4 Reasons Warren Buffett Can't Stomach Bitcoin
If there's one thing Warren Buffett will never ever invest in, it's bitcoin -- or any other cryptocurrency. He's called it "rat poison squared," a "mirage," and a "gambling device."
But if there's anyone who hates it more, it's his Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) second in command, Charlie Munger. He's called bitcoin "just dementia" and compared it to "trading turds."
Earlier this year, Buffett received a gifted Samsung phone containing bitcoin from cryptocurrency entrepreneur Justin Sun. Keeping with his vow that neither he nor Berkshire would ever own cryptocurrency, he donated the bitcoin to San Francisco's GLIDE Foundation.
Source Fool.com
