3 Reasons Warren Buffett Still Doesn't Like Bitcoin
Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, might be gaining acceptance from more and more players in the traditional financial system, but legendary investor Warren Buffett is still not a fan.
This attitude is nothing new from the CEO of Berkshire Hathaway, who has said on numerous occasions that he doesn't see anything special in the digital asset. At Berkshire's annual investor day on April 30, the Oracle of Omaha even said that if he were offered all the Bitcoin in the world for $25, he wouldn't take it. Here are three reasons Buffett feels this way.
One of the big reasons that Buffett told Berkshire's annual meeting that he wouldn't buy all of the Bitcoin in the world for $25 is, "What would I do with it?" He added:
Source Fool.com