as stocks and businesses, is a better way to build wealth over the long term.
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