Billionaire investor, founder and CEO of holding company Berkshire Hathaway Warren Buffett (Warren Buffett) has confirmed its negative attitude towards cryptocurrencies, continuing criticism of bitcoin.

Presided at the annual shareholders meeting of Berkshire Hathaway, the “Oracle of Omaha” said that bitcoin is now “probably rat poison in the square.”

.@WarrenBuffett on bitcoin just now: “it’s probably rat poison squared.” #brk2018

— Becky Quick (@BeckyQuick) May 5, 2018

Deputy head of Berkshire Hathaway and his longtime associate Charlie Munger (Charlie Munger) supported Buffett, saying:

“I like cryptocurrency is even smaller than Warren, it is just the dementia”.

Charlie Munger: “I like cryptocurrency even less than Warren does … to me it’s just dementia.” And a bitcoin trading desk is “like somebody else is trading turds and you’re being left out.”

— Becky Quick (@BeckyQuick) May 5, 2018

Called bitcoin a “real bubble” back in October of last year, Warren Buffett in recent months was noted by a number of critical attacks against cryptocurrency. In January, he said that “the cryptocurrency will come to a bad end”. Bitcoin and other scriptactive — objects that are not investment but speculation, he said later.

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